Form 4: Peabody Energy Director Acquires Additional Shares Through Dividend Equivalents
SEC Form 4 Filing
Director Margaret Katherine Banks acquired 6 shares of Peabody Energy Corp (BTU) common stock on March 13, 2024, through exempt dividend equivalents.
Summary
- On March 13, 2024, Margaret Katherine Banks, a director of Peabody Energy Corp (BTU), acquired 6 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, Banks directly owns 2,281 shares of Peabody Energy Corp.
Sentiment
Score: 7
Explanation: The sentiment is neutral as it reflects a routine transaction related to director compensation. There is no indication of positive or negative implications for the company's 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 shareholders as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 03/13/2024 | Date of transaction: Margaret Katherine Banks acquired 6 shares of Peabody Energy Corp common stock. |
| 03/15/2024 | Date of signature on the Form 4 filing. |
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