Sec Form 4 Filing - LEIDEL PETER A @ Ramaco Resources, Inc.

Insider filing report for Changes in Beneficial Ownership

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FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person

LEIDEL PETER A

2. Issuer Name and Ticker or Trading Symbol
Ramaco Resources, Inc. [ METC]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X __ Director	_____ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

(Last)

(First)

(Middle)

410 PARK AVENUE, 20TH FLOOR

3. Date of Earliest Transaction (MM/DD/YY)
03/05/2026

(Street)

NEW YORK, NY10022

4. If Amendment, Date Original Filed (MM/DD/YY)

6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

**Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned**
1.Title of Security (Instr. 3)	2. Transaction Date (MM/DD/YY)	2A. Deemed Execution Date, if any (MM/DD/YY)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (MM/DD/YY)	2A. Deemed Execution Date, if any (MM/DD/YY)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock, par value $0.01 per share	03/05/2026		S		6,637 ^{( 1 )}	D	$ 15.1791 ^{( 2 )}	3,090,497 ^{( 1 )}	I	See Footnote ^{( 11 )}
Class A Common Stock, par value $0.01 per share	03/05/2026		S		5,363 ^{( 1 )}	D	$ 15.1791 ^{( 2 )}	2,497,567 ^{( 1 )}	I	See Footnote ^{( 12 )}
Class A Common Stock, par value $0.01 per share	03/05/2026		S		8,115 ^{( 1 )}	D	$ 15.1791 ^{( 2 )}	3,778,682 ^{( 1 )}	I	See Footnote ^{( 13 )}
Class A Common Stock, par value $0.01 per share	03/17/2026		S		65,989 ^{( 1 )}	D	$ 14.2172 ^{( 3 )}	3,024,508 ^{( 1 )}	I	See Footnote ^{( 11 )}
Class A Common Stock, par value $0.01 per share	03/17/2026		S		53,328 ^{( 1 )}	D	$ 14.2172 ^{( 3 )}	2,444,239 ^{( 1 )}	I	See Footnote ^{( 12 )}
Class A Common Stock, par value $0.01 per share	03/17/2026		S		80,683 ^{( 1 )}	D	$ 14.2172 ^{( 3 )}	3,697,999 ^{( 1 )}	I	See Footnote ^{( 13 )}
Class A Common Stock, par value $0.01 per share	03/18/2026		S		65,989 ^{( 1 )}	D	$ 13.7665 ^{( 4 )}	2,958,519 ^{( 1 )}	I	See Footnote ^{( 11 )}
Class A Common Stock, par value $0.01 per share	03/18/2026		S		53,328 ^{( 1 )}	D	$ 13.7665 ^{( 4 )}	2,390,911 ^{( 1 )}	I	See Footnote ^{( 12 )}
Class A Common Stock, par value $0.01 per share	03/18/2026		S		80,683 ^{( 1 )}	D	$ 13.7665 ^{( 4 )}	3,617,316 ^{( 1 )}	I	See Footnote ^{( 13 )}
Class A Common Stock, par value $0.01 per share	03/19/2026		S		131,977 ^{( 1 )}	D	$ 14.4059 ^{( 5 )}	2,826,542 ^{( 1 )}	I	See Footnote ^{( 11 )}
Class A Common Stock, par value $0.01 per share	03/19/2026		S		106,657 ^{( 1 )}	D	$ 14.4059 ^{( 5 )}	2,284,254 ^{( 1 )}	I	See Footnote ^{( 12 )}
Class A Common Stock, par value $0.01 per share	03/19/2026		S		161,366 ^{( 1 )}	D	$ 14.4059 ^{( 5 )}	3,455,950 ^{( 1 )}	I	See Footnote ^{( 13 )}
Class A Common Stock, par value $0.01 per share	03/20/2026		S		65,989 ^{( 1 )}	D	$ 13.4811 ^{( 6 )}	2,760,553 ^{( 1 )}	I	See Footnote ^{( 11 )}
Class A Common Stock, par value $0.01 per share	03/20/2026		S		53,328 ^{( 1 )}	D	$ 13.4811 ^{( 6 )}	2,230,926 ^{( 1 )}	I	See Footnote ^{( 12 )}
Class A Common Stock, par value $0.01 per share	03/20/2026		S		80,683 ^{( 1 )}	D	$ 13.4811 ^{( 6 )}	3,375,267 ^{( 1 )}	I	See Footnote ^{( 13 )}
Class A Common Stock, par value $0.01 per share	03/23/2026		S		65,989 ^{( 1 )}	D	$ 13.5327 ^{( 7 )}	2,694,564 ^{( 1 )}	I	See Footnote ^{( 11 )}
Class A Common Stock, par value $0.01 per share	03/23/2026		S		53,328 ^{( 1 )}	D	$ 13.5327 ^{( 7 )}	2,177,598 ^{( 1 )}	I	See Footnote ^{( 12 )}
Class A Common Stock, par value $0.01 per share	03/23/2026		S		80,683 ^{( 1 )}	D	$ 13.5327 ^{( 7 )}	324,584 ^{( 1 )}	I	See Footnote ^{( 13 )}
Class A Common Stock, par value $0.01 per share	03/24/2026		S		65,989 ^{( 1 )}	D	$ 14.0004 ^{( 8 )}	2,628,575 ^{( 1 )}	I	See Footnote ^{( 11 )}
Class A Common Stock, par value $0.01 per share	03/24/2026		S		53,328 ^{( 1 )}	D	$ 14.0004 ^{( 8 )}	2,124,270 ^{( 1 )}	I	See Footnote ^{( 12 )}
Class A Common Stock, par value $0.01 per share	03/24/2026		S		80,683 ^{( 1 )}	D	$ 14.0004 ^{( 8 )}	3,213,901 ^{( 1 )}	I	See Footnote ^{( 13 )}
Class A Common Stock, par value $0.01 per share	03/25/2026		S		65,989 ^{( 1 )}	D	$ 14.0605 ^{( 9 )}	2,562,586 ^{( 1 )}	I	See Footnote ^{( 11 )}
Class A Common Stock, par value $0.01 per share	03/25/2026		S		53,328 ^{( 1 )}	D	$ 14.0605 ^{( 9 )}	2,070,942 ^{( 1 )}	I	See Footnote ^{( 12 )}
Class A Common Stock, par value $0.01 per share	03/25/2026		S		80,683 ^{( 1 )}	D	$ 14.0605 ^{( 9 )}	3,133,218 ^{( 1 )}	I	See Footnote ^{( 13 )}
Class A Common Stock, par value $0.01 per share	03/26/2026		S		65,989 ^{( 1 )}	D	$ 13.6721 ^{( 10 )}	2,496,597 ^{( 1 )}	I	See Footnote ^{( 11 )}
Class A Common Stock, par value $0.01 per share	03/26/2026		S		53,328 ^{( 1 )}	D	$ 13.6721 ^{( 10 )}	2,017,614 ^{( 1 )}	I	See Footnote ^{( 12 )}
Class A Common Stock, par value $0.01 per share	03/26/2026		S		80,683 ^{( 1 )}	D	$ 13.6721 ^{( 10 )}	3,052,535 ^{( 1 )}	I	See Footnote ^{( 13 )}
Class A Common Stock, par value $0.01 per share								85,474	D

**Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned**
( *e.g.* , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (MM/DD/YY)	3A. Deemed Execution Date, if any (MM/DD/YY)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)		6. Date Exercisable and Expiration Date (MM/DD/YY)		7. Title and Amount of Underlying Securities (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

**Reporting Owners**
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
LEIDEL PETER A 410 PARK AVENUE 20TH FLOOR NEW YORK, NY10022	X

**Signatures**
/s/ Peter A. Leidel		06/10/2026
Signature of Reporting Person		Date

Explanation of Responses:

( 1 )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.
( 2 ) The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.00 to $15.60, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points. The reporting person undertakes to Ramaco Resources, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes (2), (3), (4), (5), (6), (7), (8), (9), (10) and (11).
( 3 )The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.905 to $14.4225, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points.
( 4 )The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.585 to $14.10, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points.
( 5 )The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.7075 to $15.077, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points.
( 6 )The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.10 to $14.0977, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points.
( 7 )The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.20 to $13.85, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points.
( 8 )The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.31 to $14.5711, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points.
( 9 )The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.80 to $14.35, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points.
( 10 )The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.335 to $14.04, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points.
( 11 )These securities are owned directly by Yorktown Energy Partners IX, L.P. ("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.
( 12 )These securities are owned directly by Yorktown Energy Partners X, L.P. ("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.
( 13 )These securities are owned directly by Yorktown Energy Partners XI, L.P. ("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.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Sec Form 4 Filing - LEIDEL PETER A @ Ramaco Resources, Inc. - 2026-03-05