Form 4: Peabody Energy EVP and CFO Mark Spurbeck Reports Acquisition of Common Stock

Mark Spurbeck, EVP and CFO of Peabody Energy, reports acquiring 76 shares of common stock due to exempt dividend equivalents on prior restricted stock unit awards.

Summary

• On March 13, 2024, Mark Spurbeck, the EVP and CFO of Peabody Energy, acquired 76 shares of common stock.
• The acquisition was due to exempt dividend equivalents on prior restricted stock unit awards.
• The price of the stock was $25.15 per share.
• Following the transaction, Spurbeck directly owns 75,540 shares of Peabody Energy common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction of dividend equivalents being converted to shares. It shows confidence from the executive but isn't a major market-moving event.

Positives

• The acquisition of shares through dividend equivalents suggests a continued investment in the company by a key executive.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be an indicator of management's confidence in the company's future performance.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it involves a small number of shares acquired through dividend equivalents.

Key Dates