Form 4: Peabody Energy EVP & COO Darren Ronald Yeates Reports Acquisition of 107 Shares
SEC Form 4 Filing
Darren Ronald Yeates, EVP & COO of Peabody Energy, reports acquiring 107 shares of common stock at $22.03 per share due to exempt dividend equivalents on prior restricted stock unit awards.
Summary
- On September 4, 2024, Darren Ronald Yeates, the EVP & COO of Peabody Energy Corporation, acquired 107 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, Yeates directly owns 80,666 shares of Peabody Energy Corporation.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition due to dividend equivalents. While insider buying can be seen as positive, the amount is small and related to dividend equivalents, not necessarily a direct investment based on future expectations.
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 a company insider, like the EVP & COO of Peabody Energy, transacts in the company's securities. It provides transparency to the market regarding insider activity.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 09/04/2024 | Date of transaction: Darren Ronald Yeates acquired 107 shares of common stock. |
| 09/06/2024 | Date of signature on the report. |
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