BTU Form 4: Darren Yeates Receives 207 Shares as Dividend Equivalents

Rhea-AI Filing Summary

Darren R. Yeates, EVP & COO of Peabody Energy Corporation (BTU), acquired 207 shares of common stock at a price of $17.09 per share as reported on the Form 4 transaction date. Following the transaction he directly beneficially owns 108,450 shares. The filing states these 207 shares represent exempt dividend equivalents paid on prior restricted stock unit awards, indicating the issuance was non-cash compensation tied to earlier equity awards rather than an open-market purchase.

Insights

Corporate Governance Expert

TL;DR: Routine insider issuance from dividend equivalents; aligns executive compensation with shareholder interests.

This Form 4 reports a small issuance of 207 shares to an executive as dividend equivalents on previously granted restricted stock units. Such issuances are customary and reflect compensation mechanics rather than discretionary open-market trading. The transaction increases the reporting person’s direct ownership to 108,450 shares, preserving alignment between management and shareholders. There is no indication of material governance change or unusual timing in the disclosed details.

Securities Analyst

TL;DR: Non-material equity issuance tied to RSUs; unlikely to affect capital structure or market sentiment.

The reported acquisition of 207 shares at $17.09 per share is described as exempt dividend equivalents on prior RSU awards. This is a routine accounting and compensation event rather than an active investment decision. The post-transaction direct holding of 108,450 shares remains modest in absolute and relative terms for a public company executive, suggesting minimal impact on outstanding float or investor valuation metrics.

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^*

Yeates Darren Ronald

(Last) (First) (Middle)

C/O PEABODY ENERGY CORPORATION

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)

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

3. Date of Earliest Transaction (Month/Day/Year)
09/03/2025

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	09/03/2025		A		207(1)	A	$17.09	108,450	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 restricted stock unit awards.

Remarks:

	/s/ Caitlin Reardon-Ashley, Attorney-in-fact	09/05/2025
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did BTU insider Darren Yeates report on the Form 4?

The Form 4 reports acquisition of 207 shares of Peabody Energy Corp (BTU) at $17.09 per share, recorded as dividend equivalents on prior RSUs.

How many BTU shares does Darren Yeates beneficially own after this transaction?

After the reported transaction Darren Yeates beneficially owns 108,450 shares directly.

Was the acquisition an open-market purchase or related to equity awards?

The filing states the 207 shares represent exempt dividend equivalents on prior restricted stock unit awards, not an open-market purchase.

Does this Form 4 indicate any change in executive role for BTU insiders?

No. The Form 4 lists Darren Yeates as EVP & COO and shows an equity issuance tied to RSUs; it does not report any role change.

Is the reported transaction likely material to BTU investors?

No. The issuance of 207 shares is small relative to typical public company floats and is a routine compensation-related event.