---
schema_version: "secwatch.filing_event.v1"
accession: "0001064728-25-000027"
form_type: "8-K"
ticker: "BTU"
cik: "0001064728"
company_name: "PEABODY ENERGY CORP"
filed_at: "2025-03-07T23:59:59+00:00"
generated_at: "2026-05-25T02:54:20.799835+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Peabody adjusts conversion rate on 2028 notes due to Q1 dividend

## Summary
- Conversion rate on 3.250% Convertible Senior Notes due 2028 increased from 51.0440 to 51.7762 shares/$1,000.
- Adjustment effective February 19, 2025, ex-dividend date for $0.075/share Q1 2025 dividend payable March 11.
- Increase exceeds 1% threshold; if Q1 dividend not paid, rate will revert.
- Dividend declared by board; prior three quarters also $0.075/share.

## SEC filing metadata
- accession: 0001064728-25-000027
- form_type: 8-K
- ticker: BTU
- cik: 0001064728
- company_name: PEABODY ENERGY CORP
- filed_at: 2025-03-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1064728/000106472825000027/0001064728-25-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1064728/000106472825000027/btu-20250307.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001064728-25-000027
- JSON: https://secwatch.observer/filing/0001064728-25-000027.json
- Plain text: https://secwatch.observer/filing/0001064728-25-000027.txt

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