Does the Boyd Gaming (BYD) Form 4 show any insider share sales by Marianne Boyd Johnson?

The Form 4 does not report any open-market sales. It primarily records a non-cash acquisition of 2,347 shares through vested RSUs and updates of indirect and direct holdings across trusts, partnerships, and limited liability companies linked to Marianne Boyd Johnson.

Boyd Gaming chair receives 2,347 share award

Boyd Gaming Corp director and chairman Marianne Boyd Johnson reported an acquisition of common stock through a compensation award.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

Boyd Gaming Corp director and chairman Marianne Boyd Johnson reported an acquisition of common stock through a compensation award. On 2026-05-07, a grant of 2,347 Restricted Stock Units (RSUs) was made to her for no cash consideration under the company’s 2020 Stock Incentive Plan. The RSUs fully vested on the grant date, and one share of Boyd Gaming common stock was issued for each RSU to a trust for which she serves as trustee.

After this award, that trust holds 1,612,155 shares of Boyd Gaming common stock indirectly. The filing also lists additional indirect holdings through limited partnerships and limited liability companies, as well as 39,088 shares held directly in her name, indicating that this grant is a relatively small addition to her overall reported ownership.

Insider Trade Summary

Grant/Award: 2,347 shares

Grant/Award 8 txns

Insider JOHNSON MARIANNE BOYD

Role Chairman

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,347	$0.00	$0.00
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 1,683,192 shares (Indirect, By Trust*); Common Stock — 39,088 shares (Direct); Common Stock — 1,487,858 shares (Indirect, By Limited Partnership*); Common Stock — 9,904,000 shares (Indirect, By Limited Liability Company*)

Footnotes (8)

F1. The Restricted Stock Units ("RSUs") were granted to the Reporting Person for no consideration under Issuer's 2020 Stock Incentive Plan. The RSUs fully vested, and one share of Issuer common stock was issued for each RSU, on the date of grant.
F2. By Marianne Boyd Johnson as Trustee of the Marianne Boyd Johnson Gaming Properties Trust.
F3. By BG-00 Limited Partnership, of which the Marianne Boyd Gaming Properties Trust, of which the reporting person is the trustee, settlor and beneficiary, is the general partner thereof.
F4. By WSB-BYD, LLC, of which the reporting person is the Manager.
F5. By the Johnson Children's Trust Dated 6/24/96, Taylor J. Boyd, Trustee.
F6. By Marianne Boyd Johnson as Trustee of the Justin Boyd Education Trust Dated 11/1/99.
F7. By BG-SUB, LLC of which Marianne Boyd Johnson is the managing member thereof.
F8. By BYD-SST LLC, of which Marianne Boyd Johnson is the managing member thereof.

Key Figures

RSUs granted: 2,347 shares Grant price: $0.0000 per share Trust holdings after grant: 1,612,155 shares +3 more

6 metrics

RSUs granted 2,347 shares Restricted Stock Units granted and fully vested on 2026-05-07

Grant price $0.0000 per share RSUs granted for no consideration under 2020 Stock Incentive Plan

Trust holdings after grant 1,612,155 shares Common stock held indirectly by trust following RSU conversion

Direct holdings 39,088 shares Common stock held directly by Marianne Boyd Johnson

LP indirect holdings 1,487,858 shares Common stock held by BG-00 Limited Partnership

LLC indirect block 4,800,000 shares Common stock held by BG-SUB, LLC or similar LLC

Key Terms

Restricted Stock Units ("RSUs"), 2020 Stock Incentive Plan, non-derivative, indirect ownership, +1 more

5 terms

Restricted Stock Units ("RSUs") financial

"The Restricted Stock Units ("RSUs") were granted to the Reporting Person for no consideration..."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

2020 Stock Incentive Plan financial

"RSUs were granted ... for no consideration under Issuer's 2020 Stock Incentive Plan."

non-derivative financial

"transaction_type": "non-derivative" for the 2,347-share RSU-related acquisition."

indirect ownership financial

""ownership_type": "indirect" with nature of ownership listed as trusts and entities."

Limited Partnership financial

"By BG-00 Limited Partnership, of which the Marianne Boyd Gaming Properties Trust ... is the general partner."

