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Bally's Corp (BALY) CEO receives 32,144 shares after performance vesting

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Bally's Corp Chief Executive Officer Reeves Robeson reported equity compensation tied to 2025 performance goals. On March 23, 2026, 32,144 performance units vested based on Bally's financial and strategic results for the year ended December 31, 2025, and were settled in 32,144 shares of common stock.

The company retained 15,108 of these shares to cover tax withholding obligations, recorded as a disposition at $12.11 per share. After these transactions, Robeson directly holds 245,875 shares of Bally's common stock.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Reeves Robeson

(Last)(First)(Middle)
C/O BALLY'S CORPORATION
100 WESTMINSTER STREET

(Street)
PROVIDENCE RHODE ISLAND 02903

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Bally's Corp [ BALY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/23/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock03/23/2026A(1)32,144A$0260,983D
Common Stock03/23/2026F(2)15,108D$12.11245,875D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. On March 23 2026, the reporting person was granted 35,715 performance units eligible to vest at target levels of performance (with vesting of more or less shares possible based on actual performance) based on the extent to which certain financial and other strategic goals were met for the year ended December 31, 2025. Based on the performance of Bally's Corporation (the "Company") against the applicable goals, 32,144 performance units subject to such criteria vested on March 23, 2026, resulting in the issuance of 32,144 shares of the Company's common stock to the reporting person.
2. As described in footnote 1, on March 23, 2026, the reporting person became entitled to receive 32,144 shares of the Company's common stock. The Company retained 15,108 shares of Company common stock to satisfy certain tax withholding obligations in connection with the vesting.
Remarks:
/s/ Victoria Ellis, Attorney-In-Fact03/25/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Bally's Corp (BALY) CEO Reeves Robeson report?

Reeves Robeson reported equity compensation tied to performance units. On March 23, 2026, 32,144 performance units vested based on 2025 goals and were settled in 32,144 Bally's common shares, with part of the award used to satisfy tax withholding obligations.

How many Bally's Corp (BALY) shares vested to the CEO and why?

32,144 shares of Bally's common stock vested to the CEO. These shares came from performance units granted in 2025, which became eligible to vest based on how well specific financial and strategic goals were met for the year ended December 31, 2025.

Why did Bally's Corp retain 15,108 shares from the CEO’s award?

The company retained 15,108 shares to cover tax withholdings. When the 32,144 performance units vested on March 23, 2026, Bally's kept 15,108 shares of common stock to satisfy required tax obligations related to the vesting of the award.

What is Reeves Robeson’s Bally's Corp (BALY) share ownership after these transactions?

After the reported transactions, Reeves Robeson directly owns 245,875 shares. This figure reflects the vested performance shares credited to him on March 23, 2026, minus the portion of shares the company withheld to meet associated tax liabilities.

What were the original performance units granted to the Bally's CEO?

Robeson was originally granted 35,715 performance units. These units were eligible to vest at target performance levels, with actual vesting of more or fewer shares depending on how Bally's met its specified financial and strategic objectives for the 2025 performance year.

How were Bally's Corp 2025 performance goals linked to the CEO’s share vesting?

The vesting was tied to financial and strategic goals for 2025. The 35,715 performance units could vest based on how Bally's met certain financial and other strategic targets, resulting in 32,144 units vesting on March 23, 2026.
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