Boyd Gaming CEO sells 100,000 shares at $85.90

Boyd Gaming President and CEO Keith Smith reported an open-market sale of 100,000 shares of Common Stock at an average price of $85.90 per share.

Rhea-AI Filing Summary

Boyd Gaming President and CEO Keith Smith reported an open-market sale of 100,000 shares of Common Stock at an average price of $85.90 per share. After this transaction, he directly owns 996,981 shares and has indirect ownership of 325 shares held by his spouse.

The sale on June 3, 2026 was executed in multiple trades at prices ranging from $86.52 to $85.01, according to the disclosure footnote.

Insider Trade Summary

Net Seller: 100,000 shares

Net Sell 2 txns

Insider SMITH KEITH

Role President and CEO

Sold 100,000 shs ($8.59M)

Type	Security	Shares	Price	Value
Sale	Common Stock	100,000	$85.90	$8.59M
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 996,981 shares (Direct); Common Stock — 325 shares (Indirect, By Spouse)

Footnotes (1)

1. F1. This transaction was executed in multiple transactions ranging from $86.52 to $85.01.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.

Key Figures

Shares sold: 100,000 shares Average sale price: $85.90 per share Direct holdings after sale: 996,981 shares +2 more

5 metrics

Shares sold 100,000 shares Open-market sale of Boyd Gaming common stock on June 3, 2026

Average sale price $85.90 per share Price for 100,000 Boyd Gaming shares sold

Direct holdings after sale 996,981 shares Keith Smith’s direct Boyd Gaming common stock position following the transaction

Indirect holdings 325 shares Boyd Gaming shares held indirectly by spouse

Trade price range $86.52–$85.01 per share Range of individual trade prices on June 3, 2026

Key Terms

open-market sale, indirect ownership, Common Stock, Form 4, +1 more

5 terms

open-market sale financial

"transaction_action: "open-market sale" for 100,000 shares of Common Stock"

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.

indirect ownership financial

"ownership_type: "indirect" with nature_of_ownership: "By Spouse""

Common Stock financial

"security_title: "Common Stock" for both direct and indirect positions"

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" described as "Sale in open market or private transaction""

FAQ

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

What insider transaction did BYD CEO Keith Smith report on this Form 4?

Keith Smith reported an open-market sale of 100,000 Boyd Gaming common shares at an average price of $85.90. The sale occurred on June 3, 2026 and was executed through multiple individual trades within a stated price range.

What is Keith Smith’s Boyd Gaming (BYD) share ownership after this transaction?

After the reported sale, Keith Smith directly owns 996,981 shares of Boyd Gaming common stock. He also has indirect ownership of 325 additional shares held by his spouse, as disclosed in the Form 4 ownership table.

At what prices were Keith Smith’s Boyd Gaming shares sold on June 3, 2026?

The Form 4 shows an average sale price of $85.90 per share for 100,000 shares. A footnote explains the sale was executed in multiple trades, with prices ranging from $86.52 down to $85.01 on that date.

How many Boyd Gaming (BYD) shares did Keith Smith sell in this Form 4 filing?

Keith Smith sold 100,000 shares of Boyd Gaming common stock in an open-market transaction. This sale is classified as a non-derivative transaction and is the only reported sale in the filing’s transaction summary data.

Does Keith Smith hold any Boyd Gaming shares indirectly according to this filing?

Yes. The Form 4 reports indirect ownership of 325 Boyd Gaming common shares held by his spouse. This indirect position is recorded separately from his direct holdings and reflects stock registered in the spouse’s name.

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

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Accepted by SEC EDGAR 06/04/2026 - 06:00 PM EDT Learn about SEC filing dates

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^*

SMITH KEITH

(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		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/03/2026		S		100,000	D	$85.9(1)	996,981	D
Common Stock								325	I	By Spouse

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction was executed in multiple transactions ranging from $86.52 to $85.01.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.

	/s/ Uri Clinton, attorney-in-fact for Keith Smith	06/04/2026
	** 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)