Form 4: Peabody Energy EVP & COO Darren Ronald Yeates Reports Acquisition of 93 Shares of Common Stock
SEC Form 4 Filing
Darren Ronald Yeates, EVP & COO of Peabody Energy, reports acquiring 93 shares of common stock on March 13, 2024, at a price of $25.15 per share due to exempt dividend equivalents on prior restricted stock unit awards.
Summary
- On March 13, 2024, Darren Ronald Yeates, the EVP & COO of Peabody Energy Corporation, acquired 93 shares of common stock.
- The acquisition was due to exempt dividend equivalents on prior restricted stock unit awards.
- The price per share was $25.15.
- Following the transaction, Yeates directly owns 80,460 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 small number of shares acquired and the nature of the acquisition (dividend equivalents) temper the positive sentiment.
Positives
- The acquisition of shares by a company executive can be seen as a positive signal, 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 EVP & COO of Peabody Energy, trade in the company's stock. It provides transparency to the market regarding the transactions of company executives.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves a small number of shares acquired by an executive.
Key Dates
| Date | Description |
|---|---|
| 03/13/2024 | Date of transaction: Darren Ronald Yeates acquired 93 shares of common stock. |
| 03/15/2024 | Date of signature on the Form 4 filing. |
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