Kenneth Courtis Purchases 8,000 Shares of Alpha Metallurgical Resources

The director's stake in the company increases by 0.92%

Mar. 21, 2026 at 2:12am

Alpha Metallurgical Resources, Inc. (NYSE:AMR) Director Kenneth Courtis acquired 8,000 shares of the company's stock in a transaction on Thursday, March 12th. The shares were purchased at an average price of $191.07 per share, for a total transaction of $1,528,560.00. Following the completion of the acquisition, Courtis now owns 874,537 shares in the company, valued at approximately $167,097,784.59.

Why it matters

This insider purchase by a director signals confidence in the company's future prospects and could be seen as a positive sign for investors. Insider buying is often viewed as a bullish indicator, as it suggests the director believes the stock is undervalued.

The details

Courtis' purchase increased his stake in Alpha Metallurgical Resources by 0.92%. The transaction was disclosed in a legal filing with the Securities and Exchange Commission. Alpha Metallurgical Resources is a leading producer of high-grade metallurgical coal, primarily serving the global steelmaking industry.

  • The transaction took place on Thursday, March 12th.

The players

Kenneth Courtis

A director of Alpha Metallurgical Resources, Inc.

Alpha Metallurgical Resources, Inc.

A leading producer of high-grade metallurgical coal, primarily serving the global steelmaking industry.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

The takeaway

This insider purchase by a director of Alpha Metallurgical Resources suggests the company's leadership believes the stock is undervalued and has confidence in the company's future prospects. Insider buying is often seen as a positive signal for investors.