Form 4: Peabody Energy Corp CEO Acquires Additional Shares Through Dividend Equivalents

Peabody Energy Corp's CEO, James C. Grech, acquired 424 shares of common stock on March 13, 2024, through exempt dividend equivalents on prior restricted stock unit awards.

Summary

• On March 13, 2024, James C. Grech, the President and CEO of Peabody Energy Corp, acquired 424 shares of common stock.
• The acquisition was due to exempt dividend equivalents on prior restricted stock unit awards.
• The price per share was $25.15.
• Following the transaction, Grech directly owns 308,096 shares of Peabody Energy Corp.
• The transaction was reported on a Form 4 filing with the SEC.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction. The CEO increasing their stake could be seen as a positive signal, but it's a small amount relative to their total holdings.

Positives

• The acquisition of shares by the CEO could be interpreted positively, signaling confidence in the company's future performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals confidence from the CEO.

Key Dates