Bally's Corp (NYSE: BALY) insider group transfers 623,875 shares
Rhea-AI Filing Summary
Bally's Corp insider affiliates reported a significant share transfer. On 12/22/2025, a private investment vehicle managed by Standard General L.P. transferred 623,875 shares of Bally's common stock to a third party to repay approximately $11.5 million owed under a promissory note.
Following this transaction, Standard General, in its role as investment manager to private investment vehicles, is reported as beneficially owning 32,480,973 Bally's shares indirectly. Soohyung Kim, a director of Bally's and of entities related to Standard General, may be deemed to indirectly beneficially own these securities, although each reporting person disclaims beneficial ownership beyond their pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 623,875 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. A private investment vehicle managed by Standard General L.P. ("Standard General") transferred 623,875 shares of common stock of the Issuer to a third-party in repayment of approximately $11.5M owing under a promissory note held by the third-party.
- F2. These shares are beneficially owned by Standard General in its capacity as investment manager to private investment vehicles. Mr. Kim is a director of the general partner of the general partner of Standard General and Chief Investment Officer of Standard General, and in such capacities may be deemed to indirectly beneficially own the securities reported herein. Mr. Kim is also a director of the Issuer. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest in such shares, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
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