[8-K] Cabot Corporation Reports Material Event
Boyd Gaming Corp. (BYD) filed a Form 4 on 08/04/2025 disclosing that Chief Administrative Officer Stephen S. Thompson sold 15,906 common shares on 08/01/2025 at a weighted-average price of $83.25 (trade range $83.60–$82.75), generating proceeds of roughly $1.3 million.
Post-sale holdings equal 38,609 shares held directly and 47,125 shares held indirectly through the Stephen S. & Debra L. Thompson Trust (12/17/2015). No derivative security activity or 10b5-1 plan was reported.
The transaction reduces Thompson’s direct ownership but he maintains a combined stake of 85,734 shares, continuing material equity exposure to BYD.
Boyd Gaming Corp. (BYD) ha presentato un Modulo 4 il 04/08/2025, rivelando che il Chief Administrative Officer Stephen S. Thompson ha venduto 15.906 azioni ordinarie il 01/08/2025 a un prezzo medio ponderato di 83,25 $ (intervallo di negoziazione 83,60–82,75 $), generando proventi di circa 1,3 milioni di dollari.
Dopo la vendita, le partecipazioni risultano essere di 38.609 azioni detenute direttamente e 47.125 azioni detenute indirettamente tramite lo Stephen S. & Debra L. Thompson Trust (17/12/2015). Non sono state segnalate attività su strumenti derivati né piani 10b5-1.
La transazione riduce la proprietà diretta di Thompson, ma egli mantiene una partecipazione complessiva di 85.734 azioni, continuando ad avere un'esposizione azionaria significativa in BYD.
Boyd Gaming Corp. (BYD) presentó un Formulario 4 el 04/08/2025, revelando que el Director Administrativo Stephen S. Thompson vendió 15.906 acciones comunes el 01/08/2025 a un precio promedio ponderado de 83,25 $ (rango de negociación 83,60–82,75 $), generando ingresos aproximados de 1,3 millones de dólares.
Después de la venta, las participaciones son de 38.609 acciones en propiedad directa y 47.125 acciones en propiedad indirecta a través del Stephen S. & Debra L. Thompson Trust (17/12/2015). No se reportaron actividades con valores derivados ni planes 10b5-1.
La transacción reduce la propiedad directa de Thompson, pero mantiene una participación combinada de 85.734 acciones, continuando con una exposición accionaria significativa en BYD.
Boyd Gaming Corp. (BYD)는 2025년 8월 4일에 Form 4를 제출하여 최고행정책임자(CAO) Stephen S. Thompson이 2025년 8월 1일에 일반주식 15,906주를 가중평균가격 83.25달러(거래 범위 83.60–82.75달러)에 매도하여 약 130만 달러의 수익을 올렸음을 공개했습니다.
매도 후 보유 주식은 직접 보유 38,609주와 Stephen S. & Debra L. Thompson Trust (2015년 12월 17일 설립)를 통한 간접 보유 47,125주입니다. 파생상품 거래나 10b5-1 계획 보고는 없었습니다.
이번 거래로 Thompson의 직접 소유 지분은 줄었지만, 총 85,734주를 보유하며 BYD에 대한 중요한 주식 노출을 유지하고 있습니다.
Boyd Gaming Corp. (BYD) a déposé un formulaire 4 le 04/08/2025, révélant que le directeur administratif Stephen S. Thompson a vendu 15 906 actions ordinaires le 01/08/2025 à un prix moyen pondéré de 83,25 $ (fourchette de négociation 83,60–82,75 $), générant un produit d'environ 1,3 million de dollars.
Après la vente, les avoirs s'élèvent à 38 609 actions détenues directement et 47 125 actions détenues indirectement via le Stephen S. & Debra L. Thompson Trust (17/12/2015). Aucune activité sur titres dérivés ou plan 10b5-1 n'a été signalée.
La transaction réduit la détention directe de Thompson, mais il conserve une participation combinée de 85 734 actions, maintenant une exposition significative au capital de BYD.
Boyd Gaming Corp. (BYD) reichte am 04.08.2025 ein Formular 4 ein, in dem offengelegt wurde, dass der Chief Administrative Officer Stephen S. Thompson am 01.08.2025 15.906 Stammaktien verkauft hat zu einem gewichteten Durchschnittspreis von 83,25 $ (Handelsspanne 83,60–82,75 $), wodurch Erlöse von etwa 1,3 Millionen Dollar erzielt wurden.
Nach dem Verkauf hält er 38.609 Aktien direkt und 47.125 Aktien indirekt über den Stephen S. & Debra L. Thompson Trust (17.12.2015). Es wurden keine Aktivitäten mit Derivaten oder 10b5-1-Plänen gemeldet.
Die Transaktion verringert Thompsons direkte Beteiligung, doch er hält weiterhin eine Gesamtbeteiligung von 85.734 Aktien und behält somit eine wesentliche Aktienexposure bei BYD.
- Executive retains 85,734 shares, indicating continued equity alignment with shareholders.
- Timely, detailed disclosure demonstrates adherence to SEC reporting requirements.
- Sale of 15,906 shares worth about $1.3 M reduces the CAO’s direct stake by roughly 29%, a potentially negative sentiment signal.
