LAYMON JOE W 4
Research Summary
AI-generated summary
Peabody (BTU) Director Joe W. Laymon Receives 113-Share Award
What Happened
- Joe W. Laymon, a director of Peabody Energy Corp (BTU), received an award of 113 shares on March 10, 2026. The reported acquisition price/value was $32.56 per share, for a total reported value of $3,679. This transaction is coded as an award/grant (A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-10; Filing date: 2026-03-12 (timely filing).
- Shares received: 113 at $32.56 per share; total value reported: $3,679.
- Transaction type: Award/Grant (Form 4 code A) — not a buy or sale in the open market.
- Shares owned after transaction: Not specified in the filing provided.
- Footnote: The shares “represent exempt dividend equivalents on prior deferred stock unit awards,” i.e., issued as dividend equivalents tied to earlier deferred stock units.
- No indication of a 10b5-1 plan, cashless exercise, or tax-withholding disposition in this filing.
Context
- Awards and dividend-equivalent issuances are typically compensation-related and do not necessarily signal a director’s change in market view. This is a small-value compensation issuance rather than a material insider purchase or sale.