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 the acquisition of 82 shares of common stock due to exempt dividend equivalents.
Summary
- On June 5, 2024, Mark Spurbeck, the EVP and CFO of Peabody Energy, acquired 82 shares of common stock.
- The acquisition was due to exempt dividend equivalents on prior restricted stock unit awards.
- Following the transaction, Spurbeck directly owns 75,622 shares of Peabody Energy common stock.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction (acquisition of shares due to dividend equivalents) by a company executive, suggesting a neutral to slightly positive sentiment as it indicates continued alignment of interests between management and shareholders.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder confidence as it demonstrates the executive's continued investment in the company.
Key Dates
| Date | Description |
|---|---|
| 06/05/2024 | Date of transaction: Mark Spurbeck acquired 82 shares of common stock. |
| 06/07/2024 | Date of report signature. |
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