Form 4: Peabody Energy EVP and CFO Mark Spurbeck Reports Acquisition of Common Stock
SEC Form 4 Filing
Mark Spurbeck, EVP and CFO of Peabody Energy, reports acquiring 88 shares of common stock due to exempt dividend equivalents on prior restricted stock unit awards.
Summary
- On September 4, 2024, Mark Spurbeck, the EVP and CFO of Peabody Energy, acquired 88 shares of common stock.
- The acquisition was due to exempt dividend equivalents on prior restricted stock unit awards.
- The price per share was $22.03.
- Following the transaction, Spurbeck directly owns 75,710 shares of Peabody Energy common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to executive compensation. The acquisition of shares by an executive is generally viewed as a positive sign, but the impact is minimal.
Positives
- The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when company insiders, like the CFO, trade in their company's stock. It provides transparency to the market about the transactions of company executives.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares acquired by an executive as part of their compensation.
Key Dates
| Date | Description |
|---|---|
| 09/04/2024 | Date of transaction: Mark Spurbeck acquired 88 shares of common stock. |
| 09/06/2024 | Date of signature on the Form 4 filing. |
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