BTU Form 4: Director William Champion receives 164 shares as dividend equivalents
Rhea-AI Filing Summary
Peabody Energy director William H. Champion reported an acquisition of 164 shares of Peabody Energy Corporation common stock (BTU) on 09/03/2025 at a reported price of $17.09 per share. Following the transaction, Mr. Champion beneficially owns 37,610 shares, held in a direct capacity. The filing states these 164 shares represent exempt dividend equivalents credited on prior deferred stock unit awards. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 09/05/2025.
Positive
- Director acquisition reported: The filing shows a director increased direct holdings to 37,610 shares by receiving 164 shares.
- Clear disclosure: Transaction is documented as exempt dividend equivalents and was signed by an attorney-in-fact, indicating procedural compliance.
Negative
- None.
Insights
TL;DR: Director acquired a small number of shares via dividend equivalents, raising direct ownership to 37,610 shares.
This Form 4 discloses a routine acquisition of 164 shares at $17.09 each, described as exempt dividend equivalents on deferred stock unit awards. The trade appears non-discretionary and related to compensation plan mechanics rather than an open-market purchase. The transaction raises the director's direct stake to 37,610 shares but is immaterial relative to typical institutional holdings and the company's market capitalization. Documentation is complete and signed by an attorney-in-fact, indicating proper procedural handling.
TL;DR: Administrative issuance from compensation plan; no governance red flags identified.
The entry is recorded as dividend equivalents on deferred stock units, a common post-compensation issuance. There is no indication of opportunistic timing or atypical insider behavior in the filing. Ownership remains direct and properly reported under Section 16. The disclosure meets Form 4 requirements with signature by an authorized attorney-in-fact.