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

Director Stephen Gorman acquired 38 shares of Peabody Energy common stock on September 4, 2024, representing exempt dividend equivalents on prior deferred stock unit awards.

Summary

• On September 4, 2024, Stephen E. Gorman, a director of Peabody Energy Corporation, acquired 38 shares of common stock.
• The acquisition was due to exempt dividend equivalents on prior deferred stock unit awards.
• The price per share was $22.03.
• Following the transaction, Gorman directly owns 43,179 shares of Peabody Energy common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to dividend equivalents. While insider buying can be seen as positive, this is an expected part of the compensation structure.

Positives

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

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of company directors.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a small acquisition of shares by a director.

Key Dates