Form 4: Peabody Energy CAO Scott T. Jarboe Reports Acquisition of Common Stock
SEC Form 4 Filing
Scott T. Jarboe, CAO and Corporate Secretary of Peabody Energy, reports acquiring 56 shares of common stock due to exempt dividend equivalents on prior restricted stock unit awards.
Summary
- On March 13, 2024, Scott T. Jarboe, CAO and Corporate Secretary of Peabody Energy Corporation, acquired 56 shares of common stock.
- The acquisition was due to exempt dividend equivalents on prior restricted stock unit awards.
- The price per share was $25.15.
- Following the transaction, Jarboe directly owns 66,189 shares of Peabody Energy Corporation.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine transaction related to executive compensation.
Positives
- The acquisition of shares through dividend equivalents suggests a continued investment in the company by a key officer.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's stock. This transaction reflects compensation in the form of dividend equivalents.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a small acquisition of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 03/13/2024 | Date of transaction: Scott T. Jarboe acquired 56 shares of common stock. |
| 03/15/2024 | Date of signature on the report. |
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