Form 4: Peabody Energy CEO Acquires Shares Through Dividend Equivalents
SEC Form 4 Filing
Peabody Energy's CEO, James C. Grech, acquired 243 shares of common stock through dividend equivalents on prior restricted stock unit awards.
Summary
- James C. Grech, the President and CEO of Peabody Energy, acquired 243 shares of common stock on December 4, 2024.
- The acquisition was a result of dividend equivalents on prior restricted stock unit awards.
- The price per share was $23.08.
- Following the transaction, Mr. Grech's total holdings increased to 280,218 shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to executive compensation, and does not indicate any positive or negative sentiment.
Industry Context
This is a routine filing related to executive compensation and does not indicate any significant change in the company's operations or outlook.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
- The acquisition of shares through dividend equivalents is a common form of executive compensation.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns executive interests with company performance.
Key Dates
| Date | Description |
|---|---|
| 12/04/2024 | Date of the stock acquisition by James C. Grech. |
| 12/06/2024 | Date the Form 4 was signed. |
Keywords
Peabody Energy, James C. Grech, stock acquisition, dividend equivalents, restricted stock units, insider trading, Form 4
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