[144] Boyd Gaming Corporation SEC Filing

Rhea-AI Filing Summary

Boyd Gaming Corporation Form 144 filing shows a proposed sale of 100,000 common shares to be effected through Merrill Lynch (Lynbrook, NY) with an approximate sale date of 09/04/2025 and an aggregate market value of $8,658,298.00. The filer reports the shares were acquired as a gift on 01/08/2020 from Boyd Gaming Corporation, with a record of 221,669 shares acquired on that date. The filing also discloses a prior sale by the same account of 100,000 shares on 08/13/2025 generating $8,413,917.80 in gross proceeds. The notice includes the required representation that the seller has no undisclosed material adverse information.

Insights

Financial Analyst

TL;DR: A significant block sale (~$8.66M) is being reported; it documents liquidity events but contains no operating or earnings information.

The filing reports a proposed off-market sale of 100,000 common shares via a major broker, with an earlier 100,000-share sale in August 2025. For investors, this is a disclosure of insider/affiliate selling activity and recent realization of value, but the form contains no financial performance metrics or commentary on company operations. The size of the transaction is material in dollar terms but the filing alone does not indicate management intent or company-level impact.

Corporate Governance Expert

TL;DR: Proper Rule 144 disclosure is filed for a notable gift-originated position being sold; governance implications are limited without further context.

The document fulfills Rule 144 notice requirements by specifying class, broker, quantity, acquisition details (gift from the issuer on 01/08/2020) and recent prior sales. This provides transparency about insider-affiliated transfers and liquidity. It does not disclose the identity of the selling person in the designated field, nor provide any nonpublic corporate information. As a governance signal, it documents disposition but does not, by itself, imply impairment of governance or operational concerns.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
common	Merrill Lynch 266 Merrick Rd Suite 100 Lynbrook NY 11563	100000	8658298.00	80184203	09/04/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	01/08/2020	Gift	Boyd Gaming Corporation		01/08/2020	221669	01/08/2020	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Marianne Boyd Gaming Properties Trust 6465 S Rainbow Blvd Fl 4 Las Vegas NV 89118	Boyd Gaming Corporation	08/13/2025	100000	8413917.80

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)