THOMIST CAPITAL MANAGEMENT, LP - 14 Aug 2024 Form 4 Insider Report for PEABODY ENERGY CORP (BTU)

Reporting relationship: 10%+ Owner
Issuer ticker: BTU
Reported as of: 14 Aug 2024
Net transaction value: +$1,791,700
SEC form: 4
Accepted by SEC: 26 Aug 2024, 20:21:14 UTC
Source filing: View source filing
Reporting owner signature: THOMIST CAPITAL MANAGEMENT, LP, By: Thomist Capital, LLC, its general partner, By: /s/ Brian Kuzma, Title: Managing Member

Key filing fact

THOMIST CAPITAL MANAGEMENT, LP filed Form 4 for PEABODY ENERGY CORP (BTU) on 26 Aug 2024.

Key facts

This page summarizes THOMIST CAPITAL MANAGEMENT, LP's Form 4 filing for PEABODY ENERGY CORP (BTU).
12 reported transactions and 6 derivative rows are listed below.
Accepted by SEC: 26 Aug 2024, 20:21.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: +$1,791,700.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BTU transaction

Common Stock

Purchase

Transaction value
Shares: +24,300
Change %: +0.76%
Price
Shares after: 3,230,091
Date: 14 Aug 2024
Ownership: See Footnotes
Footnotes: F1, F2, F3, F4

BTU transaction

Common Stock

Purchase

Transaction value
Shares: +48,600
Change %: +3.1%
Price
Shares after: 1,617,455
Date: 14 Aug 2024
Ownership: See Footnotes
Footnotes: F1, F2, F3, F5

BTU transaction

Common Stock

Purchase

Transaction value
Shares: +24,300
Change %: +3.1%
Price
Shares after: 808,726
Date: 14 Aug 2024
Ownership: See Footnotes
Footnotes: F1, F2, F3, F6

BTU transaction

Common Stock

Exercise of in-the-money or at-the-money derivative security

Transaction value: $731,400
Shares: +31,800
Change %: +2%
Price: $23.00
Shares after: 1,649,255
Date: 15 Aug 2024
Ownership: See Footnotes
Footnotes: F2, F3, F5

BTU transaction

Common Stock

Exercise of in-the-money or at-the-money derivative security

Transaction value: $598,000
Shares: +26,000
Change %: +3.2%
Price: $23.00
Shares after: 834,726
Date: 15 Aug 2024
Ownership: See Footnotes
Footnotes: F2, F3, F6

BTU transaction

Common Stock

Exercise of in-the-money or at-the-money derivative security

Transaction value: $462,300
Shares: +20,100
Change %: +1.2%
Price: $23.00
Shares after: 1,669,355
Date: 16 Aug 2024
Ownership: See Footnotes
Footnotes: F2, F3, F5

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BTU transaction Derivative

Put Option (Obligation to Buy)

Exercise of in-the-money or at-the-money derivative security

Transaction value: $0
Shares: -318
Change %: -61%
Price: $0.000000
Shares after: 201
Date: 15 Aug 2024
Ownership: See Footnotes
Underlying class: Common Stock
Underlying amount: 31,800
Exercise price: $23.00
Footnotes: F2, F3, F5

BTU transaction Derivative

Put Option (Obligation to Buy)

Exercise of in-the-money or at-the-money derivative security

Transaction value: $0
Shares: -260
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 15 Aug 2024
Ownership: See Footnotes
Underlying class: Common Stock
Underlying amount: 26,000
Exercise price: $23.00
Footnotes: F2, F3, F6

BTU transaction Derivative

Put Option (Obligation to Buy)

Exercise of in-the-money or at-the-money derivative security

Transaction value: $0
Shares: -201
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 16 Aug 2024
Ownership: See Footnotes
Underlying class: Common Stock
Underlying amount: 20,100
Exercise price: $23.00
Footnotes: F2, F3, F5

BTU transaction Derivative

Call Option (Right to Buy)

Sale

Transaction value
Shares: -8,257
Change %: -24%
Price
Shares after: 26,743
Date: 16 Aug 2024
Ownership: See Footnotes
Underlying class: Common Stock
Underlying amount: 825,700
Exercise price: $27.00
Footnotes: F2, F3, F4, F7

BTU transaction Derivative

Call Option (Right to Buy)

Sale

Transaction value
Shares: -5,829
Change %: -25%
Price
Shares after: 17,504
Date: 16 Aug 2024
Ownership: See Footnotes
Underlying class: Common Stock
Underlying amount: 582,900
Exercise price: $27.00
Footnotes: F2, F3, F5, F7

BTU transaction Derivative

Call Option (Right to Buy)

Sale

Transaction value
Shares: -2,914
Change %: -25%
Price
Shares after: 8,753
Date: 16 Aug 2024
Ownership: See Footnotes
Underlying class: Common Stock
Underlying amount: 291,400
Exercise price: $27.00
Footnotes: F2, F3, F6, F7

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

THOMIST CAPITAL MANAGEMENT, LP is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 7 footnotes

Footnote F1

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.81 to $21.905, inclusive. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

Footnote F2

This Form 4 is being filed by (a) Thomist Capital Management, LP (the "Manager"), (b) Thomist Capital, LLC (the "GP"), (c) The Thomist Fund, LP (the "Fund"), and (d) Brian Kuzma ("Mr. Kuzma", and collectively with the Manager, the GP and the Fund, the "Reporting Persons"). The Manager, as the investment manager of the Fund and two third-party accounts ("Managed Account 1" and "Managed Account 2") over which the Manager has voting and investment discretion. Mr. Kuzma is the managing member of the GP, which is the general partner of the Manager and the Fund.

Footnote F3

The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, and each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein.

Footnote F4

The securities reported are held by the Fund. The GP and Mr. Kuzma may be deemed to have a pecuniary interest in the securities held by the Fund due to and indirect profits allocation to the GP and Mr. Kuzma's interest in the Fund.

Footnote F5

The securities reported are held by Managed Account 1. The Reporting Persons other than the Fund may be deemed to have a pecuniary interest in the securities held by Managed Account 1 due to a performance-related fee.

Footnote F6

The securities reported are held by Managed Account 2. The Reporting Persons other than the Fund may be deemed to have a pecuniary interest in the securities held by Managed Account 2 due to a performance-related fee.

Footnote F7

These contracts were sold in two transactions at prices of $26.72 per contract for the first 15,000 contracts and $20 per contract for the remaining portion.

SEC remarks

The Reporting Persons realized short-swing profits under Section 16(b) of the Securities Exchange Act of 1934, as amended, as a result of transactions in the Issuer's securities reported herein. On August 24, 2024, the Reporting Persons agreed to disgorge $25,386.48 to the Issuer, representing the short-swing profits realized by the Reporting Persons

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