secwatch / observer

PEABODY ENERGY CORP — fact timeline

Source-grounded facts extracted from PEABODY ENERGY CORP's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

BTU PEABODY ENERGY CORP JSON

Darren R. Yeates departed as Executive Vice President and Chief Operating Officer at PEABODY ENERGY CORP.

“Mr. Yeates will provide consulting services to the Company and its affiliates beginning February 1, 2027 (immediately after the expiration of Mr. Yeates’ Amendment and Restatement of Contract of Employment”
Material Agreements

PEABODY ENERGY CORP terminated Collateral Agency and Security Agreement with Bank of New York Mellon Trust Company, N.A. (effective 2026-06-12).

“the Company terminated that certain Collateral Agency and Security Agreement, dated as of May 3, 2022 (as amended, supplemented or otherwise modified to the date hereof, the “TSA Security Agreement”), by and among the Company, certain subsidiaries of the Company party thereto, the Sureties party thereto and Bank of New York Mellon Trust Company, N.A., as collateral agent (the “TSA Collateral Agent”)”
Material Agreements

PEABODY ENERGY CORP terminated Transaction Support Agreement and Surety Resolution Term Sheet with certain providers of its surety program (effective 2026-06-12).

“On June 12, 2026, the Company terminated that certain Transaction Support Agreement and Surety Resolution Term Sheet, each dated as of November 6, 2020 (as amended, supplemented or otherwise modified to the date hereof, the “TSA”), by and among the Company, certain subsidiaries of the Company party thereto and certain providers of its surety program (collectively, the “Sureties”)”
Material Agreements

PEABODY ENERGY CORP amended Revolving Credit Facility Amendment with PNC Bank, National Association (effective 2026-06-09).

“On June 9, 2026, the Company entered into that certain Amendment No. 2, dated as of June 9, 2026 (the “Revolving Credit Facility Amendment”), with PNC Bank, National Association, as administrative agent (the “Agent”), and the lenders party thereto”
Material Agreements

PEABODY ENERGY CORP entered into Credeq Surety Bond Facility with Swiss Re International SE (effective 2026-06-12).

“(ii) that certain Surety Bond Facility Agreement, dated as of June 12, 2026 (the “Credeq Surety Bond Facility” and, together with the Liberty Surety Bond Facility, the “Australian Surety Bond Facilities”), by and among the Australian Surety Bond Facility Obligors and Swiss Re International SE”
Material Agreements

PEABODY ENERGY CORP entered into Liberty Surety Bond Facility with Liberty Mutual Insurance Company, Australia Branch valued at A$700,000,000 (effective 2026-06-12).

“Peabody Australia Holdco Pty Ltd, Wilpinjong Coal Pty Ltd and certain of their respective Australian subsidiaries (collectively, the “Australian Surety Bond Facility Obligors”), each a subsidiary of Peabody Energy Corporation (the “Company” or “Peabody”), established new Australian Dollar-denominated surety bond facilities with an aggregate combined principal amount of A$700,000,000 in commitments by entering into (i) that certain Surety Bond Facility Agreement, dated as of June 12, 2026 (the “Liberty Surety Bond Facility”), by and among the Australian Surety Bond Facility Obligors and Liberty Mutual Insurance Company, Australia Branch”
Equity Issuances

PEABODY ENERGY CORP issued convertible note to initial purchasers for $250 million in aggregate principal amount.

“additional $25 million in aggregate principal amount of the Notes (together with the “Initial Notes,” the “Notes”), bringing the total aggregate principal amount of the Notes to $250 million. On June 2, 2026, the Company completed the private offering of the Notes. The Notes are senior unsecured obligations of the Company. The net proceeds from this offering were”
Debt Financings

PEABODY ENERGY CORP incurred convertible notes of $250 million with initial purchasers at 0.50% per year maturing June 1, 2031.

