[Form 4] GOLDEN ENTERTAINMENT, INC. Insider Trading Activity

Rhea-AI Filing Summary

GOLDEN ENTERTAINMENT, INC. director Terrence Wright reported equity compensation activity involving restricted stock units (RSUs) and common stock. He received a grant of 5,643 RSUs, each representing a contingent right to one share of common stock and scheduled to vest on May 22, 2027.

Wright also exercised previously granted time-based RSUs, which converted into common stock on a one-for-one basis, resulting in the acquisition of 15,482 shares of common stock at a price of $0.00 per share through derivative exercises. Following these conversions, he directly owned 77,098 shares of common stock, with additional RSU-related shares accruing via dividend equivalents that follow the original vesting conditions.

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

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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^*

Wright Terrence

(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)	65,908	D
Common Stock	02/27/2026		M		5,375	A	(1)	71,283	D
Common Stock	02/27/2026		M		5,815	A	(1)	77,098	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 Terrence Wright report on this Form 4?

Terrence Wright reported receiving a grant of 5,643 restricted stock units and exercising previously granted RSUs that converted into 15,482 shares of common stock at $0.00 per share, all held directly, as part of his equity compensation.

How many restricted stock units did Terrence Wright receive from Golden Entertainment (GDEN)?

Terrence Wright received a grant of 5,643 restricted stock units. Each unit represents a contingent right to receive one share of Golden Entertainment common stock, subject to time-based vesting conditions that determine when the shares are actually delivered to him.

When do Terrence Wright’s new Golden Entertainment RSUs vest?

The time-based restricted stock units reported by Terrence Wright that have not been forfeited are scheduled to vest on May 22, 2027. Vesting must occur before the RSUs convert into common stock and become fully owned shares in his account.

How many Golden Entertainment common shares did Terrence Wright acquire through RSU vesting?

Through exercises and conversions of previously granted restricted stock units, Terrence Wright acquired 15,482 shares of Golden Entertainment common stock. These transactions were recorded at a price of $0.00 per share, reflecting equity compensation rather than an open-market stock purchase.

What is Terrence Wright’s reported Golden Entertainment common stock ownership after these transactions?

After the RSU exercises and conversions, Terrence Wright directly owned 77,098 shares of Golden Entertainment common stock. This figure reflects his holdings immediately following the last reported transaction on the Form 4 for the stated transaction date.

How do Golden Entertainment RSUs reported by Terrence Wright convert into common stock?

The restricted stock units convert into Golden Entertainment common stock on a one-for-one basis. Each RSU represents a contingent right to receive one common share, typically upon satisfaction of the time-based vesting conditions described in the award terms and footnotes.

What are dividend equivalents on Golden Entertainment RSUs mentioned in Terrence Wright’s filing?

Dividend equivalents are additional shares credited in connection with RSU awards when dividends are paid on common stock. For Wright’s time-based RSUs granted on May 23, 2025, these extra shares follow the same vesting schedule and conditions as the original RSU grants.