METC insider ownership: who sold, why, and what they still hold

What stands out

Outside holders and shareholders represented on the board, not part of management, sold heavily: Bryan Lawrence ($28.7M) and Peter Leidel ($28.7M).Bryan Lawrence: largest sale, Mar 19, 2026 · Peter Leidel: largest sale, Mar 19, 2026

Tax withholding outweighed market sales: the company withheld $16.8M of officers' and directors' shares for taxes, against $0 sold on the open market. The largest was Randall Atkins ($8.4M withheld).Largest withholding, Feb 26, 2026

No officer or director sold shares in this period. 19 are left out

Left out: Randall Atkins, Christopher Blanchard, Jeremy Sussman, Jason Fannin, John Marcum, Richard Whiting, Bryan Lawrence, Charles Christian III, Peter Leidel, Estill Jones Jr., David Frischkorn, Paul Horn Jr., Aurelia Giacometto, Jonathan Adkins, Evan Jenkins, James Kreutzer, Joseph Manchin III, Howard Keenan Jr. and Michael Graney (share of stake is being verified).

Disclosed company stock is not an insider's whole wealth.

Recent activity

Past 30 days, Sep 14, 2026 to Oct 13, 2026

No officer or director trades were reported for the past 30 days. The most recent before that:

Aug 27, 2026Randall Atkins gave away 500K shares as a gift.

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
Randall Atkins Chief Executive Officer, Director	500,000	n/a	n/a	n/a	Aug 27, 2026	Aug 31, 2026

Outside holders, reported separately

DISCOVERY CAPITAL MANAGEMENT, LLC / CT sold $7.7M, Yorktown IX Associates LLC sold $215K and Yorktown XI Associates LLC sold $218K, plus 3 more in the past 12 months. Large shareholders and the funds or companies that board members represent are not part of management, so they are left out of the figures above.

Details

Common questions

Is the Ramaco Resources, Inc. CEO selling stock?

No. Randall Atkins reported no open-market sales in the past 12 months.

Are any Ramaco Resources, Inc. insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

The evidence

Who sold0 officers and directors: amount, % of holdings, trading plan

Who sold	Amount	% of holdings	Trading plan

Board members representing outside shareholders, reported separately: Bryan Lawrence (the shareholder sold $28.7M), Peter Leidel (the shareholder sold $28.7M), Howard Keenan Jr. (the shareholder sold $433K). Details

Outside holder, reported separately: DISCOVERY CAPITAL MANAGEMENT, LLC / CT (a 10% owner, not part of management). Sold $7.7M (700K shares) from May 1, 2026 to Aug 6, 2026. Latest filing

Outside holder, reported separately: Yorktown IX Associates LLC (a 10% owner, not part of management). Sold $215K (20K shares) from Mar 24, 2026 to Mar 30, 2026. Latest filing

Outside holder, reported separately: Yorktown XI Associates LLC (a 10% owner, not part of management). Sold $218K (20K shares) from Mar 24, 2026 to Mar 30, 2026. Latest filing

The full ownership picture0 of 19 officers and directors confirmed

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

Insider	Held Oct 13, 2025	Sold	Held Oct 13, 2026	Still held
Randall Atkins ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. See the filing Sales and other transactions for Randall Atkins are complete. Chief Executive Officer, Director	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Randall Atkins Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Randall Atkins are complete; balances and unit counts will be added when the check is finished. −500Kgifted (net of own trusts) −512Kwithheld by the company for taxes
Christopher Blanchard ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Christopher Blanchard are complete. EVP Mine Planning & Developmen	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Christopher Blanchard Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Christopher Blanchard are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts) −98Kwithheld by the company for taxes
Jeremy Sussman ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Jeremy Sussman are complete. Chief Financial Officer	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Jeremy Sussman Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Jeremy Sussman are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts) −95Kwithheld by the company for taxes
Jason Fannin ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Jason Fannin are complete. Chief Commercial Officer	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Jason Fannin Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Jason Fannin are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts) −86Kwithheld by the company for taxes
John Marcum ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for John Marcum are complete. EVP for Production	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for John Marcum Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for John Marcum are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts) −78Kwithheld by the company for taxes
Richard Whiting ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Richard Whiting are complete. Director	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Richard Whiting Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Richard Whiting are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)
Bryan Lawrence ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Bryan Lawrence are complete. Director	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Bryan Lawrence Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Bryan Lawrence are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)
Charles Christian III ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Charles Christian III are complete. Director	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Charles Christian III Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Charles Christian III are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)
Peter Leidel ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Peter Leidel are complete. Director	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Peter Leidel Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Peter Leidel are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)
Estill Jones Jr. ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Estill Jones Jr. are complete. General Counsel	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Estill Jones Jr. Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Estill Jones Jr. are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts) −4.3Kwithheld by the company for taxes
David Frischkorn ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for David Frischkorn are complete. Director	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for David Frischkorn Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for David Frischkorn are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)
Paul Horn Jr. ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Paul Horn Jr. are complete. EVP Mine Operations	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Paul Horn Jr. Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Paul Horn Jr. are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts) −46Kwithheld by the company for taxes
Aurelia Giacometto ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Aurelia Giacometto are complete. Director	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Aurelia Giacometto Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Aurelia Giacometto are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)
Jonathan Adkins ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Jonathan Adkins are complete. General Counsel	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Jonathan Adkins Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Jonathan Adkins are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)
Evan Jenkins ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Evan Jenkins are complete. Director and Secretary, Director	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Evan Jenkins Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Evan Jenkins are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts) −3Kwithheld by the company for taxes
James Kreutzer ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for James Kreutzer are complete. EVP Western Operations	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for James Kreutzer Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for James Kreutzer are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts) −39Kwithheld by the company for taxes
Joseph Manchin III ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Joseph Manchin III are complete. Director	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Joseph Manchin III Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Joseph Manchin III are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)
Howard Keenan Jr. ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Howard Keenan Jr. are complete. Director	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Howard Keenan Jr. Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Howard Keenan Jr. are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)
Michael Graney ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Michael Graney are complete. Director	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Michael Graney Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Michael Graney are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)

