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Golden Entertainment, Inc. (GDEN) director receives RSUs and common shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

GOLDEN ENTERTAINMENT, INC. director Andy Chien reported equity compensation activity involving restricted stock units and common stock. On February 27, 2026, he received a grant of 5,643 restricted stock units, each representing a contingent right to one share of common stock, which are time-based awards scheduled to vest on May 22, 2027.

On the same date, previously granted time-based restricted stock units vested and were exercised into common stock in three tranches of 4,292, 5,375, and 5,815 shares at a price of $0.00 per share. Following these conversions, Chien directly owned 19,112 shares of common stock. The filing notes that the equity awards include additional shares from dividend equivalents that follow the original vesting conditions.

Positive

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Negative

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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*
Chien Andy

(Last) (First) (Middle)
6595 S JONES BLVD

(Street)
LAS VEGAS NV 89118

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GOLDEN ENTERTAINMENT, INC. [ GDEN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 02/27/2026 M 4,292 A (1) 7,922 D
Common Stock 02/27/2026 M 5,375 A (1) 13,297 D
Common Stock 02/27/2026 M 5,815 A (1) 19,112 D
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
Restricted Stock Units (2) 02/27/2026 A 5,643 (3) (3) Common Stock 5,643 $0 5,643 D
Restricted Stock Units (2) 02/27/2026 M 4,292 (4) (4) Common Stock 4,292 $0 0 D
Restricted Stock Units (2) 02/27/2026 M 5,375 (4) (4) Common Stock 5,375 $0 0 D
Restricted Stock Units (2) 02/27/2026 M 5,815(5) (4) (4) Common Stock 5,815 $0 0 D
Explanation of Responses:
1. Restricted stock units convert into common stock on a one-for-one basis.
2. Each restricted stock unit represents a contingent right to receive one share of common stock.
3. Represents time-based RSUs. RSUs that have not been forfeited shall vest on May 22, 2027.
4. Represents time-based restricted stock units that vested.
5. Includes additional shares acquired since the date of the reporting person's last report through the issuance of a dividend equivalent on the time-based RSUs granted on May 23, 2025. Additional shares acquired through the dividend equivalent will follow the vesting schedule and conditions of the original grants.
Remarks:
/s/ Charles H. Protell, attorney-in-fact 02/27/2026
** 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.

FAQ

What insider transactions did GDEN director Andy Chien report?

Andy Chien reported equity compensation activity, including a grant of restricted stock units and the vesting of earlier RSUs into common stock. All transactions occurred on February 27, 2026 and were recorded at a price of $0.00 per share, reflecting compensation rather than open-market trades.

How many restricted stock units did GDEN grant to Andy Chien?

Andy Chien received a grant of 5,643 restricted stock units. Each unit represents a contingent right to one share of Golden Entertainment common stock. These time-based RSUs are scheduled to vest on May 22, 2027, assuming they are not forfeited under the plan’s terms.

When do Andy Chien’s new GDEN restricted stock units vest?

The newly granted restricted stock units for Andy Chien vest on May 22, 2027. These are time-based awards, meaning vesting depends on continued service. Any units not forfeited by that date will convert into an equal number of Golden Entertainment common shares.

How many GDEN common shares did Andy Chien receive from RSU vesting?

Previously granted restricted stock units vested into three blocks of common stock: 4,292 shares, 5,375 shares, and 5,815 shares. These conversions occurred at a price of $0.00 per share, reflecting the exercise of equity awards rather than cash purchases in the market.

What is Andy Chien’s GDEN common stock holding after these transactions?

After the reported transactions, Andy Chien directly owned 19,112 shares of Golden Entertainment common stock. This total reflects the conversion of vested restricted stock units into common shares on February 27, 2026, in addition to his prior directly held balance.

Do GDEN dividend equivalents affect Andy Chien’s reported holdings?

Yes. The report notes that additional shares were acquired through dividend equivalents on time-based RSUs granted on May 23, 2025. These dividend equivalent shares follow the same vesting schedule and conditions as the original restricted stock unit grants.
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