{"filing":{"accession_number":"0001193125-26-252668","cik":"0001064728","ticker":"BTU","company_name":"PEABODY ENERGY CORP","form":"8-K","filing_date":"2026-06-02","report_date":null,"primary_document":"d112966d8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1064728/000119312526252668/d112966d8k.htm"},"events":[{"id":7453,"run_id":6551,"accession_number":"0001193125-26-252668","anchor_item_number":"1.01","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.88,"summary":"Peabody Energy completed a private offering of $250 million in convertible senior notes on June 2, 2026, with conversion rights at 26.0970 shares per $1,000 principal (32.5% premium to VWAP), creating potential equity dilution. The company used capped call transactions to hedge dilution and applied $388.8 million of proceeds to repurchase existing 2028 convertible notes.","company_name":"PEABODY ENERGY CORP","ticker":"BTU","filing_date":"2026-06-02","form":"8-K","submitted_at":null,"items":[{"id":3559,"accession_number":"0001193125-26-252668","item_number":"1.01","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"Peabody Energy completed a private offering of $250 million in convertible senior notes on June 2, 2026, with conversion rights that create potential equity dilution. While convertible debt is technically a debt issuance, the disclosure emphasizes the conversion mechanics (26.0970 shares per $1,000 principal, 32.5% premium to VWAP) and the company's use of capped call transactions to hedge dilution, which are hallmarks of dilutive equity issuances. The material use of proceeds ($388.8 million to repurchase existing 2028 convertible notes) and the equity-linked nature of the instrument support classification as dilutive_issuance rather than a generic debt transaction.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-03T02:16:19.808606+00:00","company_name":"","ticker":null,"filing_date":""},{"id":3560,"accession_number":"0001193125-26-252668","item_number":"2.03","item_title":null,"event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 2.03 discloses creation of a direct financial obligation, but the actual substance is incorporated by reference from Item 1.01 (Material Agreements). Without access to Item 1.01's content, the specific event type cannot be determined—it could be a debt issuance, acquisition financing, lease obligation, or other material arrangement. The materiality is clear (Item 2.03 is inherently material), but the precise classification requires the referenced Item 1.01 disclosure.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-03T02:16:19.808606+00:00","company_name":"","ticker":null,"filing_date":""},{"id":3561,"accession_number":"0001193125-26-252668","item_number":"3.02","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The filing discloses an unregistered sale of convertible notes under Section 4(a)(2) and Rule 144A, with explicit reference to shares of common stock issuable upon conversion. This is a classic dilutive issuance — a private placement of convertible securities that creates potential equity dilution. For a coal company like Peabody Energy, a convertible debt raise is material to investors assessing capital structure and future ownership dilution.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-03T02:16:19.808606+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":3559,"accession_number":"0001193125-26-252668","item_number":"1.01","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"Peabody Energy completed a private offering of $250 million in convertible senior notes on June 2, 2026, with conversion rights that create potential equity dilution. While convertible debt is technically a debt issuance, the disclosure emphasizes the conversion mechanics (26.0970 shares per $1,000 principal, 32.5% premium to VWAP) and the company's use of capped call transactions to hedge dilution, which are hallmarks of dilutive equity issuances. The material use of proceeds ($388.8 million to repurchase existing 2028 convertible notes) and the equity-linked nature of the instrument support classification as dilutive_issuance rather than a generic debt transaction.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-03T02:16:19.808606+00:00","company_name":"PEABODY ENERGY CORP","ticker":"BTU","filing_date":"2026-06-02"},{"id":3560,"accession_number":"0001193125-26-252668","item_number":"2.03","item_title":null,"event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 2.03 discloses creation of a direct financial obligation, but the actual substance is incorporated by reference from Item 1.01 (Material Agreements). Without access to Item 1.01's content, the specific event type cannot be determined—it could be a debt issuance, acquisition financing, lease obligation, or other material arrangement. The materiality is clear (Item 2.03 is inherently material), but the precise classification requires the referenced Item 1.01 disclosure.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-03T02:16:19.808606+00:00","company_name":"PEABODY ENERGY CORP","ticker":"BTU","filing_date":"2026-06-02"},{"id":3561,"accession_number":"0001193125-26-252668","item_number":"3.02","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The filing discloses an unregistered sale of convertible notes under Section 4(a)(2) and Rule 144A, with explicit reference to shares of common stock issuable upon conversion. This is a classic dilutive issuance — a private placement of convertible securities that creates potential equity dilution. For a coal company like Peabody Energy, a convertible debt raise is material to investors assessing capital structure and future ownership dilution.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-03T02:16:19.808606+00:00","company_name":"PEABODY ENERGY CORP","ticker":"BTU","filing_date":"2026-06-02"}]}