Form 4: Peabody Energy Director Acquires Additional Shares Through Dividend Equivalents
SEC Form 4
Andrea E. Bertone, a director at Peabody Energy, acquired 209 shares of common stock through exempt dividend equivalents, increasing their direct holdings to 36,773 shares.
Summary
- On March 11, 2025, Andrea E. Bertone, a director of Peabody Energy Corporation, acquired 209 shares of common stock.
- The acquisition was due to exempt dividend equivalents on prior deferred stock unit awards.
- The price per share was $13.81.
- Following the transaction, Bertone directly owns 36,773 shares of Peabody Energy common stock.
- This Form 4 filing also corrects an error in the total amount of shares held, which was previously reported in a Form 4 filed on December 4, 2024.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing related to dividend equivalents. The correction of a previous error is slightly positive as it shows attention to detail.
Positives
- The director's increased stake could be interpreted as a sign of confidence in the company's future performance.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be informative for investors.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it reflects insider confidence.
Key Dates
| Date | Description |
|---|---|
| 12/04/2024 | Date of a previous Form 4 filing that contained an error regarding the total amount of shares held. |
| 03/11/2025 | Date of the transaction where Andrea E. Bertone acquired 209 shares of Peabody Energy common stock. |
| 03/13/2025 | Date of signature for the Form 4 filing. |
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