NEW ROYAL HOLDCO I INC. (GDEN) director exits stake in merger settlement
Rhea-AI Filing Summary
NEW ROYAL HOLDCO I INC. director Ann Dozier reported equity award settlements and share dispositions tied to the company’s merger transactions. She exercised 5,643 restricted stock units into common stock, then those shares were disposed to the issuer for cash based on the closing stock price on the Equity Award Settlement Date under a Master Transaction Agreement with VICI Properties Inc.
On the following day, she disposed of an additional 51,556 shares of common stock of the successor entity in the reorganization and merger. Each share was exchanged for 0.902 shares of VICI Properties Inc. stock, with cash paid in lieu of fractional shares. After these transactions, she held 0 shares of the issuer’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 51,556 shares
Net Sell
4 txns
Insider
Dozier Ann
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 51,556 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 5,643 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,643 | $0.00 | $0.00 |
| Disposition | Common Stock | 5,643 | $28.55 | $161K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 0 shares (Direct)
Footnotes (4)
- F1. Represents the accelerated vesting and cash settlement of the restricted stock units (''RSUs'') granted in February 2026 in accordance with the terms of the award agreement and that certain Master Transaction Agreement dated November 6, 2025 by and among the Issuer, Argento, LLC, VICI Properties Inc., and VICI Royal Merger Sub LLC, (the ''Master Transaction Agreement''). For Form 4 reporting purposes, each RSU converted to one share of common stock which was disposed to the Issuer in exchange for the closing stock price on the Equity Award Settlement Date as defined under the Master Transaction Agreement.
- F2. Represents the disposition of shares of common stock of the successor entity to the Issuer, in the reorganziation and merger involving the Issuer, under and in accordance with the Master Transaction Agreement. Each share of common stock was exchanged for 0.902 shares of VICI Properties Inc., with cash paid in lieu of fractional shares.
- F3. RSUs represent a contingent right to receive shares of common stock, that convert into common stock on a one-for-one basis upon vesting, and have no expiration date.
- F4. The outstanding RSUs vested in full on the Equity Award Settlement Date in accordance with the terms of the Master Transaction Agreement.
Key Figures
RSUs exercised: 5,643 units
Shares disposed in merger exchange: 51,556 shares
Exchange ratio: 0.902 shares
+1 more
4 metrics
RSUs exercised
5,643 units
Restricted stock units converted into common stock under Master Transaction Agreement
Shares disposed in merger exchange
51,556 shares
Common stock of successor entity exchanged in reorganization and merger
Exchange ratio
0.902 shares
Each common share exchanged for 0.902 VICI Properties Inc. shares
Holdings after transactions
0 shares
Total NEW ROYAL HOLDCO I INC. common stock held following reported transactions
Key Terms
restricted stock units, Master Transaction Agreement, Equity Award Settlement Date, disposition of shares, +1 more
5 terms
restricted stock units financial
"Represents the accelerated vesting and cash settlement of the restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Master Transaction Agreement financial
"that certain Master Transaction Agreement dated November 6, 2025 by and among the Issuer, Argento, LLC, VICI Properties Inc., and VICI Royal Merger Sub LLC"
A master transaction agreement is a single, standing contract that lays out the general rules, responsibilities and pricing for multiple related deals between the same parties, so each new transaction can proceed quickly without renegotiating core terms. For investors it matters because it reduces legal and execution risk, clarifies future cash flows and obligations, and makes it easier to assess ongoing business relationships—like having a regular rental lease instead of signing a new lease each month.
Equity Award Settlement Date financial
"closing stock price on the Equity Award Settlement Date as defined under the Master Transaction Agreement"
reorganization and merger financial
"successor entity to the Issuer, in the reorganziation and merger involving the Issuer, under and in accordance with the Master Transaction Agreement"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Ann Dozier report at GDEN?
Ann Dozier reported the exercise of 5,643 restricted stock units into common stock and subsequent issuer dispositions of those shares plus 51,556 additional shares, all in connection with a merger under a Master Transaction Agreement.
Does Ann Dozier still hold NEW ROYAL HOLDCO I INC. (GDEN) stock?
According to the Form 4, after the reported transactions Ann Dozier held 0 shares of NEW ROYAL HOLDCO I INC. common stock. The dispositions and merger exchange eliminated her reported direct common stock position in the issuer.
How were Ann Dozier’s restricted stock units treated in the GDEN merger?
Her outstanding restricted stock units vested in full on the Equity Award Settlement Date under the Master Transaction Agreement. Each RSU converted to one share of common stock, which was then disposed to the issuer for cash based on the closing stock price.