BTU Insider Report: 60 Shares Issued to EVP as RSU Dividend Equivalents

Rhea-AI Filing Summary

Insider purchase reported: Malcolm James Roberts, EVP & Chief Commercial Officer of Peabody Energy Corporation (BTU), reported acquiring 60 shares of the company's common stock on 09/03/2025 at a price of $17.09 per share. After the transaction he beneficially owns 24,115 shares, held directly. The filing explains these 60 shares represent exempt dividend equivalents on prior restricted stock unit awards. The Form 4 was submitted by an attorney-in-fact on behalf of the reporting person.

Positive

• Insider disclosure completed and compliant with required Form 4 fields filled, including transaction date, price, and post-transaction ownership
• Transaction origin clarified as exempt dividend equivalents on prior restricted stock units, reducing ambiguity about intent

Negative

• None.

Insights

Financial Analyst

TL;DR: A small insider acquisition occurred via dividend equivalents; the transaction appears immaterial to company valuation.

The 60-share acquisition at $17.09 is explicitly described as exempt dividend equivalents from prior RSUs, not a market purchase. Given the small size relative to total reported holdings (24,115 shares), this action is unlikely to materially affect market perception or valuation. It is a routine equity compensation settlement rather than a directional investment by management.

Corporate Governance Expert

TL;DR: Disclosure is clear and compliant; transaction arises from compensation plan mechanics, not active trading by the executive.

The Form 4 properly identifies the reporting person, relationship to the issuer, transaction date, price, and post-transaction holdings. The explanation that the shares are dividend equivalents on prior restricted stock units clarifies the nature of the transfer and supports transparency in insider reporting. No governance concerns are evident from the filing itself.

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Roberts Malcolm James

(Last) (First) (Middle)

701 MARKET STREET

(Street)

ST. LOUIS MO 63033

(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 & Chief Commercial Officer

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, $0.01 par value per share	09/03/2025		A		60(1)	A	$17.09	24,115	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 did Malcolm James Roberts report in the Form 4 for BTU?

He reported acquiring 60 shares of Peabody Energy common stock on 09/03/2025 at $17.09 per share and now beneficially owns 24,115 shares.

Why were 60 shares issued to the reporting person according to the filing?

The filing states the 60 shares represent exempt dividend equivalents on prior restricted stock unit awards.

What is the reporting person’s role at Peabody Energy (BTU)?

The reporting person is listed as EVP & Chief Commercial Officer and a director.

When was the Form 4 filed and who signed it?

The Form 4 shows a transaction date of 09/03/2025 and was submitted with the signature of an attorney-in-fact dated 09/05/2025.

Does the filing indicate a market purchase or sale?

No; the filing explains the shares are dividend equivalents on RSUs, not a market purchase or sale.