“additional $25 million in aggregate principal amount of the Notes (together with the “Initial Notes,” the “Notes”), bringing the total aggregate principal amount of the Notes to $250 million. On June 2, 2026, the Company completed the private offering of the Notes. The Notes are senior unsecured obligations of the Company. The net proceeds from this offering were”
Material Agreements

PEABODY ENERGY CORP entered into Indenture with Wilmington Trust, National Association valued at $250 million (effective 2026-06-02).

“Convertible Notes and the Indenture On May 28, 2026, Peabody Energy Corporation (the “Company” or “Peabody”) priced its private offering of $225 million in aggregate principal amount of 0.50% Convertible Senior Notes due 2031 (the “Initial Notes”).”

Joe W. Laymon resigned as Director at PEABODY ENERGY CORP.

“On May 20, 2026, Joe W. Laymon notified the Board of Directors (the “Board”) of Peabody Energy Corporation (the “Company”) of his decision to resign from the Board for personal health reasons , vacating his roles as a member of the Compensation Committee and Nominating and Corporate Governance Committee, effective immediately.”
Shareholder Votes

PEABODY ENERGY CORP shareholders approved Ratification of appointment of Ernst & Young LLP as independent registered public accounting firm for 2026 at the 2026-05-07 meeting.

“4. The vote to ratify the appointment of Ernst & Young LLP as our independent registered public accounting firm for 2026 was as follows: FOR AGAINST ABSTAIN BROKER NON-VOTE 102,341,512 1,249,591 86,603 N/A”
Shareholder Votes

PEABODY ENERGY CORP shareholders approved Approval of Peabody Energy Corporation 2026 Incentive Plan at the 2026-05-07 meeting.

“3. The vote to approve the 2026 Incentive Plan was as follows: FOR AGAINST ABSTAIN BROKER NON-VOTE 86,289,993 1,245,353 235,627 15,906,733”
Shareholder Votes

PEABODY ENERGY CORP shareholders approved Advisory vote to approve named executive officers' compensation at the 2026-05-07 meeting.

“2. The vote to approve, on an advisory basis, the named executive officers’ compensation was as follows: FOR AGAINST ABSTAIN BROKER NON-VOTE 85,941,173 1,477,363 352,437 15,906,733”
Shareholder Votes

PEABODY ENERGY CORP shareholders approved Election of ten directors for a one-year term at the 2026-05-07 meeting.

“1. Elect ten directors for a one-year term: NOMINEES FOR AGAINST ABSTAIN BROKER NON-VOTE Bob Malone 85,763,616 1,947,648 59,709 15,906,733 M. Katherine Banks 87,069,705 642,139 59,129 15,906,733 Andrea E. Bertone 86,305,853 1,404,722 60,398 15,906,733 William H. Champion 87,037,425 672,835 60,713 15,906,733 Nicholas J. Chirekos 86,605,647 1,102,682 62,644 15,906,733 Stephen E. Gorman 86,395,352 1,314,444 61,177 15,906,733 James C. Grech 87,055,447 645,081 70,445 15,906,733 Georganne M. Hodges 87,072,760 636,316 61,897 15,906,733 Joe W. Laymon 86,256,401 1,436,725 77,847 15,906,733 Clayton D. Walker 87,106,332 603,062 61,579 15,906,733”
Earnings Releases

PEABODY ENERGY CORP reported financial results for the first quarter of 2026.

“On May 5, 2026, Peabody Energy Corporation (“Peabody” or the “Company”) issued a press release setting forth Peabody’s first quarter 2026 financial results and providing guidance on selected second quarter and full-year 2026 targets.”
Governance Changes

PEABODY ENERGY CORP: Amended and restated bylaws effective October 14, 2025, with changes to director nomination procedures, special meeting submission requirements, meeting conduct, and addition of a severability provision (effective 2025-10-14).

“On October 14, 2025, the Board of Directors (the “Board”) of Peabody Energy Corporation (the “Company”) amended and restated the Company’s Second Amended and Restated By-laws (as amended, the “Amended and Restated By-laws”).”

Marc E. Hathhorn departed as other_named_officer at PEABODY ENERGY CORP.

