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

Margaret Katherine Banks, a director at Peabody Energy, acquired 25 shares of common stock on June 5, 2024, representing exempt dividend equivalents on prior deferred stock unit awards.

Summary

• On June 5, 2024, Margaret Katherine Banks, a director of Peabody Energy Corp, acquired 25 shares of common stock.
• The acquisition was due to exempt dividend equivalents on prior deferred stock unit awards.
• The price per share was $23.6.
• Following the transaction, Banks directly owns 8,018 shares of Peabody Energy Corp.
• The transaction was reported on June 7, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction, and the acquisition of shares by a director is generally viewed as a slightly positive sign, but it's not a major event.

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 Form 4 filing is a routine disclosure required by the SEC when a company insider, such as a director, engages in a transaction involving the company's securities. It provides transparency to the market regarding the trading activities of those with privileged information.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it involves a small number of shares.

Key Dates