Courtis Kenneth S. 4

What Happened
Kenneth S. Courtis, a director of Alpha Metallurgical Resources, acquired 15,000 shares in multiple open-market purchases on May 12, 2026, at reported prices ranging roughly $183–$192. The nine reported trades total about $2,838,326. These were purchases (net buys), which investors often view as a more informative signal than routine sales.

Key Details

• Transaction date: 2026-05-12; Form 4 filed: 2026-05-15 (appears to be reported after the typical two-business-day deadline).
• Trades reported (shares @ reported price = value):
  • 596 @ $183.05 = $109,098 (F1)
  • 588 @ $184.02 = $108,204 (F2)
  • 911 @ $185.14 = $168,663 (F3)
  • 563 @ $187.10 = $105,337 (F4)
  • 705 @ $188.14 = $132,639 (F5)
  • 3,500 @ $189.12 = $661,920 (F6)
  • 3,678 @ $190.45 = $700,475 (F7)
  • 4,369 @ $191.05 = $834,697 (F8)
  • 90 @ $192.14 = $17,293 (F9)
• Total: 15,000 shares for approximately $2,838,326.
• Shares owned after the transaction: not provided in the supplied excerpt.
• Footnotes F1–F9: each noted price is a weighted average; underlying trades within each block occurred across small price ranges (see F1–F9 for ranges). No 10b5-1 plan, tax-withholding, or option exercises were indicated in the provided data.

Context
This filing shows a sizable directorship purchase in a single day. Purchases by directors can be interpreted as alignment with shareholder interests, but they do not guarantee future stock performance. The filing date suggests the Form 4 was submitted after the usual two-business-day reporting window, which investors may want to note when assessing timeliness.