Peabody Energy (BTU) director gets 71-share dividend-equivalent stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Peabody Energy Corp director Robert A. Malone reported an automatic acquisition of 71 shares of Common Stock. The shares were credited as exempt dividend equivalents tied to prior deferred stock unit and restricted stock unit awards, rather than an open-market purchase.
Following this award, Malone directly holds 58,640 shares of Peabody Energy Common Stock. This is a routine, compensation-related adjustment that reflects dividend-equivalent accruals on existing equity-based awards, not a discretionary trade in the company’s stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Malone Robert A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 71 | $28.19 | $2K |
Holdings After Transaction:
Common Stock — 58,640 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares awarded: 71 shares
Reported share value: $28.19 per share
Shares owned after transaction: 58,640 shares
3 metrics
Shares awarded
71 shares
Dividend equivalents on prior equity awards
Reported share value
$28.19 per share
Value assigned to 71-share award
Shares owned after transaction
58,640 shares
Direct Common Stock holdings after award
Key Terms
exempt dividend equivalents, deferred stock unit awards, restricted stock unit awards, Common Stock
4 terms
exempt dividend equivalents financial
"The shares of Common Stock represent exempt dividend equivalents on prior deferred stock unit awards"
deferred stock unit awards financial
"exempt dividend equivalents on prior deferred stock unit awards and restricted stock unit awards"
restricted stock unit awards financial
"exempt dividend equivalents on prior deferred stock unit awards and restricted stock unit awards"
Restricted stock unit awards are company promises to deliver a specific number of shares to employees or service providers in the future once conditions—such as staying with the company for a set time or meeting performance targets—are met. They matter to investors because when the promises convert into actual shares they increase the total share count and can reduce earnings per share, while also aligning recipients’ interests with stock performance much like deferred pay that turns into ownership if goals are met.
Common Stock financial
"The shares of Common Stock represent exempt dividend equivalents"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Peabody Energy (BTU) director Robert A. Malone report in this Form 4?
Robert A. Malone reported receiving 71 shares of Peabody Energy Common Stock. These shares were issued as dividend equivalents on prior deferred stock unit and restricted stock unit awards, reflecting a routine compensation-related adjustment rather than an open-market stock purchase.
Was the Peabody Energy (BTU) Form 4 transaction an open-market stock purchase or sale?
The Form 4 transaction was not an open-market purchase or sale. It records an automatic award of 71 Common Stock shares as exempt dividend equivalents associated with earlier deferred stock unit and restricted stock unit awards granted to director Robert A. Malone.
What do “exempt dividend equivalents” mean in the Peabody Energy (BTU) Form 4?
“Exempt dividend equivalents” are additional shares credited to match dividends on existing equity awards. In this case, 71 Common Stock shares were granted to Robert A. Malone as dividend equivalents on prior deferred stock unit and restricted stock unit awards, with no cash transaction involved.