Insights
TL;DR: CAO sells ~$1.3 M in BYD stock; modestly negative insider signal.
The 15,906-share sale at $83.25 trims Stephen Thompson’s direct stake by nearly 29%. While he still owns 85.7 K shares, insider sales—even routine—are often interpreted as a short-term caution flag. The absence of accompanying option exercise or 10b5-1 plan suggests this was discretionary. Trade size (~$1.3 M) is immaterial to Boyd’s market cap but can weigh on sentiment, especially after BYD’s recent run-up to the low-$80s.
TL;DR: Filing shows compliant disclosure; ownership alignment remains intact.
The Form 4 was timely (within two business days) and includes weighted-average pricing per SEC guidance. Thompson retains significant direct and trust holdings, maintaining alignment with shareholders. No red flags on reporting quality or Rule 144 restrictions. Governance impact is neutral; investors should watch for pattern or multiple executive sales before drawing stronger conclusions.
Boyd Gaming Corp. (BYD) ha presentato un Modulo 4 il 04/08/2025, rivelando che il Chief Administrative Officer Stephen S. Thompson ha venduto 15.906 azioni ordinarie il 01/08/2025 a un prezzo medio ponderato di 83,25 $ (intervallo di negoziazione 83,60–82,75 $), generando proventi di circa 1,3 milioni di dollari.
Dopo la vendita, le partecipazioni risultano essere di 38.609 azioni detenute direttamente e 47.125 azioni detenute indirettamente tramite lo Stephen S. & Debra L. Thompson Trust (17/12/2015). Non sono state segnalate attività su strumenti derivati né piani 10b5-1.
La transazione riduce la proprietà diretta di Thompson, ma egli mantiene una partecipazione complessiva di 85.734 azioni, continuando ad avere un'esposizione azionaria significativa in BYD.
Boyd Gaming Corp. (BYD) presentó un Formulario 4 el 04/08/2025, revelando que el Director Administrativo Stephen S. Thompson vendió 15.906 acciones comunes el 01/08/2025 a un precio promedio ponderado de 83,25 $ (rango de negociación 83,60–82,75 $), generando ingresos aproximados de 1,3 millones de dólares.
Después de la venta, las participaciones son de 38.609 acciones en propiedad directa y 47.125 acciones en propiedad indirecta a través del Stephen S. & Debra L. Thompson Trust (17/12/2015). No se reportaron actividades con valores derivados ni planes 10b5-1.
La transacción reduce la propiedad directa de Thompson, pero mantiene una participación combinada de 85.734 acciones, continuando con una exposición accionaria significativa en BYD.
Boyd Gaming Corp. (BYD)는 2025년 8월 4일에 Form 4를 제출하여 최고행정책임자(CAO) Stephen S. Thompson이 2025년 8월 1일에 일반주식 15,906주를 가중평균가격 83.25달러(거래 범위 83.60–82.75달러)에 매도하여 약 130만 달러의 수익을 올렸음을 공개했습니다.
매도 후 보유 주식은 직접 보유 38,609주와 Stephen S. & Debra L. Thompson Trust (2015년 12월 17일 설립)를 통한 간접 보유 47,125주입니다. 파생상품 거래나 10b5-1 계획 보고는 없었습니다.
이번 거래로 Thompson의 직접 소유 지분은 줄었지만, 총 85,734주를 보유하며 BYD에 대한 중요한 주식 노출을 유지하고 있습니다.
Boyd Gaming Corp. (BYD) a déposé un formulaire 4 le 04/08/2025, révélant que le directeur administratif Stephen S. Thompson a vendu 15 906 actions ordinaires le 01/08/2025 à un prix moyen pondéré de 83,25 $ (fourchette de négociation 83,60–82,75 $), générant un produit d'environ 1,3 million de dollars.
Après la vente, les avoirs s'élèvent à 38 609 actions détenues directement et 47 125 actions détenues indirectement via le Stephen S. & Debra L. Thompson Trust (17/12/2015). Aucune activité sur titres dérivés ou plan 10b5-1 n'a été signalée.
La transaction réduit la détention directe de Thompson, mais il conserve une participation combinée de 85 734 actions, maintenant une exposition significative au capital de BYD.
Boyd Gaming Corp. (BYD) reichte am 04.08.2025 ein Formular 4 ein, in dem offengelegt wurde, dass der Chief Administrative Officer Stephen S. Thompson am 01.08.2025 15.906 Stammaktien verkauft hat zu einem gewichteten Durchschnittspreis von 83,25 $ (Handelsspanne 83,60–82,75 $), wodurch Erlöse von etwa 1,3 Millionen Dollar erzielt wurden.
Nach dem Verkauf hält er 38.609 Aktien direkt und 47.125 Aktien indirekt über den Stephen S. & Debra L. Thompson Trust (17.12.2015). Es wurden keine Aktivitäten mit Derivaten oder 10b5-1-Plänen gemeldet.
Die Transaktion verringert Thompsons direkte Beteiligung, doch er hält weiterhin eine Gesamtbeteiligung von 85.734 Aktien und behält somit eine wesentliche Aktienexposure bei BYD.
