Business Context and Reporting Period
This Form 8-K is a current report filed by Ramaco Resources, Inc. on March 20, 2026. The filing discloses a material legal event involving the Company and its subsidiary, Ramaco Carbon, LLC.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a legal contingency and does not contain financial performance data.
Material Changes and Legal Contingency
On March 16, 2026, the Company filed a complaint in the United States District Court for the District of Wyoming (Case No. 1:26-cv-104) against former employee Alex J. Moyes. The allegations include:
- Misappropriation of Trade Secrets under the Defend Trade Secrets Act (18 U.S.C. §1832).
- Misappropriation of Trade Secrets under the Wyoming Uniform Trade Secrets Act.
- Breach of Contract regarding the Defendant's non-disclosure agreement.
- Breach of Contract regarding the Defendant's employment offer letter.
The Company is seeking preliminary and permanent injunctive relief, compensatory damages, exemplary and/or punitive damages, and attorneys' fees and costs.
Guidance, Outlook, and Risks
The filing does not provide updated financial guidance or management commentary on future operations. The primary risk disclosed is the outcome of the pending litigation, which could result in financial liability or the need for injunctive measures to protect trade secrets.
Investor Verification Checklist
- Verify the status of litigation case 1:26-cv-104 in the U.S. District Court for the District of Wyoming.
- Assess the potential financial impact of compensatory and punitive damages sought against the former employee.
- Review the Company's internal controls regarding trade secret protection following this incident.
- Monitor for any subsequent filings regarding the resolution of the lawsuit or settlement terms.