[144] Boyd Gaming Corporation SEC Filing

Rhea-AI Filing Summary

Boyd Gaming Corporation (BYD) disclosed a proposed sale of 100,000 common shares to be handled through Merrill Lynch on the NYSE with an approximate sale date of 08/13/2025. The filing lists the aggregate market value of the shares to be sold as $8,413,917.80 against 80,184,203 shares outstanding, indicating the position offered represents a small fraction of the company’s total shares.

The shares were originally acquired by gift on 01/08/2020 from Boyd Gaming Corporation, with an acquisition amount reported as 221,669 shares. The filer reports no securities sold in the past three months and includes the standard representation that the seller is not aware of undisclosed material adverse information about the issuer.

Positive

• No securities sold in the past three months as reported in the filing
• Full acquisition history provided (acquired by gift on 01/08/2020), supporting transparency

Negative

• Planned sale of 100,000 common shares valued at $8,413,917.80, which may be viewed negatively by some investors

Insights

Securities Analyst

TL;DR Insider plans to sell 100,000 BYD shares (~$8.41M); size is small relative to total shares outstanding.

The filing shows an insider or related party intends to offer 100,000 common shares on the NYSE via Merrill Lynch, valued at $8.41 million. Against the reported 80,184,203 shares outstanding, this proposed sale equals roughly 0.12% of outstanding stock, suggesting limited direct pressure on float or valuation. The filer also reports no sales in the prior three months and that the shares were acquired by gift on 01/08/2020, which provides context on provenance but does not indicate broader corporate changes.

Corporate Governance Expert

TL;DR Routine Form 144 disclosure of an intended sale; governance disclosure standards are met but reveal little about company operations.

The notice complies with Rule 144 disclosure, naming the broker and giving acquisition details (gift from the company on 01/08/2020, 221,669 shares acquired). The statement that there are no undisclosed material adverse facts is standard. From a governance perspective, the filing is procedural and does not signal a change in management, control, or corporate policy based on the information provided.

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	8413917.80	80184203	08/13/2025	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

Nothing to Report

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)

FAQ

What did the Boyd Gaming (BYD) Form 144 disclose?

The filing discloses a proposed sale of 100,000 common shares on the NYSE via Merrill Lynch with an approximate sale date of 08/13/2025 and an aggregate market value of $8,413,917.80.

How many Boyd Gaming shares are outstanding according to the filing?

The filing reports 80,184,203 shares outstanding.

When and how were the shares being sold originally acquired?

The shares were acquired by gift on 01/08/2020 from Boyd Gaming Corporation, with an acquisition amount of 221,669 shares.

Has the filer sold any Boyd Gaming securities in the past three months?

The filing states Nothing to Report for securities sold during the past three months.

Which broker is handling the proposed sale for BYD shares?

The broker named in the filing is Merrill Lynch.