Form 4: Peabody Energy CEO's Stock Grant & Tax Withholding
Insider Transaction Report
Peabody Energy's President and CEO, James C. Grech, reported the vesting of performance stock units and subsequent tax-related share withholding.
Summary
- James C. Grech, President and CEO, and a Director of Peabody Energy Corp (BTU), reported changes in his beneficial ownership.
- On February 19, 2026, Grech acquired 40,320 shares of common stock at a price of $0.
- These shares were earned from a performance stock unit grant awarded on January 3, 2023, which had a two-year performance period and an additional year vest.
- The Special Committee of the Board of Directors certified the achievement of the performance goals on February 19, 2026.
- Concurrently, 17,157 shares were disposed of at $33.97 to cover tax obligations related to the vesting of these performance stock units.
- Following these transactions, Grech beneficially owns 379,238 shares of Peabody Energy common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, reflecting a routine executive compensation transaction (vesting of performance units and tax withholding) rather than a discretionary trade or a significant change in company fundamentals.
Positives
- Achievement of performance goals for the January 3, 2023, performance stock unit grant, as certified by the Board's Special Committee.
- The vesting of 40,320 shares indicates successful execution against pre-defined metrics over a two-year performance period.
Negatives
- 17,157 shares were withheld for taxes, reducing the net number of shares received by the executive.
Future Outlook
This filing does not contain forward-looking statements or guidance regarding the company's future outlook.
Industry Context
StockSavvy.ai notes that routine insider transactions, such as the vesting of performance-based equity awards and subsequent tax-related share dispositions, are common across industries for executive compensation. These events reflect the execution of pre-established compensation plans rather than discretionary trading based on new material information.
Stakeholder Impact
- Shareholders: Minor, routine impact as the transaction is a standard part of executive compensation and does not indicate a change in company strategy or financial health.
Key Dates
| Date | Description |
|---|---|
| 01/03/2023 | Date performance stock unit grant was awarded to James C. Grech. |
| 02/19/2026 | Date of earliest transaction, date performance goals were certified by the Special Committee of the Board of Directors, and date of performance stock unit vesting. |
| 02/23/2026 | Signature date of the Form 4 filing. |
Keywords
BTU, Peabody Energy, Form 4, Insider Transaction, Executive Compensation, Stock Grant, Performance Stock Units, CEO
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