Paul T. Demzik - Sep 28, 2023 Form 4 Insider Report for ARCH RESOURCES, INC. (ARCH)

Signature
/s/ Rosemary L. Klein, Attorney-in-Fact
Stock symbol
ARCH
Transactions as of
Sep 28, 2023
Transactions value $
-$759,325
Form type
4
Date filed
9/28/2023, 04:47 PM
Previous filing
Feb 28, 2023
Next filing
Oct 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARCH Common Stock Sale -$759K -4.34K -35.46% $175.00 7.9K Sep 28, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale of shares was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on December 7, 2022.