GORMAN STEPHEN E 4

What Happened
Stephen E. Gorman, a director of Peabody Energy Corp (BTU), was credited with 44 shares on March 10, 2026. The shares were recorded at $32.56 each for a total value of approximately $1,433. This was an award/acquisition (code A) — not an open-market purchase or sale — representing dividend-equivalent shares tied to prior deferred stock unit awards.

Key Details

• Transaction date and price: 2026-03-10 at $32.56 per share (total ≈ $1,433).
• Transaction type: Award/Acquisition (Form 4 code A).
• Shares owned after transaction: Not reported in the filing.
• Footnote: The shares represent exempt dividend equivalents on prior deferred stock unit awards (footnote F1).
• Filing timeliness: Reported on Form 4 filed 2026-03-12 — appears timely (within the usual two-business-day filing window).

Context
These shares were granted as dividend-equivalent credits on existing deferred stock units, a common form of director compensation. Such awards are non-cash and do not indicate an open-market buy or sell decision by the insider; they typically reflect regular compensation or plan mechanics rather than a direct signal about the director’s view of the stock.