Form 4: Peabody Energy Corp Director Margaret Katherine Banks Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4


Director Margaret Katherine Banks reports acquisition and disposal of Peabody Energy Corp (BTU) common stock and deferred stock units.

Summary

  • On May 10, 2024, Margaret Katherine Banks, a director of Peabody Energy Corp (BTU), reported changes in beneficial ownership.
  • Banks acquired 5,712 shares of common stock at $0.
  • Banks disposed of 7,993 shares of common stock.
  • Following the reported transactions, Banks beneficially owns 7,993 shares of common stock.
  • The acquisition of 5,712 shares represents deferred stock units that generally vest pro rata over 12 months.

Sentiment

Score: 5

Explanation: This is a neutral filing related to stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, as required by the SEC. It provides transparency to investors regarding the transactions of company executives and directors.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions.
  • It helps stakeholders understand the ownership structure and potential alignment of interests between management and shareholders.

Key Dates

DateDescription
05/10/2024Date of transaction: acquisition and disposal of common stock and deferred stock units.
05/14/2024Date of signature for the report.

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