Peabody Energy (BTU) director adds 68 shares via dividend-equivalent grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Peabody Energy director Nicholas J. Chirekos reported a small share acquisition through equity-based compensation. He received 68 shares of common stock on June 8, 2026 as exempt dividend equivalents tied to prior deferred stock unit and restricted stock unit awards at $28.19 per share. Following this award, he holds 44,619 common shares directly. This is a routine, non-market grant rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chirekos Nicholas J.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 68 | $28.19 | $2K |
Holdings After Transaction:
Common Stock — 44,619 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares acquired: 68 shares
Grant reference price: $28.19 per share
Shares owned after: 44,619 shares
3 metrics
Shares acquired
68 shares
Dividend-equivalent grant on June 8, 2026
Grant reference price
$28.19 per share
Price per share for reported grant
Shares owned after
44,619 shares
Director’s direct BTU holdings after transaction
Key Terms
dividend equivalents, deferred stock unit, restricted stock unit, Form 4
4 terms
dividend equivalents financial
"The shares of Common Stock represent exempt dividend equivalents on prior deferred stock unit awards and restricted stock unit awards."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
deferred stock unit financial
"The shares of Common Stock represent exempt dividend equivalents on prior deferred stock unit awards and restricted stock unit awards."
A deferred stock unit (DSU) is a promise from a company to give an employee or director the value of a share at a future date, paid in actual shares or cash when certain conditions are met (such as retirement or a set date). Think of it like a gift card that converts to company stock later; it aligns pay with long‑term performance and can affect future share count, compensation expense and potential cash needs, so investors watch DSUs for their impact on dilution and company finances.
restricted stock unit financial
"The shares of Common Stock represent exempt dividend equivalents on prior deferred stock unit awards and restricted stock unit awards."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Peabody Energy (BTU) report for Nicholas J. Chirekos?
Peabody Energy reported that director Nicholas J. Chirekos acquired 68 common shares as exempt dividend equivalents on prior equity awards. The transaction was coded as a grant or award, not an open-market trade, and was reported on Form 4 for June 8, 2026.
Was the BTU Form 4 transaction an open-market purchase or sale?
The BTU Form 4 does not show an open-market trade. The 68 shares were granted as dividend equivalents on prior deferred stock unit and restricted stock unit awards, making this a compensation-related acquisition rather than a discretionary market purchase or sale.
What does “dividend equivalents on prior deferred stock unit awards” mean for BTU?
Dividend equivalents on prior deferred stock unit awards are additional shares granted to mirror dividends paid on underlying stock. For BTU, the 68 shares reported represent such equivalents attached to earlier deferred stock unit and restricted stock unit grants, rather than a new cash-funded stock purchase.
Is the Peabody Energy (BTU) Form 4 transaction significant relative to the director’s holdings?
The transaction is relatively small compared with Nicholas J. Chirekos’s total holdings. He received 68 additional shares through dividend equivalents, bringing his direct ownership to 44,619 shares, indicating a routine incremental increase tied to existing equity awards.