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

Director Margaret Katherine Banks acquired 27 shares of Peabody Energy Corp. common stock on September 4, 2024, representing exempt dividend equivalents on prior deferred stock unit awards.

Summary

• On September 4, 2024, Margaret Katherine Banks, a director of Peabody Energy Corp., acquired 27 shares of common stock.
• The acquisition was due to exempt dividend equivalents on prior deferred stock unit awards.
• The price of the stock was $22.03 per share.
• Following the transaction, Banks directly owns 8,045 shares of Peabody Energy Corp. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction disclosure. The director's acquisition of shares through dividend equivalents is a standard practice.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Industry Context

This filing is a routine disclosure of a transaction by a company insider, as required by the SEC. It provides transparency regarding the trading activities of individuals with access to non-public information about the company.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves a small number of shares acquired through dividend equivalents.

Key Dates