Form 4: Peabody Energy Director Acquires Shares Through Dividend Equivalents
SEC Form 4 Filing
Peabody Energy director Joe W. Laymon acquired 128 shares of common stock through dividend equivalents on prior deferred stock unit awards.
Summary
- Joe W. Laymon, a director at Peabody Energy Corporation, acquired 128 shares of common stock on December 4, 2024.
- The acquisition was a result of dividend equivalents on prior deferred stock unit awards.
- The price per share was $23.08.
- Following the transaction, Mr. Laymon's total holdings increased to 44,704 shares.
Sentiment
Score: 6
Explanation: The document reflects a routine transaction related to director compensation, which is neither significantly positive nor negative. It is a neutral event.
Positives
- The acquisition of shares by a director can be seen as a positive sign of confidence in the company's future.
Industry Context
This is a routine transaction related to director compensation and is not indicative of any broader industry trends.
Comparison to Industry Standards
- Director share acquisitions through dividend equivalents are a common practice in publicly traded companies as part of their compensation packages.
- This transaction is similar to other director share acquisitions in the energy sector.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it indicates director confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 12/04/2024 | Date of the share acquisition by Joe W. Laymon. |
| 12/06/2024 | Date the SEC Form 4 was signed. |
Keywords
Peabody Energy, Director, Share Acquisition, Dividend Equivalents, Stock, BTU, SEC Form 4
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