Form 4: Peabody Energy Director Stephen E. Gorman Acquires Additional Shares Through Dividend Equivalents

Director Stephen E. Gorman acquired 35 shares of Peabody Energy Corp common stock on June 5, 2024, through exempt dividend equivalents.

Summary

• On June 5, 2024, Stephen E. Gorman, a director of Peabody Energy Corp, acquired 35 shares of common stock.
• The acquisition was due to exempt dividend equivalents on prior deferred stock unit awards.
• The price per share was $23.6.
• Following the transaction, Gorman directly owns 43,141 shares of Peabody Energy Corp.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction by a company director due to dividend equivalents, which is neither overtly positive nor negative.

Positives

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

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals confidence from a company director.

Key Dates