STOCK TITAN

Bally's Corp (BALY) CEO discloses RSU vesting and tax share withholding

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

Rhea-AI Filing Summary

Bally's Corporation reported an insider equity compensation event involving its Chief Executive Officer and director. On January 1, 2026, 35,714 restricted stock units in Bally's common stock vested. To cover tax withholding obligations related to this vesting, the company retained 16,786 shares, and the remaining shares increased the executive's directly owned common stock to 228,839 shares.

These restricted stock units were part of a grant of 72,574 units awarded on February 15, 2023, which vest in four scheduled installments ending with the January 1, 2026 tranche. Each unit delivers one share of Bally's common stock upon vesting under the terms of the award agreement.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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 RI 02903

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Bally's Corp [ BALY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/01/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 01/01/2026 M 35,714 A $0 245,625 D
Common Stock 01/01/2026 F(1) 16,786 D $16.52 228,839 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit (2) 01/01/2026 M 35,714 (3) (3) Common Stock 35,714 $0 0 D
Explanation of Responses:
1. On January 1, 2026, 35,714 shares of Bally's Corporation (the "Company") restricted stock units vested. The Company retained 16,786 shares on that date to satisfy certain tax withholding obligations in connection with the vesting.
2. Each restricted stock unit represents the right to receive one share of Bally's Corporation common stock upon vesting in accordance with the terms of the reporting person's restricted stock unit agreement.
3. On February 15, 2023, the reporting person was granted 72,574 restricted stock units which will vest in four installments: 16,874 on December 31, 2023, 3,111 on January 1, 2024, 16,875 on December 31, 2024 and 35,714 on January 1, 2026.
Remarks:
/s/ Victoria Ellis, Attorney-In-Fact 01/05/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did Bally's Corp (BALY) disclose in this Form 4?

The filing shows Bally's Corp's Chief Executive Officer and director had 35,714 restricted stock units vest into common stock on January 1, 2026, with part of the shares withheld to satisfy tax obligations.

How many Bally's Corp (BALY) shares vested and how many were withheld for taxes?

On January 1, 2026, 35,714 shares vested. The company retained 16,786 shares to satisfy tax withholding obligations, and the balance was added to the executive's directly owned shares.

What is the executive’s Bally's Corp (BALY) share ownership after this transaction?

Following the reported transactions, the executive directly owns 228,839 shares of Bally's Corporation common stock.

What was the origin of the 35,714 restricted stock units at Bally's Corp (BALY)?

These shares came from a grant of 72,574 restricted stock units awarded on February 15, 2023, scheduled to vest in four installments, with 35,714 units vesting on January 1, 2026.

How do restricted stock units work in this Bally's Corp (BALY) Form 4?

Each restricted stock unit represents the right to receive one share of Bally's Corporation common stock upon vesting, according to the terms of the restricted stock unit agreement.

What roles does the reporting person hold at Bally's Corp (BALY)?

The reporting person is disclosed as both a director and an officer, serving as Chief Executive Officer of Bally's Corporation.

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