Courtis Kenneth S. 4

What Happened

• Kenneth S. Courtis, a director of Alpha Metallurgical Resources, purchased a total of 10,000 shares in open-market transactions on March 11, 2026. The trades were reported on a Form 4 filed March 13, 2026.
• Lot details: 2,598 shares @ $185.28 ($481,357), 611 shares @ $185.91 ($113,591), 4,052 shares @ $187.36 ($759,183), and 2,739 shares @ $187.87 ($514,576). Total consideration ≈ $1,868,707.
• These were purchases (transaction code P), which are direct acquisitions of stock rather than sales, option exercises, or awards.

Key Details

• Transaction date: 2026-03-11; Form 4 filed: 2026-03-13 (filed within the standard two-business-day window).
• Prices: reported as weighted averages; underlying ranges per footnotes:
  • Lot 1: weighted avg $185.28 (trades ranged $184.54–$185.51)
  • Lot 2: weighted avg $185.91 (trades ranged $185.56–$186.52)
  • Lot 3: weighted avg $187.36 (trades ranged $186.58–$187.57)
  • Lot 4: weighted avg $187.87 (trades ranged $187.58–$188.18)
• Shares owned after the transaction: not provided in the supplied filing summary.
• Transaction type: open-market purchases (not a 10b5-1 plan, gift, award, or option exercise per the details provided).

Context

• These are straightforward open-market purchases by a company director. Purchases by insiders are often watched by retail investors as one data point of confidence, but they do not by themselves prove future performance. The filing appears timely and contains weighted-average price details for multiple executions.