Yorktown Energy Partners Amends Holdings in Ramaco Resources via PIK Dividends and Open Market Sales
Yorktown Energy Partners IX, L.P., along with its affiliates Yorktown X and Yorktown XI, filed an amendment to their Schedule 13D for Ramaco Resources, Inc. (METC) on April 1, 2026. The filing details a series of transactions involving Class B Common Stock. Between December 2024 and March 2026, the Reporting Persons received significant shares through payment-in-kind (PIK) dividends. Specifically, Yorktown IX accumulated approximately 237,708 shares via these dividends over the period. Conversely, from March 24 to March 30, 2026, the Yorktown entities collectively sold 52,410 shares in open market transactions at weighted average prices ranging from $10.33 to $11.57 per share. Following these activities, Yorktown IX holds 1,233,952 shares (11.06%), Yorktown X holds 826,611 shares (7.41%), and Yorktown XI holds 1,250,613 shares (11.21%). The entities share voting and dispositive power through their respective general partners and management structures, though they disclaim beneficial ownership beyond their pecuniary interests.