Form 4: Peabody Energy Director Acquires Additional Shares Through Dividend Equivalents
SEC Form 4 Filing
Director Robert A. Malone acquired 34 shares of Peabody Energy Corp (BTU) common stock on March 13, 2024, representing exempt dividend equivalents on prior deferred stock unit awards.
Summary
- On March 13, 2024, Robert A. Malone, a director of Peabody Energy Corp (BTU), 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, Malone directly owns 38,313 shares of Peabody Energy Corp.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a routine transaction. It doesn't convey strong positive or negative sentiment.
Industry Context
This filing is a routine disclosure of a director's stock ownership change, driven by dividend equivalents, and doesn't necessarily indicate a strategic shift for Peabody Energy within the broader coal industry.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares acquired through dividend equivalents.
Key Dates
| Date | Description |
|---|---|
| 03/13/2024 | Date of transaction: Robert A. Malone acquired 34 shares of Peabody Energy Corp common stock. |
| 03/15/2024 | Date of signature on the Form 4 filing. |
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