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

James C. Grech, President and CEO of Peabody Energy, acquired 254 shares of common stock on September 4, 2024, through exempt dividend equivalents.

Summary

• On September 4, 2024, James C. Grech, President and CEO of Peabody Energy Corporation, acquired 254 shares of common stock.
• The acquisition was due to exempt dividend equivalents on prior restricted stock unit awards.
• The price per share was $22.03.
• Following the transaction, Mr. Grech directly owns 279,975 shares of Peabody Energy common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing indicating an executive's acquisition of shares through dividend equivalents, which is a normal part of compensation. The increased ownership could be seen as slightly positive, but it's not a major event.

Positives

• The acquisition of shares by the CEO could be seen as a positive signal, indicating 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 and directors.

Stakeholder Impact

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

Key Dates