{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-070365","form_type":"8-K","ticker":"METC","cik":"0001687187","company_name":"Ramaco Resources, Inc.","filed_at":"2023-06-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.036927+00:00","generated_at":"2026-06-14T02:58:42.388041+00:00","sec_items":["3.03","5.03","5.07","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Shareholders approve dual-class structure; Class B tracking stock to boost dividend yield to ~9%","bullets":["99% of voting shareholders (74% of outstanding) approved creation of Class B common stock tied to CORE Assets.","Each existing METC share will receive 0.2 Class B shares; distribution expected to be tax-free except for cash in lieu of fractions.","Combined dividend yield on both classes projected at ~9% vs. ~6% currently; total 2023 dividend payout expected to increase ~33%.","Board will meet in late July to set timing and amount of first Class B dividend.","Class B provides direct participation in non-coal revenue streams: coal assets, royalties, carbon products/rare earth elements."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-070365","json":"https://secwatch.observer/filing/0001104659-23-070365.json","markdown":"https://secwatch.observer/filing/0001104659-23-070365.md","text":"https://secwatch.observer/filing/0001104659-23-070365.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1687187/000110465923070365/0001104659-23-070365-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1687187/000110465923070365/tm2318390d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T02:58:42.388041+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ab2500bd6fe13504ec796268253e66058d07c38f","claim":"Ramaco Resources, Inc.: Amended and restated the certificate of incorporation to reclassify existing common stock as Class A common stock, create Class B common stock, and provide board option to exchange Class B for Class A based on VWAP (effective 2023-06-12).","evidence_excerpt":"On June 12, 2023, at a special meeting of shareholders (the “Special Meeting”) of Ramaco Resources, Inc. (the “Company”), the Company’s shareholders approved a proposal to amend and restate the Company’s existing certificate of incorporation with the Second Amended and Restated Certificate of Incorporation of the Company to, among other things, (1) reclassify the Company’s existing common stock, par value $0.01 per share (“Existing Common Stock”) as shares of Class A common stock, par value $0.01 per share (“Class A Common Stock”), (2) create a separate Class B common stock, par value $0.01 per share (“Class B Common Stock”) and (3) provide the board of directors of the Company the option, in its sole discretion, to exchange all outstanding shares of the Class B Common Stock into shares of Class A Common Stock based on an exchange ratio determined by a 20-day trailing volume-weighted average price for each class of stock (the “Charter Amendment Proposal”).","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1687187/000110465923070365/0001104659-23-070365-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-06-12"}],"fact_type":"governance_change"},{"claim_id":"1c4d66b86f30e0de717dc364bef33a7b2a5381ea","claim":"Ramaco Resources, Inc. shareholders approved Charter Amendment Proposal at the 2023-06-12 meeting.","evidence_excerpt":"The results of the matters voted upon at the Special Meeting, as more fully described in the Proxy Statement, are set forth below. Charter Amendment Proposal For Against Abstain 32,914,092 210,587 25,014","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1687187/000110465923070365/0001104659-23-070365-index.htm","confidence":0.95,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"charter amendment"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-06-12"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}