---
schema_version: "secwatch.filing_event.v1"
accession: "0001064728-21-000051"
form_type: "8-K"
ticker: "BTU"
cik: "0001064728"
company_name: "PEABODY ENERGY CORP"
filed_at: "2021-12-10T23:59:59+00:00"
generated_at: "2026-06-28T01:58:10.977873+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Peabody exchanges up to $21.8M notes for common stock; COO resigns from board, relocation requirement removed

## Summary
- Exchanged $4.12M of 8.5% 2024 Senior Secured Notes for 340k shares of common stock.
- Exchanged or committed to exchange up to $17.72M of 6.375% 2025 Notes for up to 1.67M shares.
- Darren Yeates resigned from Board effective Dec 6, 2021; remains EVP & COO.
- Employment contract amended to remove requirement to relocate to St. Louis; position now Brisbane.

## SEC filing metadata
- accession: 0001064728-21-000051
- form_type: 8-K
- ticker: BTU
- cik: 0001064728
- company_name: PEABODY ENERGY CORP
- filed_at: 2021-12-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 3.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1064728/000106472821000051/0001064728-21-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1064728/000106472821000051/btu-20211206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001064728-21-000051
- JSON: https://secwatch.observer/filing/0001064728-21-000051.json
- Plain text: https://secwatch.observer/filing/0001064728-21-000051.txt

## Key facts
- Executive change
  Darren R. Yeates resigned as Director at PEABODY ENERGY CORP.
  - Action: resigned
  - Role: Director
  source text: On December 6, 2021, Darren R. Yeates resigned from the Board of Directors (the “ Board ”) of Peabody Energy Corporation (the “ Company ”), effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1064728/000106472821000051/0001064728-21-000051-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.