---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-286862"
form_type: "8-K"
ticker: "BTU"
cik: "0001064728"
company_name: "PEABODY ENERGY CORP"
filed_at: "2024-12-30T23:59:59+00:00"
generated_at: "2026-05-28T22:39:16.144931+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Peabody Energy Amends Employment Agreement with EVP & COO Darren Yeates

## Summary
- Amendment signed Dec 27, 2024, extends employment term through Jan 31, 2027.
- Severance payment equals 1.5x base salary and Reference Bonus, plus Pro Rata Bonus.
- Payment multiplier increases to 2x if termination occurs within 2 years after a Change in Control.
- Responsibilities change after closing of Anglo American Australia mine acquisition or Oct 31, 2025.
- New agreement replaces prior contract dated Oct 22, 2020; Yeates continues as EVP and COO.

## SEC filing metadata
- accession: 0001193125-24-286862
- form_type: 8-K
- ticker: BTU
- cik: 0001064728
- company_name: PEABODY ENERGY CORP
- filed_at: 2024-12-30T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1064728/000119312524286862/0001193125-24-286862-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1064728/000119312524286862/d905950d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-286862
- JSON: https://secwatch.observer/filing/0001193125-24-286862.json
- Plain text: https://secwatch.observer/filing/0001193125-24-286862.txt

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