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Director Buys 5,000 Shares of Alpha Metallurgical
26 Aug
Summary
- Director Kenneth S. Courtis bought 5,000 Alpha Metallurgical shares.
- The transaction occurred on August 25, 2026, at $216.53 average price.
- The director now beneficially owns over 1 million shares.
Kenneth S. Courtis, a Director with Alpha Metallurgical Resources, Inc., made a significant stock purchase on August 25, 2026. He acquired 5,000 shares of common stock at a weighted average price of $216.53 per share. The individual transaction prices ranged between $215.69 and $217.48.
Following this acquisition, Courtis's direct equity stake in the company now stands at 1,020,394 shares. This represents his entire reported beneficial ownership, as no indirect holdings were noted in the filing.
This purchase occurred as Alpha Metallurgical Resources' stock demonstrated strong performance, delivering a 49% total return in the twelve months preceding the transaction date. The Bristol, Tennessee-based company is a producer of metallurgical and thermal coal.
Alpha Metallurgical Resources operates nineteen active mines and eight preparation facilities in Virginia and West Virginia. The company reported trailing twelve-month revenue of $2.1 billion and a net loss of $46.1 million, with a market capitalization of $2.7 billion as of the latest data.
