Chainey Kimberly 4
Research Summary
AI-generated summary
Warrior Met (HCC) Director Kimberly Chainey Receives 2,534 Shares
What Happened
- Kimberly Chainey, a director of Warrior Met Coal, had 2,534 restricted stock units vest and convert into 2,534 common shares on April 23, 2026. The Form 4 shows an "exercise/conversion of derivative" (code M) acquiring 2,534 shares at $0.00 and a matching derivative disposition of 2,534 shares at $0.00. The reported transaction shows no cash proceeds.
Key Details
- Transaction date: 2026-04-23; Form 4 filed: 2026-04-27 (timely filed).
- Shares involved: 2,534 acquired via conversion; same 2,534 reported as a derivative disposition (both at $0.00).
- Transaction code: M = exercise or conversion of a derivative (here, settlement of RSUs).
- Footnotes: F1 = RSUs vest and settle 1:1 into common stock. F2 = RSUs granted under the 2017 Equity Incentive Plan that vested on the first anniversary of 4/23/2025 (i.e., 4/23/2026). F3 relates to a 2026 plan grant that vests on the first anniversary of 4/20/2026 (i.e., 4/20/2027).
- Shares owned after the transaction: not disclosed in the provided excerpt.
Context
- This filing reflects routine equity award vesting/settlement rather than an open-market buy or sale by the director. The matching "disposed" entry at $0.00 on the Form 4 indicates settlement/transfer related to the conversion (e.g., internal settlement or transfer), not a cash sale shown in the filing. Purchases or sales by insiders can signal sentiment; vesting/settlement events are generally routine compensation-related transactions.