Spurbeck Mark 4
4 · PEABODY ENERGY CORP · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Peabody Energy CFO Mark Spurbeck Sells 30,000 Shares
What Happened
Mark Spurbeck, EVP and Chief Financial Officer of Peabody Energy (BTU), sold 30,000 shares in an open-market transaction on March 4, 2026. The reported weighted-average sale price was $35.58 per share, for a total transaction value of approximately $1,067,400. This was a sale (not a purchase or option exercise) and is typically considered a routine insider disposition rather than a signal of company prospects.
Key Details
- Transaction date: 2026-03-04 (reported on Form 4 filed 2026-03-06) — timely filing (within two business days).
- Transaction type & code: Sale (S), open-market or private sale as reported.
- Shares sold: 30,000; weighted-average price: $35.58; total proceeds ≈ $1,067,400.
- Price range: shares were sold in multiple transactions at prices from $35.43 to $35.74 per share (filing footnote). The filer will provide a breakdown of shares sold at each price on request.
- Shares owned after transaction: Not specified in the provided filing.
- Notable footnote: Weighted-average price with range disclosed; additional per-price details available on request.
Context
Insider sales like this are common for executives and can reflect personal liquidity needs, diversification, or routine compensation-related transactions; they do not by themselves indicate the company’s future performance. This filing reports a direct sale by a senior executive (EVP/CFO), not a 10% owner or a derivative exercise.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-03-04$35.58/sh−30,000$1,067,400→ 68,394 total
Footnotes (1)
- [F1]The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.43 to $35.74 per share. The filers undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, on request, full information regarding the number of shares sold at each separate price within this range.