GORMAN STEPHEN E 4
Research Summary
AI-generated summary
Peabody (BTU) Director Stephen Gorman Receives 65-Share Award
What Happened
Stephen E. Gorman, a director of Peabody Energy Corp (BTU), received 65 shares on June 8, 2026 as an award/acquisition (code A). The shares were recorded at $28.19 each for a total value of about $1,832. This was an award/dividend-equivalent credit, not an open‑market purchase or sale.
Key Details
- Transaction date and price: 2026-06-08, 65 shares @ $28.19 each (total ≈ $1,832).
- Transaction type/code: Award/Acquisition (A).
- Footnote: Shares represent exempt dividend equivalents on prior deferred stock unit awards and restricted stock unit awards (F1).
- Shares owned after transaction: Not disclosed in the provided filing.
- Filing timeliness: Reported on 2026-06-10 for a 2026-06-08 transaction (appears to be filed within the standard Form 4 reporting window).
Context
These shares were credited as dividend equivalents on existing deferred stock units and RSUs, meaning they reflect compensation/accounting adjustments rather than a purchase signaling insider confidence. The amount is modest and generally considered routine compensation for a director, not a discrete market-directed investment.