Form 4: Peabody Energy CEO James Grech Reports Acquisition of Additional Shares Through Dividend Equivalents

Peabody Energy Corporation's President and CEO, James C. Grech, reported the acquisition of 899 shares of common stock as exempt dividend equivalents on restricted stock unit awards, correcting a prior administrative omission.

Summary

• James C. Grech, President and CEO, and a Director of Peabody Energy Corp (BTU), acquired 899 shares of common stock on June 4, 2025.
• These shares represent exempt dividend equivalents on prior restricted stock unit awards, not an open market purchase.
• The acquisition was valued at $13.4 per share for the purpose of the dividend equivalent conversion.
• Following this transaction, Mr. Grech beneficially owns 334,176 shares of Peabody Energy common stock.
• The filing also corrects an administrative error from a previous Form 4 filed on March 11, 2025, where 315 shares of exempt dividend equivalents were erroneously omitted.

Sentiment

Score: 6

Explanation: Slightly positive as it indicates an increase in insider ownership, albeit through non-discretionary dividend equivalents, and demonstrates compliance through error correction.

Positives

• The CEO's beneficial ownership of company stock increased, aligning management's interests with shareholders.
• The company is transparent in correcting administrative errors in its SEC filings.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This is a routine insider transaction filing (Form 4) and does not provide information related to broader industry trends or competitor analysis.

Stakeholder Impact

• Shareholders: The increase in the CEO's beneficial ownership, even through dividend equivalents, can be seen as a positive alignment of interests between management and shareholders.

Key Dates

Keywords

SEC Form 4, Peabody Energy, BTU, James C. Grech, Insider Transaction, Beneficial Ownership, Stock Acquisition, Dividend Equivalents, Restricted Stock Units, Corporate Governance