“On October 14, 2024, Marc E. Hathhorn, one of the named executive officers of Peabody Energy Corporation (the “Company”), notified the Company of his intention to resign from the Company, effective October 31, 2024, to pursue other opportunities.”
Shareholder Votes

PEABODY ENERGY CORP shareholders approved Ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for 2024 at the 2024-05-09 meeting.

“4. Ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for 2024: For Against Abstentions Broker Non-Votes 102,565,954 2,229,459 75,817 0”
Shareholder Votes

PEABODY ENERGY CORP shareholders approved Approve, on an advisory basis, the frequency of holding future advisory votes to approve Peabody’s named executive officers’ compensation at the 2024-05-09 meeting.

“3. Approve, on an advisory basis, the frequency of holding future advisory votes to approve Peabody’s named executive officers’ compensation: 1 Year 2 Years 3 Years Abstentions Broker Non-Votes 75,464,87 221,579 5,328,237 432,427 23,424,115”
Shareholder Votes

PEABODY ENERGY CORP shareholders approved Approve, on an advisory basis, the compensation of the Company’s named executive officers at the 2024-05-09 meeting.

“2. Approve, on an advisory basis, the compensation of the Company’s named executive officers: For Against Abstentions Broker Non-Votes 79,561,348 1,486,282 399,485 23,424,115”
Shareholder Votes

PEABODY ENERGY CORP shareholders approved Elect nine directors for a one-year term at the 2024-05-09 meeting.

“1. Elect nine directors for a one-year term: Director For Against Abstentions Broker Non-Votes Bob Malone 79,939,808 1,413,636 93,671 23,424,115 M. Katherine Banks 80,716,749 639,548 90,818 23,424,115 Andrea E. Bertone 76,027,964 5,328,855 90,296 23,424,115 William H. Champion 80,725,451 630,065 91,599 23,424,115 Nicholas J. Chirekos 79,630,317 1,767,157 49,641 23,424,115 Stephen E. Gorman 78,509,269 2,843,475 94,371 23,424,115 James C. Grech 80,710,288 639,616 97,211 23,424,115 Joe W. Laymon 80,470,536 885,166 91,413 23,424,115”
Earnings Releases

PEABODY ENERGY CORP reported the first quarter of 2024 results: revenue $980 million, net income $45 million.

“the company expects to report first quarter revenue of $980 million; income from continuing operations, net of income taxes of $45 million”
Earnings Releases

PEABODY ENERGY CORP reported the quarter and year ended December 31, 2023 results: revenue $4,946.7 million, net income $759.6 million, EPS $5.00 per diluted share.

“quarter. Peabody had Adjusted EBITDA 1 of $345.1 million in the fourth quarter of 2023 compared to $500.5 million in the fourth quarter of 2022. Full-year 2023 revenue totaled $4,946.7 million compared to $4,981.9 million in the prior year. Full-year 2023 net income attributable to common stockholders totaled $759.6 million, or $5.00 per diluted share, compared to”
Material Agreements

PEABODY ENERGY CORP entered into Credit Agreement with PNC Bank, National Association, as administrative agent, and the lenders party thereto valued at $320,000,000 (effective 2024-01-18).

“Peabody Energy Corporation (the “Company”) established a new revolving credit facility with a maximum aggregate principal amount of $320,000,000 in revolving commitments by entering into that certain Credit Agreement, dated as of January 18, 2024”
Governance Changes

PEABODY ENERGY CORP: Amended by-laws to clarify director nominations, universal proxy rules, stockholder meeting adjournment, and make administrative changes (effective 2023-12-04).

“On December 4, 2023, the Board of Directors (the "Board") of Peabody Energy Corporation (the "Company") approved and adopted the Company’s Second Amended and Restated By-Laws (the "By-Laws"), which became effective immediately.”
Material Agreements

PEABODY ENERGY CORP entered into Put and Call Option Deed with Stanmore SMC Pty Ltd valued at Alternate Transaction would involve the Buyer acquiring all of the Wards Well Tenements, and subleas (effective 2023-10-26).

