Ramaco Resources, Inc. — Director's Dealing 2026

Mar 2, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ramaco Resources, Inc. (METC)
CIK: 0001687187
Period of Report: 2026-02-26

Reporting Person: Atkins Randall Whittaker (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-02-26	Class A common stock	M	448712	$5.34	Acquired	1255422	Direct
2026-02-26	Class A common stock	F	271525	$14.93	Disposed	983897	Direct
2026-02-26	Class B common stock	M	89742	—	Acquired	270355	Direct
2026-02-26	Class B common stock	F	35313	$12.81	Disposed	235042	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2026-02-26	Employee Stock Option (right to buy)	$5.34	M	448712	Disposed	2026-08-31	Class A common stock (448712)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A common stock	2178702	Indirect
Class B common stock	544188	Indirect
Class A common stock	5000	Indirect
Class B common stock	1246	Indirect

Footnotes

F1: Shares surrendered upon exercise of employee stock options to satisfy tax obligations. The number of shares withheld was based on the closing price of the Issuer's Class A common stock on February 26, 2026.

F2: On June 21, 2023, Ramaco Resources, Inc. (the "Company") issued and distributed via dividend to holders of existing common stock (the "Distribution") 0.2 shares of Class B common stock, $0.01 par value (the "Class B common stock"), per share of existing common stock held by each holder as of the Record Date for the Distribution. The Reporting Person held an option for 448,712 shares of common stock on the record date for the Distribution and thus, in accordance with the Company's Long-Term Incentive Plan, such option became exercisable for 448,712 shares of Class A common stock and 89,742 shares of Class B common stock.

F3: Shares surrendered upon exercise of employee stock options to satisfy tax obligations. The number of shares surrendered was based on the closing price of the Issuer's Class B common stock on February 26, 2026.

F4: This holding is held by the Reporting Person's daughter, who shares Reporting Person's household. The reporting person disclaims beneficial ownership of the shares held by his daughter, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of his daughter's shares for purposes of Section 16 or for any other purpose.

F5: This option was previously reported as an option for 448,712 shares of common stock. As a result of the Distribution, the option entitled the Reporting Person to receive, upon exercise, 448,712 shares of Class A common stock and 89,742 shares of Class B common stock.