Peabody Energy (NYSE: BTU) CEO gets 225-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Peabody Energy Corp President and CEO James C. Grech reported an acquisition of 225 shares of Common Stock on a Form 4. These shares represent exempt dividend equivalents on prior restricted stock unit awards. After this award, he directly holds 324,963 Common Stock shares.
He also reports indirect ownership of 54,500 Common Stock shares held in a grantor retained annuity trust, where he is grantor, trustee and annuitant, with a remainder interest for his children. The filing shows a routine compensation-related share accrual rather than any open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Grech James C.
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 225 | $32.56 | $7K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 324,963 shares (Direct);
Common Stock — 54,500 shares (Indirect, Grantor Retained Annuity Trust)
Footnotes (1)
- The shares of Common Stock represent exempt dividend equivalents on prior restricted stock unit awards. Held in a grantor retained annuity trust of which the reporting person is the grantor, trustee and annuitant, with a remainder interest in favor of the reporting person's children.
FAQ
What insider transaction did Peabody Energy (BTU) report for James C. Grech?
Peabody Energy reported that President and CEO James C. Grech acquired 225 Common Stock shares. The award reflects exempt dividend equivalents on earlier restricted stock unit grants, increasing his directly held position to 324,963 shares according to the Form 4 filing.
Was the Peabody Energy (BTU) CEO Form 4 a market purchase or sale?
The Form 4 does not show any open-market purchase or sale. Instead, it reports an acquisition coded as a grant or award, consisting of 225 shares issued as exempt dividend equivalents on prior restricted stock unit awards to James C. Grech.