Form 4: Peabody Energy CFO Mark Spurbeck Reports Acquisition of Additional Common Stock Through Dividend Equivalents
Insider Transaction Report
Peabody Energy's EVP and CFO, Mark Spurbeck, reported the acquisition of 312 shares of common stock through exempt dividend equivalents, bringing his total direct beneficial ownership to 81,741 shares.
Summary
- Mark Spurbeck, Executive Vice President and Chief Financial Officer of Peabody Energy Corp. (BTU), acquired 312 shares of common stock on June 4, 2025.
- These shares represent exempt dividend equivalents on prior restricted stock unit awards.
- The shares were acquired at a deemed price of $13.4 per share.
- Following this transaction, Mr. Spurbeck directly beneficially owns 81,741 shares of Peabody Energy common stock.
- The filing also corrects an administrative error from a previous Form 4 filed on March 11, 2025, which erroneously omitted 110 shares of common stock representing exempt dividend equivalents on prior deferred stock unit awards.
Sentiment
Score: 6
Explanation: The filing is largely neutral, reporting a routine insider transaction (dividend equivalents) and an administrative correction. It reflects ongoing executive compensation practices and regulatory compliance.
Positives
- The acquisition of shares, even as dividend equivalents, indicates continued holding and alignment of executive interests with shareholder value.
- The correction of a prior administrative error demonstrates transparency and adherence to reporting requirements.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This filing is a routine insider transaction report and does not provide information related to broader industry trends or competitor activities within the energy or mining sectors.
Stakeholder Impact
- Shareholders: Provides transparency regarding executive stock ownership and compensation, confirming alignment of interests.
Key Dates
| Date | Description |
|---|---|
| 03/11/2025 | Date of original Form 4 filing that contained an administrative error. |
| 06/04/2025 | Transaction date for the acquisition of 312 shares of common stock. |
| 06/06/2025 | Signature date of the current Form 4 filing. |
Recommendation
holdKeywords
Peabody Energy, BTU, Form 4, Insider Transaction, Stock Ownership, Executive Compensation, Dividend Equivalents, Mark Spurbeck
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