Peabody Energy CFO reports stock award and tax withholding
Peabody Energy EVP and CFO Mark Spurbeck reported equity compensation activity involving the company’s common stock.
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Rhea-AI Filing Summary
Peabody Energy EVP and CFO Mark Spurbeck reported equity compensation activity involving the company’s common stock. On February 18, he acquired 17,136 shares through a grant/award tied to a performance stock unit grant originally awarded on January 3, 2023, after the Compensation Committee certified performance goals.
On the same date, 7,549 shares were disposed of through a tax-withholding transaction at $33.29 per share in connection with the vesting of that performance stock unit grant. After these transactions, Spurbeck directly held 98,394 shares of Peabody Energy common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 17,136 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 7,549 | $33.29 | $251K |
Footnotes (2)
- F1. Represents shares earned from a performance stock unit grant awarded on January 3, 2023 with a two-year performance period with an additional year vest. The Compensation Committee certified the achievement of the performance goals on February 18, 2026.
- F2. Shares withheld for taxes upon vesting of January 3, 2023 performance stock unit vesting.
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What did Peabody Energy (BTU) EVP and CFO Mark Spurbeck report in this Form 4?
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