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

Sentiment:

SEC Form 4


Director David J. Miller acquired 34 shares of Peabody Energy Corp common stock on March 13, 2024, representing exempt dividend equivalents on prior deferred stock unit awards.

Summary

  • On March 13, 2024, David J. Miller, a director of Peabody Energy Corp, acquired 34 shares of common stock.
  • The acquisition was due to exempt dividend equivalents on prior deferred stock unit awards.
  • The price per share was $25.15.
  • Following the transaction, Miller directly owns 28,942 shares of Peabody Energy Corp.
  • The transaction was reported on March 15, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. The director increasing their holdings is a slightly positive sign.

Positives

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

Industry Context

This filing reflects routine transactions related to director compensation and dividend equivalents, which are common practices in publicly traded companies.

Stakeholder Impact

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

Key Dates

DateDescription
03/13/2024Date of transaction: David J. Miller acquired 34 shares of Peabody Energy Corp common stock.
03/15/2024Date of report: Form 4 filing date.

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