Ramaco Resources CEO Exercises Options for 177,187 Class A and 54,429 Class B Shares
Ramaco Resources CEO Randall W. Atkins exercised long-held stock options on February 26, acquiring 177,187 Class A and 54,429 Class B shares after tax provisions. These options, granted in the 2017 IPO, were converted into common stock as Atkins cites the shares trading below intrinsic value.
1. Option Exercise Details
On February 26, 2026, Chairman and CEO Randall W. Atkins exercised options from the 2017 IPO, acquiring 177,187 Class A and 54,429 Class B shares after tax provisions. This exercise converted long-held options into common stock.
2. CEO’s Rationale
Atkins stated he initiated the conversion after holding the options for over nine years and views the shares as undervalued at current market levels. The move underscores his confidence in the company’s long-term growth prospects.
3. Company Overview
Ramaco Resources operates four active metallurgical coal complexes in Central Appalachia and is developing a coal and rare earth elements project near Sheridan, Wyoming. The company holds over 70 patents and pending applications related to coal-derived carbon products and advanced materials.