AGM/EGMJun 10, 2026, 04:23 PM
Ramaco Resources Shareholders Approve LTIP Amendment, Elect Directors
AI Summary
Ramaco Resources, Inc. held its Annual Meeting of Shareholders on June 10, 2026, with a quorum of 78.24% of outstanding shares. Shareholders approved all four proposals, including the election of three director nominees and the ratification of Grant Thornton LLP as the independent auditor for 2026. Additionally, shareholders approved an amendment to the Company's Long-Term Incentive Program, increasing the number of shares subject to the plan by 4,000,000, and also approved, on an advisory basis, the compensation paid to named executive officers.
Key Highlights
- Shareholders elected Bryan H. Lawrence, David E.K. Frischkorn, Jr., and Michael R. Graney as directors.
- Appointment of Grant Thornton LLP as independent auditor for 2026 was ratified with 51,176,895 votes For.
- Amendment to the Long-Term Incentive Program (LTIP) to increase shares by 4,000,000 was approved with 33,603,634 votes For.
- Advisory vote on executive compensation was approved with 35,914,373 votes For.
- A quorum of 78.24% of outstanding shares was present at the Annual Meeting.
Price Impact
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