Bally's EVP granted 37,672 RSUs
Barker Lee Kim reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Barker Lee Kim reported acquisition or exercise transactions in this Form 4 filing.
Bally's Corp executive Kim Barker Lee reported a new equity compensation award. On June 1, 2026, the EVP and Chief Legal Officer received a grant of 37,672 restricted stock units, each representing one share of Bally's common stock upon vesting.
The restricted stock units will vest in three equal installments on March 1, 2027, March 1, 2028, and March 1, 2029, according to the award agreement. Following the reported transactions, Barker Lee also holds 24,093 shares of Bally's common stock directly.
Insider Trade Summary
Grant/Award: 37,672 shares
Grant/Award
2 txns
Insider
Barker Lee Kim
Role
EVP, Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 37,672 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 37,672 contracts (Direct);
Common Stock — 24,093 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. On June 1, 2026, the reporting person was granted 37,672 restricted stock units which will vest in three equal installments on March 1, 2027, 2028 and 2029.
Key Figures
RSU grant size: 37,672 units
Underlying common shares: 37,672 shares
Common shares held: 24,093 shares
3 metrics
RSU grant size
37,672 units
Restricted stock units granted on June 1, 2026
Underlying common shares
37,672 shares
Common stock underlying the RSU award
Common shares held
24,093 shares
Direct common stock holdings following the reported transactions
Key Terms
Restricted Stock Unit, restricted stock unit agreement, vest
3 terms
Restricted Stock Unit financial
"On June 1, 2026, the reporting person was granted 37,672 restricted stock units..."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
restricted stock unit agreement financial
"in accordance with the terms of the reporting person's restricted stock unit agreement."
A restricted stock unit agreement is a written contract between a company and an individual that describes a promise to deliver company shares or cash later, subject to conditions such as time-based vesting or performance targets. Think of it like a timed gift: the recipient only receives the shares if they meet the agreed conditions. Investors care because these agreements create future share issuance, affect potential dilution, corporate expenses and incentives for insiders, and influence when insiders may sell shares.
vest financial
"which will vest in three equal installments on March 1, 2027, 2028 and 2029."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Bally's Corp (BALY) report in this Form 4 for Kim Barker Lee?
Bally's Corp reported that EVP and Chief Legal Officer Kim Barker Lee received 37,672 restricted stock units as equity compensation. Each unit represents one share of common stock, subject to vesting terms described in the reporting person’s restricted stock unit agreement.
How many restricted stock units did Kim Barker Lee receive from Bally's Corp (BALY)?
Kim Barker Lee received a grant of 37,672 restricted stock units from Bally's Corp. These units are a form of stock-based compensation that can convert into an equal number of Bally's common shares if the vesting conditions are met over time.
When do Kim Barker Lee’s Bally's (BALY) restricted stock units vest?
The 37,672 restricted stock units vest in three equal installments on March 1, 2027, March 1, 2028, and March 1, 2029. Vesting means portions of the award become earned over time, potentially converting into Bally's common stock if conditions are satisfied.
What does each restricted stock unit in Bally's Corp (BALY) represent for Kim Barker Lee?
Each restricted stock unit represents the right to receive one share of Bally's Corporation common stock upon vesting. The rights and conditions are governed by the restricted stock unit agreement, which specifies the vesting schedule and other applicable terms for the award.
AI-generated analysis. How Rhea-AI works. Not financial advice.
