Peabody Energy CEO receives 225-share stock award
Peabody Energy Corp President and CEO James C. Grech reported an acquisition of 225 shares of Common Stock on a Form 4.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 225 | $32.56 | $7K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. The shares of Common Stock represent exempt dividend equivalents on prior restricted stock unit awards.
- F2. 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
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What insider transaction did Peabody Energy (BTU) report for James C. Grech?
Was the Peabody Energy (BTU) CEO Form 4 a market purchase or sale?
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