Bally's Corp (NYSE: BALY) insider group transfers 623,875 shares
Filing Impact
Filing Sentiment
Form Type
4
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
2 transactions reported
Mixed
2 txns
Insider
Kim Soohyung, Standard General L.P.
Role
Director, 10% Owner | 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 623,875 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 32,480,973 shares (Indirect, See Footnote);
Common Stock — 61,053 shares (Direct)
Footnotes (1)
- 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. 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.
FAQ
What insider transaction did Bally's Corp (BALY) report in this Form 4?
A private investment vehicle managed by Standard General L.P. transferred 623,875 shares of Bally's common stock to a third party in repayment of a promissory note.
Who are the key reporting persons in this Bally's Corp (BALY) insider filing?
The filing identifies Standard General L.P. as investment manager to private investment vehicles and Soohyung Kim as a director of the Issuer and of entities related to Standard General.
What is the relationship of the reporting persons to Bally's Corp (BALY)?
The filing identifies the reporting persons as a director and 10% owner with respect to Bally's Corp.