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Boyd Gaming (BYD) director sells 1,237 shares around $80.91

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Director Christine J. Spadafor of Boyd Gaming Corp reported an open-market sale of common stock. On May 13, 2026, she sold 1,237 shares of Boyd Gaming common stock at an average price of $80.91 per share. After this transaction, she directly holds 8,757 shares of the company’s common stock.

Positive

  • None.

Negative

  • None.
Insider SPADAFOR CHRISTINE J.
Role null
Sold 1,237 shs ($100K)
Type Security Shares Price Value
Sale Common Stock 1,237 $80.91 $100K
Holdings After Transaction: Common Stock — 8,757 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 1,237 shares Open-market sale on May 13, 2026
Sale price per share $80.91 per share Average price for reported sale
Shares held after transaction 8,757 shares Direct holdings after sale
Net shares sold 1,237 shares Net change in buy/sell activity in filing
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code "S" financial
""transaction_code": "S""
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
SPADAFOR CHRISTINE J.
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/13/2026S1,237(1)D$80.91(1)8,757D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This transaction was executed in multiple transactions ranging from $80.94 to $80.88 .The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Uri Clinton, as Attorney-in-Fact for Christine J. Spadafor05/14/2026
** Signature of Reporting PersonDate
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

FAQ

What insider transaction did BYD director Christine J. Spadafor report?

Christine J. Spadafor reported an open-market sale of Boyd Gaming common stock. She sold 1,237 shares at an average price of $80.91 per share on May 13, 2026, as disclosed in the Form 4 filing.

How many Boyd Gaming (BYD) shares did the director sell and at what price?

The director sold 1,237 shares of Boyd Gaming common stock. The reported average sale price was $80.91 per share, based on multiple transactions executed within a narrow price range on May 13, 2026.

How many Boyd Gaming (BYD) shares does the director hold after the sale?

After the reported sale, Christine J. Spadafor directly holds 8,757 shares of Boyd Gaming common stock. This figure reflects her position immediately following the 1,237-share open-market sale disclosed in the Form 4.

Was the BYD director’s trade a buy or a sell transaction?

The transaction was a sell. The Form 4 lists transaction code “S” and describes it as an open-market sale of 1,237 shares of Boyd Gaming common stock at an average price of $80.91 per share.

Did the BYD insider sale occur in multiple trades on the same day?

Yes. A footnote explains the sale was executed in multiple transactions ranging from $80.94 to $80.88 on May 13, 2026. The reported $80.91 price reflects the weighted average for those individual trades.