Peabody Energy (NYSE: BTU) director receives 39 shares as dividend equivalents

Rhea-AI Filing Summary

Peabody Energy director Margaret Katherine Banks reported an acquisition of 39 shares of Common Stock as exempt dividend equivalents on prior deferred stock unit awards. These were credited on March 10, 2026 as part of her existing compensation arrangements, not through an open-market purchase or sale. After this grant, she directly holds 17,112 Common Stock shares, indicating a small, routine adjustment to her equity position rather than a significant change in ownership.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Banks Margaret Katherine

(Last) (First) (Middle)

C/O PEABODY ENERGY CORP.

701 MARKET STREET

(Street)

ST. LOUIS MO 63101

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PEABODY ENERGY CORP [ BTU ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/10/2026		A		39(1)	A	$32.56	17,112	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The shares of Common Stock represent exempt dividend equivalents on prior deferred stock unit awards.

Remarks:

	/s/ Caitlin Reardon-Ashley, Attorney-in-fact	03/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did Peabody Energy (BTU) report for Margaret Katherine Banks?

Peabody Energy director Margaret Katherine Banks reported receiving 39 Common Stock shares on March 10, 2026. The footnote states these are exempt dividend equivalents tied to prior deferred stock unit awards, reflecting routine compensation rather than an open-market trade.

Was the Peabody Energy (BTU) Form 4 transaction a stock purchase or sale?

The Form 4 does not show a market purchase or sale. Instead, Banks acquired 39 Common Stock shares as a grant of dividend equivalents on earlier deferred stock unit awards, a standard compensation-related adjustment rather than a discretionary buy or sell decision.

How many Peabody Energy (BTU) shares does Margaret Katherine Banks now hold?

Following the reported Form 4 transaction, Banks directly holds 17,112 shares of Peabody Energy Common Stock. This total includes the 39 shares received as dividend equivalents on prior deferred stock unit awards, indicating a modest incremental change in her overall ownership position.

What does “exempt dividend equivalents on prior deferred stock unit awards” mean for BTU?

It means the 39 reported shares represent dividends credited in share form on previously granted deferred stock units. This is a compensation mechanism where dividends are mirrored as additional units or shares, treated as an exempt acquisition rather than an open-market transaction.

Does the Peabody Energy (BTU) Form 4 suggest a change in insider sentiment?

The filing primarily reflects routine compensation, not a discretionary trade. Banks received 39 shares as dividend equivalents on existing deferred stock unit awards, which typically carries limited signaling value about short-term sentiment compared with open-market insider buying or selling.