Yorktown trims Ramaco Resources (METC) stake with small share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Yorktown Energy Partners IX, L.P., a 10% owner of Ramaco Resources, Inc., reported open-market sales of a total of 9,207 shares of Class B common stock over three days. The shares were sold at weighted-average prices of $11.5756, $11.2376, and $10.7833 per share, each reflecting multiple trades within stated price ranges.
After these sales, Yorktown holds 1,226,642 shares of Class B common stock directly. The reporting person notes it disclaims beneficial ownership beyond its pecuniary interest, and the current holdings reflect shares previously received as payment-in-kind dividends on preferred stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,207 shares ($103,411)
Net Sell
3 txns
Insider
Yorktown Energy Partners IX, L.P.
Role
10% Owner
Sold
9,207 shs ($103K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class B Common Stock, par value $0.01 per share | 2,364 | $10.7833 | $25K |
| Sale | Class B Common Stock, par value $0.01 per share | 3,823 | $11.2376 | $43K |
| Sale | Class B Common Stock, par value $0.01 per share | 3,020 | $11.5756 | $35K |
Holdings After Transaction:
Class B Common Stock, par value $0.01 per share — 1,226,642 shares (Direct)
Footnotes (1)
- The reporting person disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for Section 16 or any other purpose. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.20 to $11.91, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points The reporting person undertakes to Ramaco Resources, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes (2), (3),and (4). The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.00 to $11.92, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.50 to $11.325, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points. Reflects 220,074 shares of common stock received by the reporting person as payment-in-kind dividends on Series A Preferred Stock and Series B Preferred Stock exempt from reporting under Rule 16a-9(a).
FAQ
What insider activity did Yorktown report for Ramaco Resources (METC)?
Yorktown Energy Partners IX, L.P. reported selling 9,207 shares of Ramaco Resources Class B common stock in open-market transactions. These sales occurred over three days and were executed at weighted-average prices between about $10.78 and $11.58 per share.