Peabody Energy (NYSE: BTU) CEO logs stock grant and tax-withholding share disposal
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Peabody Energy President and CEO James C. Grech reported equity compensation activity in company common stock. He acquired 40,320 shares at no cost from a performance stock unit grant, following certification of performance goals, and disposed of 17,157 shares to cover tax withholding upon vesting. After these transactions, he directly owned 379,238 common shares.
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 | 40,320 | $0.00 | -- |
| Tax Withholding | Common Stock | 17,157 | $33.97 | $583K |
Holdings After Transaction:
Common Stock — 396,395 shares (Direct)
Footnotes (1)
- 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 Special Committee of the Board of Directors certified the achievement of the performance goals on February 19, 2026. Shares withheld for taxes upon vesting of January 3, 2023 performance stock unit vesting.
FAQ
What insider transactions did BTU CEO James C. Grech report?
James C. Grech reported a stock award and related tax withholding. He received 40,320 BTU common shares from a performance stock unit grant and disposed of 17,157 shares to satisfy tax obligations tied to the award’s vesting.
Was the BTU CEO’s Form 4 transaction a stock purchase or sale?
The Form 4 reflects an equity award and tax withholding, not an open-market trade. Grech received 40,320 shares at no cost and 17,157 shares were withheld to pay taxes upon performance stock unit vesting.
What performance award vested for BTU CEO James C. Grech?
The shares came from a performance stock unit grant awarded January 3, 2023. It had a two-year performance period plus an additional year vest, and the board’s Special Committee certified achievement of the performance goals on February 19, 2026.
What does the tax-withholding disposition on BTU CEO’s Form 4 mean?
The tax-withholding disposition indicates shares were withheld to pay taxes due on vesting. Specifically, 17,157 BTU shares were surrendered at $33.97 per share to satisfy tax liabilities from the performance stock unit vesting.