AI brief of an SEC Form 8-K · Peabody Energy (BTU)

Peabody Energy's COO Darren Yeates to shift to consulting role from February 2027

Neutral Impact 4 of 5 leadership Written later

Peabody Energy said its Executive Vice President and Chief Operating Officer, Darren R. Yeates, will move to a consulting agreement starting February 1, 2027, when his current employment contract expires, running through January 31, 2028. The move is part of the company's ongoing succession planning, and the filing sets out a fixed consulting fee that the company can end at any time.

Key points

  • Consulting agreement signed August 27, 2026; services begin February 1, 2027 and run through January 31, 2028
  • Minimum monthly consulting fee of $89,773, with up to 40 hours of services per month
  • Additional fee of $2,244 per hour for work beyond 40 hours in a month

The filing

CompanyPeabody Energy (BTU)
Form8-K, current report
Filed with the SECAug 28, 2026, 4:08 PM ET
Accession number0001064728-26-000059

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:55 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 28, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.