Holdings and share of stake for Ramaco Resources, Inc. are being verified, so no balances, unit counts or percentages are shown. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings.

Board members representing outside shareholders (3)Listed and sourced; not part of the management totals or the answer line

Directors whose reported holdings sit mostly in an investment fund or a corporate shareholder they represent, not in their own name, with beneficial ownership disclaimed except for their own financial interest. Listed and sourced here; not part of the management totals or the answer line. Shares a fund hands to its own investors are distributions, not sales.

Board member	Held Oct 13, 2025	Sold	Held Oct 13, 2026	Still held
Bryan Lawrence ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. See the filing Sales and other transactions for Bryan Lawrence are complete. Director	n/a	−2.05M	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Bryan Lawrence Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Bryan Lawrence are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts) Some sales match sales reported by Peter Leidel exactly (date, shares and price). Possibly the same shares reported by both; the filings don't confirm it.
Peter Leidel ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. See the filing Sales and other transactions for Peter Leidel are complete. Director	n/a	−2.05M	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Peter Leidel Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Peter Leidel are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts) Some sales match sales reported by Bryan Lawrence exactly (date, shares and price). Possibly the same shares reported by both; the filings don't confirm it.
Howard Keenan Jr. ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Howard Keenan Jr. are complete. Director	n/a	−39K	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Howard Keenan Jr. Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Howard Keenan Jr. are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)

Bryan Lawrence: 3.00M shares were distributed in kind to the fund's own investors. These are distributions, not sales.

Peter Leidel: 3.00M shares were distributed in kind to the fund's own investors. These are distributions, not sales.

Is this normal? Selling year by year5 earlier years to compare with

Less than usual: no sales, against a 5-year average of 18K shares a year. 0 insiders sold; the average is 1 a year.

12 months ending	Shares sold	Insiders who sold	Proceeds
Oct 13, 2026 Latest 12 months	0	0	$0
Oct 13, 2025 1 year earlier	0	0	$0
Oct 13, 2024 2 years earlier	15K	1	$251K
Oct 14, 2023 3 years earlier	5.6K	2	$47K
Oct 14, 2022 4 years earlier	68K	2	$998K
Oct 14, 2021 5 years earlier	0	0	$0

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty19 officers and directors not confirmed

Holdings and share of stake are being verified. Balances, unit counts and every share-of-stake figure for Ramaco Resources, Inc. are held back until that check is finished. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings and are complete.

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology413 filings on record, 52 filed in the 12-month period, and how we read them

All 413 Forms 3, 4 and 5 on record for Ramaco Resources, Inc. (SEC CIK 1687187), filed from Feb 2, 2017 to Sep 3, 2026; 52 of them were filed in the 12 months this page covers, retrieved from SEC EDGAR on Oct 13, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (14)No filing in 18 months; last reported balances, not in any total

Name	Last filed	Last reported balance
Patrick Graney III	Feb 25, 2025	302,899 shares, last reported balance as of Feb 24, 2025
Barkley Sturgill	Feb 2, 2024	181,586 shares, last reported balance as of Jan 31, 2024
ENERGY CAPITAL PARTNERS MEZZANINE, LLC	Mar 24, 2022	5,745,111 shares, last reported balance as of Mar 22, 2022
Bruce Cryder	Feb 17, 2021	144,266 shares, last reported balance as of Feb 16, 2021
Michael Bauersachs	Jul 2, 2020	4,663,887 shares, last reported balance as of Jun 30, 2020
Michael Windisch	Mar 18, 2019	76,888 shares, last reported balance as of Jan 29, 2019
Marc Solochek	Feb 2, 2018	60,483 shares, last reported balance as of Jan 31, 2018
Mark Clemens	Feb 2, 2018	154,509 shares, last reported balance as of Jan 31, 2018
ECP ControlCo, LLC	Jun 1, 2017	4,901,387 shares, last reported balance as of Apr 27, 2017
Yorktown X Associates LLC	Feb 10, 2017	3,692,881 shares, last reported balance as of Feb 8, 2017
Trent Kososki		No balance on record
Tyler Reeder		No balance on record
Mahmud Riffat		No balance on record
Jennifer Gray		No balance on record

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