Form 4: Peabody Energy EVP and CFO Acquires Shares Through Dividend Equivalents
SEC Form 4 Filing
Peabody Energy's EVP and CFO, Mark Spurbeck, acquired 84 shares of common stock through dividend equivalents on prior restricted stock unit awards.
Summary
- Mark Spurbeck, the Executive Vice President and Chief Financial Officer of Peabody Energy, acquired 84 shares of common stock on December 4, 2024.
- The acquisition was a result of dividend equivalents on prior restricted stock unit awards.
- The price per share was $23.08.
- Following the transaction, Mr. Spurbeck's total holdings are 65,794 shares.
Sentiment
Score: 6
Explanation: The document is a routine SEC filing related to an executive's share acquisition. It is neither particularly positive nor negative, but indicates normal business operations.
Positives
- The acquisition of shares by a key executive could be seen as a positive sign of confidence in the company's future.
Industry Context
This is a routine filing related to executive compensation and is common in publicly traded companies. It does not indicate any specific trend in the coal industry.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
- The acquisition of shares through dividend equivalents is a common form of executive compensation.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it indicates confidence from a key executive.
Key Dates
| Date | Description |
|---|---|
| 12/04/2024 | Date of the share acquisition by Mark Spurbeck. |
| 12/06/2024 | Date the Form 4 was signed. |
Keywords
Peabody Energy, Mark Spurbeck, CFO, share acquisition, dividend equivalents, restricted stock units, insider trading, Form 4
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