Business Context and Reporting Period
Ramaco Resources, Inc. (Ramaco) filed a Form 8-K Current Report on June 10, 2026, to disclose the results of its Annual Meeting of Shareholders held on the same date. The record date for the meeting was April 20, 2026, with 65,677,144 shares of common stock outstanding (54,307,004 Class A and 11,370,140 Class B). A quorum was established with 51,390,554 shares present, representing approximately 78.24% of outstanding shares.
Key Financial Metrics
This filing is a corporate governance report and does not contain financial performance data. The text does not provide values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
The filing reports the successful approval of four shareholder proposals:
- Director Elections: All three nominees (Bryan H. Lawrence, David E.K. Frischkorn, Jr., and Michael R. Graney) were elected. Michael R. Graney received the highest support with 38,844,304 votes for, while Bryan H. Lawrence and David E.K. Frischkorn, Jr. received 34,240,156 and 33,142,435 votes for, respectively.
- Independent Auditor Ratification: Shareholders ratified the appointment of Grant Thornton LLP as the independent registered public accounting firm for the year ending December 31, 2026, with 51,176,895 votes for.
- LTIP Amendment: Shareholders approved an amendment to the Long-Term Incentive Program to increase the share reserve by 4,000,000 shares of Class A common stock. This proposal received 33,603,634 votes for.
- Executive Compensation: Shareholders approved, on an advisory basis, the compensation paid to named executive officers, with 35,914,373 votes for.
Guidance, Outlook, and Risks
The filing does not contain management commentary, financial guidance, outlook, or specific risk factors. It references a Definitive Proxy Statement filed on April 27, 2026, for greater detail on the proposals.
Investor Verification Checklist
- Verify the specific terms of the Long-Term Incentive Plan amendment (Exhibit 10.1) to understand the impact of the additional 4,000,000 shares on dilution.
- Review the Definitive Proxy Statement filed on April 27, 2026, for detailed biographies of the elected directors and the rationale behind the executive compensation advisory vote.
- Confirm the voting breakdown for director nominees, noting that while all were elected, there were significant "Votes Withheld" (approx. 4.8M to 5.9M) for two of the three nominees.
- Check subsequent filings for the official appointment of Grant Thornton LLP for the 2026 fiscal year.