4Filed Sep 7, 8:00 PM ET
Peabody Energy Director Margaret Katherine Banks Receives 65 Shares
$BTU · PEABODY ENERGY CORPResearch Summary
AI-generated summary of this SEC filing
Peabody Energy Director Margaret Katherine Banks Receives 65 Shares
What Happened
- Margaret Katherine Banks, a director of Peabody Energy Corp (BTU), was credited with 65 shares on Sept 3, 2026. The filing shows an acquisition at $27.64 per share for a total value of $1,797. This transaction is recorded as an award/acquisition (Code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-09-03; filing date: 2026-09-08 (appears timely given the Labor Day holiday).
- Price per share: $27.64; Total value: $1,797.
- Shares acquired: 65.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote F1: the shares represent exempt dividend equivalents on prior deferred stock unit awards and restricted stock unit awards.
- Transaction type: Award/credit of shares (Code A), not a sale or market purchase.
Context
- Dividend-equivalent credits are routine: they convert dividend amounts tied to prior deferred or restricted stock unit awards into shares rather than representing a purchase or trading view.
- The amount is modest in dollar terms and the filing does not indicate 10% owner status; as a director, this is standard compensation-related equity credit rather than directional insider trading.