Form 4: Peabody Energy CAO Scott T. Jarboe Sells Shares Under 10b5-1 Trading Plan
SEC Form 4
Scott T. Jarboe, CAO and Corporate Secretary of Peabody Energy, sold 2,018 shares of common stock at $14.22 per share on March 3, 2025, under a pre-arranged 10b5-1 trading plan.
Summary
- On March 3, 2025, Scott T. Jarboe, the CAO and Corporate Secretary of Peabody Energy Corporation, sold 2,018 shares of the company's common stock.
- The sale was executed at a price of $14.22 per share.
- The transaction was conducted under a Rule 10b5-1 trading plan adopted by Jarboe on December 2, 2024.
- Following the transaction, Jarboe still beneficially owns 77,619 shares of Peabody Energy common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an insider stock sale under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company executives and their holdings in the company's stock. The use of a 10b5-1 trading plan suggests that the sales were pre-planned and not based on any inside information.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but the pre-planned nature of the sale mitigates potential concerns.
Key Dates
| Date | Description |
|---|---|
| 12/02/2024 | Date the reporting person adopted the Rule 10b5-1 trading plan |
| 03/03/2025 | Date of the transaction (stock sale) |
| 03/04/2025 | Date of signature on the Form 4 filing |
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