Form 4: Peabody Energy Director Acquires Shares Through Dividend Equivalents
SEC Form 4 Filing
Andrea E. Bertone, a director at Peabody Energy Corporation, acquired 115 shares of common stock on June 5, 2024, through exempt dividend equivalents.
Summary
- On June 5, 2024, Andrea E. Bertone, a director of Peabody Energy Corporation, acquired 115 shares of common stock.
- The acquisition was made through exempt dividend equivalents on prior deferred stock unit awards.
- The price per share was $23.6.
- Following the transaction, Bertone directly owns 36,343 shares of Peabody Energy Corporation.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard disclosure of a director's stock acquisition through dividend equivalents. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Positives
- The acquisition of shares by a director may signal confidence in the company's future performance.
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 direct impact on stakeholders, primarily providing transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 06/05/2024 | Date of transaction: Andrea E. Bertone acquired 115 shares of common stock. |
| 06/07/2024 | Date of signature on the Form 4 filing. |
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