“To facilitate the pathway of the Alternate Transaction if the Acquisition Conditions are not satisfied within 12 months, the Buyer and Stanmore also entered into a put and call option deed (the “Put and Call Option Deed”), dated as of October 26, 2023.”
Material Agreements

PEABODY ENERGY CORP entered into Sale and Purchase Agreement with Stanmore SMC Pty Ltd valued at up-front purchase price of approximately $136,000,000 in addition to a contingent royalty of up to $ (effective 2023-10-25).

“On October 25, 2023, Peabody Energy Corporation, a Delaware corporation (the “Company”), entered into a definitive sale and purchase agreement (the “Sale and Purchase Agreement”), dated October 26, 2023, by and between Stanmore SMC Pty Ltd (“Stanmore”), a wholly-owned subsidiary of Stanmore Resources Limited and Peabody (Bowen) Pty Ltd, a wholly-owned subsidiary of the Company (“Buyer”).”
Earnings Releases

PEABODY ENERGY CORP reported third quarter of 2023 results: net income net income attributable to common stockholders of $119.9 million, or $0.82 per diluted share, EPS $0.82 per diluted share.

“Peabody (NYSE: BTU) today reported net income attributable to common stockholders of $119.9 million, or $0.82 per diluted share, for the third quarter of 2023, compared to $179.2 million, or $1.15 per diluted share in the second quarter.”

Dr. M. Katherine Banks was appointed as director at PEABODY ENERGY CORP.

“On October 16, 2023, Peabody Energy Corporation (the “ Company ”) issued a press release announcing the appointment of Dr. M. Katherine Banks to serve as a director of the Company”
Earnings Releases

PEABODY ENERGY CORP reported the second quarter of 2023 results: net income $179.2 million, EPS $1.15 per diluted share.

“Peabody (NYSE: BTU) today reported net income attributable to common stockholders of $179.2 million, or $1.15 per diluted share, for the second quarter of 2023”
Shareholder Votes

PEABODY ENERGY CORP shareholders approved Ratify the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for 2023 at the 2023-05-04 meeting.

“3. Ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for 2023: For Against Abstentions Broker Non-Votes 113,323,223 2,069,248 187,196 0”
Shareholder Votes

PEABODY ENERGY CORP shareholders approved Approve, on an advisory basis, the compensation of the Company's named executive officers at the 2023-05-04 meeting.

“2. Approve, on an advisory basis, the compensation of the Company’s named executive officers: For Against Abstentions Broker Non-Votes 76,478,328 5,094,235 974,934 33,032,170”
Shareholder Votes

PEABODY ENERGY CORP shareholders approved Elect nine directors for a one-year term at the 2023-05-04 meeting.

“1. Elect nine directors for a one-year term: Director For Against Abstentions Broker Non-Votes Bob Malone 77,745,820 4,693,523 108,154 33,032,170 Samantha B. Algaze 77,945,585 4,529,567 72,345 33,032,170 Andrea E. Bertone 72,843,688 9,597,053 106,756 33,032,170 William H. Champion 78,162,945 4,275,451 109,101 33,032,170 Nicholas J. Chirekos 77,963,409 4,462,643 121,445 33,032,170 Stephen E. Gorman 68,334,900 14,091,644 120,953 33,032,170 James C. Grech 78,147,554 4,289,367 110,576 33,032,170 Joe W. Laymon 78,086,980 4,349,823 110,694 33,032,170 David J. Miller 78,196,636 4,278,664 72,197 33,032,170”
Earnings Releases

PEABODY ENERGY CORP reported the first quarter of 2023 results: net income $268.5 million, or $1.68 per diluted share, EPS $1.68 per diluted share.

“On April 27, 2023, Peabody Energy Corporation (“Peabody” or the “Company”) issued a press release setting forth Peabody’s first quarter 2023 financial results and providing guidance on selected second quarter and full-year 2023 targets.”
Material Agreements

PEABODY ENERGY CORP terminated Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent, and the lenders party thereto (effective 2023-04-14).