A limited partnership is a legal business structure with two types of partners: at least one general partner who runs the business and bears full legal responsibility, and one or more limited partners who contribute money, share profits, and have liability capped at their investment. For investors, it matters because it separates control from financial exposure — like putting money into a store without managing it — and affects how returns, risks, taxes and transferability of ownership are handled.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Boyd Gaming (BYD) report for Marianne Boyd Johnson?

Boyd Gaming reported a grant of 2,347 Restricted Stock Units to chairman Marianne Boyd Johnson. The RSUs vested immediately, and one common share was issued for each unit as equity compensation under the 2020 Stock Incentive Plan.

How many Boyd Gaming (BYD) shares did Marianne Boyd Johnson acquire in this Form 4?

She acquired 2,347 shares of Boyd Gaming common stock through fully vested Restricted Stock Units. These shares were issued for no cash consideration and delivered to a trust associated with her, increasing that trust’s indirect holdings to 1,612,155 shares.

Were the Boyd Gaming (BYD) RSUs granted to Marianne Boyd Johnson part of a compensation plan?

Yes, the RSUs were granted under Boyd Gaming’s 2020 Stock Incentive Plan. The filing states they were received for no consideration, fully vested on the grant date, and converted into an equal number of common shares for the trustee-managed trust.

How are the newly acquired Boyd Gaming (BYD) shares for Marianne Boyd Johnson held?

The new shares are held indirectly by a trust where Marianne Boyd Johnson is trustee. The filing identifies this as the Marianne Boyd Johnson Gaming Properties Trust, which now reports ownership of 1,612,155 Boyd Gaming common shares after the RSU conversion.

What is Marianne Boyd Johnson’s direct Boyd Gaming (BYD) shareholding after this filing?

The Form 4 shows Marianne Boyd Johnson directly holding 39,088 Boyd Gaming common shares. In addition, several limited liability companies, limited partnerships, and trusts associated with her report separate indirect holdings in the company’s common stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Accepted by SEC EDGAR 05/11/2026 - 01:03 PM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

JOHNSON MARIANNE BOYD

(Last)

(First)

(Middle)

6465 S. RAINBOW BLVD.

(Street)

LAS VEGAS

NEVADA

89118

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BOYD GAMING CORP [ BYD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock								39,088	D
Common Stock	05/07/2026		A		2,347⁽¹⁾	D	$0⁽¹⁾	1,612,155	I	By Trust*⁽²⁾
Common Stock								1,487,858	I	By Limited Partnership*⁽³⁾
Common Stock								4,800,000	I	By Limited Liability Company*⁽⁴⁾
Common Stock								45,482	I	By Trust*⁽⁵⁾
Common Stock								25,555	I	By Trust*⁽⁶⁾
Common Stock								1,100,000	I	By Limited Liability Company*⁽⁷⁾
Common Stock								4,004,000	I	By Limited Liability Company*⁽⁸⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The Restricted Stock Units ("RSUs") were granted to the Reporting Person for no consideration under Issuer's 2020 Stock Incentive Plan. The RSUs fully vested, and one share of Issuer common stock was issued for each RSU, on the date of grant.

2. By Marianne Boyd Johnson as Trustee of the Marianne Boyd Johnson Gaming Properties Trust.

3. By BG-00 Limited Partnership, of which the Marianne Boyd Gaming Properties Trust, of which the reporting person is the trustee, settlor and beneficiary, is the general partner thereof.

4. By WSB-BYD, LLC, of which the reporting person is the Manager.

5. By the Johnson Children's Trust Dated 6/24/96, Taylor J. Boyd, Trustee.

6. By Marianne Boyd Johnson as Trustee of the Justin Boyd Education Trust Dated 11/1/99.

7. By BG-SUB, LLC of which Marianne Boyd Johnson is the managing member thereof.

8. By BYD-SST LLC, of which Marianne Boyd Johnson is the managing member thereof.

Remarks:

*The reporting person expressly disclaims beneficial ownership of any securities of the Issuer except for those securities that are owned directly by the Reporting Person or to the extent of the Reporting Person's pecuniary interest in a trust or other entity which owns such securities.

	/s/ Uri Clinton, attorney-in-fact for Marianne Boyd Johnson	05/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR