John Cecil Marcum - 30 Jan 2026 Form 4 Insider Report for Ramaco Resources, Inc. (METC)

Role
EVP for Production
Signature
/s/ Jonathan T Adkins, Attorney in Fact
Issuer symbol
METC
Transactions as of
30 Jan 2026
Net transactions value
-$1,470,040
Form type
4
Filing time
02 Feb 2026, 16:10:18 UTC
Previous filing
25 Feb 2025
Next filing
24 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Marcum John Cecil EVP for Production PO BOX 146, SIDNEY /s/ Jonathan T Adkins, Attorney in Fact 02 Feb 2026 0001785124

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction METC Class A common stock Options Exercise $0 +109,740 +79% $0.000000 248,891 30 Jan 2026 Direct F1, F8
transaction METC Class A common stock Tax liability $938,989 -47,020 -19% $19.97 201,871 30 Jan 2026 Direct F2
transaction METC Class A common stock Options Exercise $0 +43,346 +21% $0.000000 245,217 30 Jan 2026 Direct F3, F4, F5
transaction METC Class A common stock Tax liability $370,903 -18,573 -7.6% $19.97 226,644 30 Jan 2026 Direct F2
transaction METC Class B common stock Options Exercise $0 +21,948 +65% $0.000000 55,721 30 Jan 2026 Direct F1, F6, F10
transaction METC Class B common stock Tax liability $116,892 -9,404 -17% $12.43 46,317 30 Jan 2026 Direct F15
transaction METC Class B common stock Options Exercise $0 +3,658 +7.9% $0.000000 49,975 30 Jan 2026 Direct F3
transaction METC Class B common stock Tax liability $19,478 -1,567 -3.1% $12.43 48,408 30 Jan 2026 Direct F15
transaction METC Class B common stock Options Exercise $0 +4,465 +9.2% $0.000000 52,873 30 Jan 2026 Direct F13
transaction METC Class B common stock Tax liability $23,779 -1,913 -3.6% $12.43 50,960 30 Jan 2026 Direct F15

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction METC Performance Stock Units Options Exercise $0 -54,870 -100% $0.000000 0 30 Jan 2026 Class A common stock 54,870 Direct F1, F7
transaction METC Performance Stock Units Award $0 +54,870 $0.000000 54,870 30 Jan 2026 Class A common stock 54,870 Direct F1, F7, F8
transaction METC Performance Stock Units Options Exercise $0 -54,870 -100% $0.000000 0 30 Jan 2026 Class A common stock 54,870 Direct F1, F7, F8
transaction METC Performance Stock Units Options Exercise $0 -10,974 -100% $0.000000 0 30 Jan 2026 Class B common stock 10,974 Direct F1, F9
transaction METC Performance Stock Units Award $0 +10,974 $0.000000 10,974 30 Jan 2026 Class B common stock 10,974 Direct F1, F9, F10
transaction METC Performance Stock Units Options Exercise $0 -10,974 -100% $0.000000 0 30 Jan 2026 Class B common stock 10,974 Direct F1, F9, F10
transaction METC Restricted Stock Units Options Exercise $0 -18,290 -100% $0.000000 0 30 Jan 2026 Class A common stock 18,290 Direct F3, F11
transaction METC Restricted Stock Units Options Exercise $0 -9,216 -50% $0.000000 9,216 30 Jan 2026 Class A common stock 9,216 Direct F4, F11
transaction METC Restricted Stock Units Options Exercise $0 -15,840 -33% $0.000000 31,678 30 Jan 2026 Class A common stock 15,840 Direct F5, F11
transaction METC Restricted Stock Units Options Exercise $0 -3,658 -100% $0.000000 0 30 Jan 2026 Class B common stock 3,658 Direct F3, F12
transaction METC Dividend Equivalent Units Options Exercise $0 -4,465 -100% $0.000000 0 30 Jan 2026 Class B common stock 4,465 Direct F13, F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The performance stock units granted on February 20, 2023 under the Ramaco Resources, Inc.'s (the "Company") Long Term Incentive Plan vested on January 30, 2026 upon certification of performance by the Company's Compensation Committee of the Board of Directors (the "Committee"). The Committee certified the achievement of pre-established performance targets at 200% for the performance period beginning on January 1, 2023 and ending on December 31, 2025. As a result of the Committee Certification, the vesting of additional performance stock units for 54,870 shares of Class A and 10,974 shares of Class B stock was approved.
F2 Shares surrendered upon vesting to satisfy tax obligations. The number of shares surrendered was based on the closing price of the Issuer's Class A common stock on January 29, 2026.
F3 The third and final installment of restricted stock units granted on February 20, 2023 under the Company's Long Term Incentive Plan vested on January 30, 2026.
F4 The second installment of restricted stock granted on February 29, 2024 under the Company's Long Term Incentive Plan vested on January 30, 2026. One annual installment remains from this grant.
F5 The first installment of restricted stock units granted on February 24, 2025 under the Company's Long Term Incentive Plan vested on January 30, 2026. Two annual installments remain from this grant.
F6 As a result of the four common stock dividends paid in Class B common stock 1) declared on December 5, 2024 and paid on March 14, 2025, 2) declared on March 17, 2025 and paid on June 13, 2025, 3) declared on August 22, 2025 and paid on September 19, 2025, and 4) declared on November 14, 2025 and paid on December 5, 2025 the reporting person received a total of 4,318 shares of Class B common Stock, which are included in the reported amount.
F7 Each performance stock unit represents a contingent right to receive one share of Class A common stock.
F8 Amount includes 54,870 Performance Stock Units for Class A common stock that vested because more than 100% of the pre-established performance targets were achieved during the performance period. See Footnote 1.
F9 Each performance stock unit represents a contingent right to receive one share of Class B common stock.
F10 Amount includes 10,974 Performance Stock Units for Class B common stock that vested because more than 100% of the pre-established performance targets were achieved during the performance period. Please see Footnote 1.
F11 Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
F12 Each restricted stock unit represents a contingent right to receive one share of Class B common stock.
F13 Dividend equivalent units underlying the three tranches of restricted stock units and the tranche of performance stock units listed above with respect to Class A common stock and with respect to Class B common stock. See footnotes 1, 3, 4 and 5 for further detail.
F14 See Footnote 6 for further detail regarding the stock dividends.
F15 Shares surrendered upon vesting to satisfy tax obligations. The number of shares surrendered was based on the closing price of the Issuer's Class B common stock on January 29, 2026.