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