Courtis Kenneth S. 4

What Happened

• Kenneth S. Courtis, a director of Alpha Metallurgical Resources, received a derivative award on May 6, 2026: 2,162 stock-based instruments priced at $111.02 per share, with a reported aggregate value of $240,025. The filing identifies these as a grant/award (derivative), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-06; Form 4 filed 2026-05-08 (timely filing).
• Award: 2,162 derivative shares at $111.02 each; total reported value $240,025.
• Footnote: These are stock options that become exercisable one-for-one for the same number of common shares on May 5, 2027 (they are not immediately exercisable).
• Correction: The filing notes an administrative correction—85,857 shares of common stock were inadvertently omitted from Mr. Courtis’s prior filings and are now reflected.
• Transaction code: A (award/acquisition, derivative).

Context

• This was a grant of options (a derivative award), which gives the holder the right to buy shares at the stated price once exercisable; no shares were reported sold or exercised in this filing. The correction to prior ownership increases his reported beneficial holdings but does not by itself indicate buying or selling activity.