Ramaco Resources, Inc. — Director's Dealing 2025

Feb 3, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ramaco Resources, Inc. (METC)
CIK: 0001687187
Period of Report: 2025-01-31

Reporting Person: Jenkins Evan H (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-01-31	Class A common stock	F	1632	$9.64	Disposed	21847.782	Direct
2024-12-16	Class B common stock	A	323	—	Acquired	323	Direct

Footnotes

F1: On February 12, 2024, the Reporting Person received a restricted stock grant of 14,552 shares (the "February Grant") under the Ramaco Resources, Inc.'s (the "Company") 2017 Long Term Incentive Plan. The first of three installments under the February Grant vested on January 31, 2025.

F2: Shares surrendered upon vesting of the first installment of the February Grant to satisfy tax obligations. The number of shares surrendered was based on the closing price of the Company's Class A common stock on January 30, 2025.

F3: On November 20, 2024, the Issuer declared stock dividends of $0.1375 per share of Class A common stock, payable in shares of the Company's Class B common stock on December 16, 2024 (the "December Dividend"), to shareholders of record as of the close of Nasdaq on December 2, 2024, with the amount of Class B shares to be issued per share for the Company's Class A common stock determined by dividing the dividend amount by the closing transaction price of the Class B common stock at the close of the market on the record date ($9.96). As a result, the reporting person received 323 shares of Company's Class B common stock.