FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Adkins Jonathan Tyler

(Last) (First) (Middle)
C/O RAMACO RESOURCES, INC.
250 WEST MAIN STREET, SUITE 1900

(Street)
LEXINGTON KY 40507

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
08/20/2026
3. Issuer Name and Ticker or Trading Symbol
Ramaco Resources, Inc. [ METC ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
General Counsel
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A common stock 20,266
D
 
Class B common stock 3,962
D
 
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units   (1)   (1) Class A common stock (7) 2,665 0 D  
Restricted Stock Units   (2)   (2) Class A common stock (7) 12,320 0 D  
Restricted Stock Units   (3)   (3) Class A common stock (7) 11,533 0 D  
Performance Stock Units   (4)   (4) Class A common stock (8) 7,995 0 D  
Performance Stock Units   (5)   (5) Class A common stock (8) 18,479 0 D  
Performance Stock Units   (6)   (6) Class A common stock (8) 11,533 0 D  
Explanation of Responses:
1. On February 29, 2024, the Reporting Person received a restricted stock unit grant of 7,995 units under the Ramaco Resources, Inc. (the "Company") 2017 Long-Term Incentive Plan. The restricted stock units were to vest in three equal installments beginning on January 31, 2025. There are 2,665 units remaining to vest.
2. On February 24, 2025, the Reporting Person received a restricted stock unit grant of 18,479 units under the Company's 2017 Long-Term Incentive Plan. The restricted stock units were to vest in three equal installments beginning on January 31, 2026. There are 12,320 units remaining to vest.
3. On February 24, 2026, the Reporting Person received a restricted stock unit grant of 11,533 units under the Company's 2017 Long-Term Incentive Plan. The restricted stock units are to vest in three equal installments beginning on January 31, 2027.
4. On February 29, 2024, the Reporting Person received a performance stock unit grant of 7,995 units under the Company's 2017 Long-Term Incentive Plan. The performance period began on January 1, 2024 and will end on December 31, 2026. The performance stock units will vest based upon the certification of the Compensation Committee of the Company's Board of Directors as to the percentage of achievement based on pre-established performance targets. The achievement percentage can range from 0% to 200% of this grant.
5. On February 24, 2025, the Reporting Person received a performance stock unit grant of 18,479 units under the Company's 2017 Long-Term Incentive Plan. The performance period began on January 1, 2025 and will end on December 31, 2027. The performance stock units will vest based upon the certification of the Compensation Committee of the Company's Board of Directors as to the percentage of achievement based on pre-established performance targets. The achievement percentage can range from 0% to 200% of this grant.
6. On February 24, 2026, the Reporting Person received a performance stock unit grant of 11,533 units under the Company's 2017 Long-Term Incentive Plan. The performance period began on January 1, 2026 and will end on December 31, 2028. The performance stock units will vest based upon the certification of the Compensation Committee of the Company's Board of Directors as to the percentage of achievement based on pre-established performance targets. The achievement percentage can range from 0% to 200% of this grant.
7. Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
8. Each performance stock unit represents a contingent right to receive one share of Class A common stock.
Remarks:
Exhibit 24 - Power of Attorney
/s/ Jonathan Tyler Adkins 08/26/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

ATTACHMENTS / EXHIBITS

ATTACHMENTS / EXHIBITS

POWER OF ATTORNEY