“On April 14, 2023, the Company terminated its letter of credit facility and the Credit Agreement, dated as of January 29, 2021 (as amended, amended and restated, supplemented or otherwise modified from time to time, the “LC Agreement”), by and among the Company, as borrower, certain subsidiaries of the Company party thereto, JPMorgan Chase Bank, N.A., as administrative agent (the “Agent”), and the lenders party thereto (collectively, the “Lenders”).”
Material Agreements

PEABODY ENERGY CORP amended Amendment to Surety Transaction Support Agreement and Surety Term Sheet with certain providers of its surety program valued at combined maximum collateral cap of $722 million or 56 percent of the total bonding amount (effective 2023-04-14).

“On April 14, 2023, Peabody Energy Corporation (the “Company”) amended its surety program by entering into that certain Amendment to Surety Transaction Support Agreement and Surety Term Sheet (the “TSA Amendment”), which amends the Company’s Transaction Support Agreement and Surety Resolution Term Sheet, each dated as of November 6, 2020 (collectively, the “TSA”), by and among the Company, certain subsidiaries of the Company party thereto and certain providers of its surety program (collectively, the “Sureties”).”
Earnings Releases

PEABODY ENERGY CORP reported Year ended December 31, 2022 results: revenue 4,981.9 million, net income 1,297.1 million, EPS 8.31.

“Full-year 2022 revenue totaled $4,981.9 million compared to $3,318.3 million in the prior year. Full-year 2022 net income attributable to common stockholders totaled $1,297.1 million, or $8.31 per diluted share, compared to $360.1 million, or $3.22 per diluted share in the prior year.”
Earnings Releases

PEABODY ENERGY CORP reported Fourth quarter 2022 results: net income 632.0 million, EPS 3.92.

“Peabody (NYSE: BTU) today reported fourth quarter net income attributable to common stockholders of $632.0 million, or $3.92 per diluted share, compared to $513.0 million, or $3.93 per diluted share, in the prior year quarter.”
Material Agreements

PEABODY ENERGY CORP amended Ninth Amendment to the Sixth Amended and Restated Receivables Purchase Agreement with P&L Receivables Company, LLC; PNC Bank, National Association (as administrator); and other purchaser parties valued at $225,000,000 (effective 2023-02-13).

“On February 13, 2023, Peabody Energy Corporation (the “Company” or “Peabody”) amended its receivables purchase agreement (as previously amended, the “Receivables Purchase Agreement”) by entering into the Ninth Amendment to the Sixth Amended and Restated Receivables Purchase Agreement (the “RPA Amendment”), by and among P&L Receivables Company, LLC, the Company, the purchaser parties party thereto, PNC Bank, National Association, as administrator, and the other parties party thereto. Pursuant to the RPA Amendment, among other things, the purchase limit thereunder was increased from $175,000,000 to $225,000,000.”
Earnings Releases

PEABODY ENERGY CORP reported third quarter of 2022 results: net income net income attributable to common stockholders of $375.1 million, or $2.33 per diluted share, EPS $2.33 per diluted share.

“Peabody (NYSE: BTU) today reported net income attributable to common stockholders of $375.1 million, or $2.33 per diluted share, for the third quarter of 2022, compared to a net loss attributable to common stockholders of $44.2 million, or $0.38 per diluted share in the prior year quarter.”

Darren R. Yeates resigned as Director at PEABODY ENERGY CORP.

“On December 6, 2021, Darren R. Yeates resigned from the Board of Directors (the “ Board ”) of Peabody Energy Corporation (the “ Company ”), effective immediately.”

Marc Hathhorn was appointed as President – U.S. Operations at PEABODY ENERGY CORP.

“On October 11, 2021, the Company appointed Marc Hathhorn, the Company’s current President – Australian Operations, as the President – U.S. Operations of the Company, effective as of November 15, 2021.”

Kemal Williamson was terminated as President – U.S. Operations at PEABODY ENERGY CORP.

“On October 11, 2021, the Company notified Kemal Williamson, President – U.S. Operations of Peabody Energy Corporation (the “ Company ”) that his employment in this capacity will terminate effective as of November 15, 2021.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.