Ramaco Resources, Inc. — Director's Dealing 2025

Aug 12, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ramaco Resources, Inc. (METC)
CIK: 0001687187
Period of Report: 2025-08-08

Reporting Person: LEIDEL PETER A (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-08-08	Class A Common Stock, par value $0.01 per share	S	527910	$18.75	Disposed	3097134	Indirect
2025-08-08	Class A Common Stock, par value $0.01 per share	S	426627	$18.75	Disposed	2502930	Indirect
2025-08-08	Class A Common Stock, par value $0.01 per share	S	645463	$18.75	Disposed	3786797	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock, par value $0.01 per share	85474	Direct

Footnotes

F1: 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.

F2: On August 8, 2025, Yorktown Energy Partners IX L.P. ("Yorktown IX"), Yorktown Energy Partners X L.P. ("Yorktown X"), and Yorktown Energy Partners XI L.P. ("Yorktown XI") sold shares of Class A Common Stock at a price of $18.75, before underwriting discounts and commissions, in connection with the exercise in full of the overallotment option granted by Yorktown IX, Yorktown X, and Yorktown XI, to the underwriters pursuant to the underwriting agreement for a registered underwritten secondary offering by the Issuer. The reported price is the price to the public in the secondary offering before underwriting discounts and commissions.

F3: These securities are owned directly by Yorktown IX. The reporting person is a member and manager of Yorktown IX Associates LLC, the general partner of Yorktown IX Company LP, the General Partner of Yorktown IX.

F4: These securities are owned directly by Yorktown X. The reporting person is a member and manager of Yorktown X Associates LLC, the general partner of Yorktown X Company LP, the General Partner of Yorktown X.

F5: These securities are owned directly by Yorktown XI. The reporting person is a member and manager of Yorktown XI Associates LLC, the general partner of Yorktown XI Company LP, the General Partner of Yorktown XI.

F6: A mathematical error was made on the Form 4 filed on March 27, 2025 that misstated the ending balance of the Class A Common Stock held by Yorktown IX. The reported number of 3,662,881 should have been reported as 3,625,044 to account for the properly reported sale on March 27, 2025 of 37,837 shares.