Jarboe Scott T. 4
Research Summary
AI-generated summary
Peabody Energy (BTU) CAO Scott T. Jarboe Sells 2,925 Shares
What Happened
Scott T. Jarboe, Chief Administrative Officer and Corporate Secretary of Peabody Energy Corp (BTU), sold 2,925 shares of Peabody common stock in open-market transactions on 2026-06-01. The reported weighted-average price was $28.02 per share for total proceeds of approximately $81,959. This was a sale (disposition), not a purchase or option exercise.
Key Details
- Transaction date: 2026-06-01 (reported on Form 4 filed 2026-06-02) — filing appears timely.
- Reported amount: 2,925 shares sold; weighted-average price $28.02; total proceeds ~$81,959.
- Price range: shares were sold in multiple trades between $27.82 and $28.27 per share (weighted avg reported).
- Footnote: Sales were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 2026-02-23. The filer will provide the number of shares sold at each separate price on request.
- Shares owned after transaction: not specified in the details provided here (see the complete Form 4 for post-transaction holdings).
Context
A 10b5-1 plan indicates the transactions were pre-arranged and executed according to a trading plan established on 2026-02-23; such plans are commonly used to schedule trades in advance and reduce concerns about trading on material nonpublic information. A sale by an executive is a routine insider disposition and does not, by itself, indicate the insider’s view of the company’s prospects. For full ownership totals and the exact breakdown of trades at each price, consult the complete Form 4 (Accession No. 0001806144-26-000010).