Alpha Metallurgical (AMR) Director Kenneth Courtis Buys 15,000 Shares

What Happened

• Kenneth S. Courtis, a director of Alpha Metallurgical Resources, made three open-market purchases (reported as Code P) on 2026-08-21 totaling 15,000 shares for about $3,157,630. The transactions were:
  • 3,241 shares at a weighted average price of $209.03 — $677,466
  • 1,824 shares at a weighted average price of $209.97 — $382,985
  • 9,935 shares at a weighted average price of $211.09 — $2,097,179
• These were purchases (insider buying), which many investors view as a more informative/bullish signal than routine sales, though it does not prove future performance.

Key Details

• Transaction date: August 21, 2026; Form 4 filed August 24, 2026.
• Reported weighted-average prices and ranges:
  • First tranche: $209.03 (purchases ranged $208.48–$209.47) — Footnote F1
  • Second tranche: $209.97 (purchases ranged $209.51–$210.42) — Footnote F2
  • Third tranche: $211.09 (purchases ranged $210.68–$211.58) — Footnote F3
• Shares owned after the transaction: not provided in the excerpt supplied.
• No 10b5-1 plan, tax-withholding, or other special filing notes are indicated in the provided footnotes—only price-range details.
• Filing: Report lists the transaction date (8/21/2026) and was submitted on 8/24/2026.

Context

• These were straightforward open-market purchases by a company director totaling roughly $3.16 million. Insider buys can indicate confidence but should be considered alongside other fundamentals and market factors. This Form 4 reports purchases (P); there’s no indication here of option exercises, gifts, or immediate resale.