Courtis Kenneth S. 4
Research Summary
AI-generated summary
Alpha Metallurgical (AMR) Director Kenneth S. Courtis Buys 10,000 Shares
What Happened
- Kenneth S. Courtis, a director of Alpha Metallurgical Resources, acquired a total of 10,000 shares of AMR in open‑market purchases on June 12, 2026 (transaction code P). The buys break down as: 6,136 shares at a weighted average price of $200.49 (≈ $1,230,207) and 3,864 shares at a weighted average price of $201.11 (≈ $777,089), for an aggregate cost of about $2,007,296. Purchases (P) are direct buys rather than sales or awards.
Key Details
- Transaction date: 2026-06-12; Form 4 filed: 2026-06-16 (filed within the typical two-business‑day window).
- Individual trades reported:
- 6,136 shares @ weighted avg $200.49 = $1,230,207 (footnote F1: trades ranged $199.80–$200.79)
- 3,864 shares @ weighted avg $201.11 = $777,089 (footnote F2: trades ranged $200.81–$201.64)
- Total acquired: 10,000 shares for ≈ $2,007,296.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Filing accession: 0001812746-26-000007; transaction reported as open‑market purchases (code P).
Context
- These were straightforward open‑market purchases (no option exercises, gifts, or awards). Purchases by insiders are often of interest to investors because they represent the insider deploying personal funds to buy stock; the filing itself does not state a motive.