Roberts Malcolm James 4

What Happened
Malcolm James Roberts, EVP & Chief Commercial Officer of Peabody Energy (BTU), had 1,588 shares issued to him on Feb 18, 2026 as the result of performance stock units vesting (recorded as an award/acquisition). To cover tax withholding on the vesting, 75 shares were withheld/disposed at $33.29 per share, generating $2,497. The award itself shows an acquisition price of $0.00; using the $33.29 per-share figure reported for the withholding, the vested shares had an approximate gross value of ~$52,865.

Key Details

• Transaction dates: Feb 18, 2026 (award vesting and tax withholding); Form 4 filed Feb 20, 2026 (appears timely).
• Reported transactions:
  • A (Award): 1,588 shares @ $0.00 (acquired)
  • F (Tax withholding): 75 shares @ $33.29 (disposed) = $2,497
• Shares owned after the transaction: not provided in the supplied excerpt.
• Footnotes:
  • F1: Shares earned from a PSU grant awarded Jan 3, 2023 (two‑year performance period plus an additional year); Compensation Committee certified achievement on Feb 18, 2026.
  • F2: The 75 shares were withheld to satisfy tax obligations upon vesting.
• Filing timeliness: Form filed Feb 20, 2026 for transactions on Feb 18, 2026 (appears to meet the usual two‑business‑day Form 4 filing window).

Context
This was a compensation vesting event (performance stock units), not an open‑market buy or a voluntary sale. The 75‑share disposition is a routine withholding to cover taxes and should not be interpreted as an active market sale of a stake. Performance stock unit vesting reflects prior compensation awards and the committee’s certification of performance goals, not an immediate trading decision by the insider.