Form 4: Peabody Energy Corp: CAO Scott T. Jarboe Reports Acquisition of Common Stock

Scott T. Jarboe, CAO and Corporate Secretary of Peabody Energy Corp, reports acquiring 60 shares of common stock due to exempt dividend equivalents on prior restricted stock unit awards.

Summary

• On June 5, 2024, Scott T. Jarboe, CAO and Corporate Secretary of Peabody Energy Corp, acquired 60 shares of common stock.
• The acquisition was due to exempt dividend equivalents on prior restricted stock unit awards.
• The price per share was $23.6.
• Following the transaction, Jarboe directly owns 66,249 shares of Peabody Energy Corp.
• The transaction was reported on June 7, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition through dividend equivalents, which is neither overtly positive nor negative.

Positives

• The acquisition of shares through dividend equivalents suggests a positive outlook on the company's performance, as dividend equivalents are typically tied to the value of existing stock holdings.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates changes in the beneficial ownership of Peabody Energy Corp's stock by one of its officers.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it involves a small number of shares acquired by an executive.

Key Dates