Form 4: Peabody Energy Corp Executive Acquires Shares Through Dividend Equivalents
SEC Form 4 Filing
Scott T. Jarboe, CAO and Corporate Secretary of Peabody Energy Corp, acquired 62 shares of common stock through dividend equivalents.
Summary
- Scott T. Jarboe, a key executive at Peabody Energy Corp, acquired 62 shares of common stock on December 4, 2024.
- The acquisition was a result of dividend equivalents on prior restricted stock unit awards.
- The price per share was $23.08.
- Following the transaction, Mr. Jarboe beneficially owns 66,376 shares of Peabody Energy Corp.
Sentiment
Score: 6
Explanation: The document reflects a routine transaction related to executive compensation. It is neither particularly positive nor negative, but indicates normal business operations.
Positives
- The acquisition of shares by a company executive can be seen as a positive sign of confidence in the company's future.
Industry Context
This is a routine filing related to executive compensation and is common in publicly traded companies.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is consistent with typical executive compensation practices.
- Many companies use restricted stock units and dividend equivalents as part of their executive compensation packages.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it indicates executive confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 12/04/2024 | Date of the stock acquisition by Scott T. Jarboe. |
| 12/06/2024 | Date the Form 4 was signed. |
Keywords
Peabody Energy Corp, insider trading, stock acquisition, dividend equivalents, Form 4, executive compensation, Scott T. Jarboe
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