Peabody Energy (NYSE: BTU) CFO logs stock award and tax-withholding share disposition
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 9,587 shares
Net Buy
2 txns
Insider
Spurbeck Mark
Role
EVP and CFO
| 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 |
Holdings After Transaction:
Common Stock — 98,394 shares (Direct)
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.
FAQ
What did Peabody Energy (BTU) EVP and CFO Mark Spurbeck report in this Form 4?
Mark Spurbeck reported a stock award and related tax-withholding disposition. He received 17,136 common shares from a performance stock unit grant and had 7,549 shares withheld to cover taxes tied to that vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.