Welcome to our dedicated page for Golden Entrtnmnt SEC filings (Ticker: GDEN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Golden Entertainment, Inc. (GDEN) uses its SEC filings to provide detailed information about its gaming and hospitality operations, financial performance, and corporate transactions. As a company with common stock registered under Section 12(b) of the Exchange Act and listed on NASDAQ, Golden files periodic reports and current reports that are central to understanding its business and the proposed changes to its capital structure.
Golden Entertainment’s Form 10-K and Form 10-Q filings (not reproduced here) typically present segment information for Nevada Casino Resorts, Nevada Locals Casinos, Nevada Taverns, and Corporate and Other, along with revenue breakdowns across gaming, food and beverage, rooms, and other categories. These filings also expand on topics such as debt arrangements, liquidity, and the company’s use of Adjusted EBITDA as a non-GAAP performance metric.
The company’s Form 8-K current reports are especially important for tracking material events. On November 6, 2025, Golden filed multiple 8-Ks: one reporting entry into a Master Transaction Agreement with Argento, LLC, VICI Properties Inc., and a VICI subsidiary, and others furnishing earnings releases for the third quarter of 2025 and describing the related transaction press release. The transaction 8-K outlines a pre-closing restructuring, the sale of operating assets, a sale-leaseback of certain casino real estate assets, and a merger in which Golden shareholders are expected to receive a cash distribution and VICI shares, with Golden’s NASDAQ listing ending after completion.
Through Stock Titan’s interface, users can review Golden Entertainment’s real-time EDGAR updates, including 8-Ks related to earnings, material agreements, and transaction steps, as well as proxy materials and registration statements associated with the proposed merger and sale-leaseback. AI-powered summaries help explain key terms in complex documents, such as the Master Transaction Agreement, tax and indemnity arrangements, and conditions to closing, so readers can more quickly understand how these filings affect Golden Entertainment’s corporate structure, shareholder consideration, and future trading status.
Golden Entertainment, Inc. reported that SVP of Accounting Viktoryia G. Pulliam received several equity-related awards and adjustments on February 27, 2026. She was granted 2,388 and 2,814 restricted stock units (RSUs), each representing a right to receive one share of common stock on a one-for-one basis. Additional time-based RSUs previously granted vested and converted into 268, 300, and 1,095 shares of common stock, all at a stated price of $0.00 per share. The filing also shows 743 common shares, valued at $28.90 per share, were disposed of to satisfy minimum statutory income tax withholding obligations upon RSU vesting, rather than through an open-market sale.
Golden Entertainment President and CFO Charles Protell reported multiple equity compensation transactions in the form of restricted stock units (RSUs) and related common stock. On February 27, 2026, he received RSU awards of 40,890 and 37,115 units, each representing a right to receive one share of common stock.
Several earlier RSU grants vested and were exercised into common stock in tranches of 8,758, 18,204, 11,780 and 14,436 shares, all at a stated price of $0.00 per share. To satisfy minimum statutory income tax withholding on the vesting, 21,025 common shares were withheld at $28.90 per share, reducing his directly held common stock to 582,932 shares.
Golden Entertainment EVP of Operations Blake L. Sartini II reported multiple equity award transactions involving restricted stock units (RSUs) and common stock on February 27, 2026. He received RSU grants of 23,874 units and 21,668 units, each representing a contingent right to one share of common stock, including time-based RSUs vesting in thirds in 2027, 2028, and 2029 and performance-based units earned from a 2025 grant.
The filing also shows several RSU conversions into common stock through derivative exercises, increasing his directly held common shares to 181,589 before a tax-related share withholding. A total of 11,123 common shares were disposed of at $28.90 per share to cover minimum statutory income tax withholding upon RSU vesting, leaving 170,466 directly held common shares.
Separately, 250,000 common shares are reported as indirectly held by D'Oro Holdings, LLC, an entity in which Mr. Sartini II has a pecuniary interest but no investment control following his prior resignation as manager and trustee of related family trusts.
Golden Entertainment, Inc. Chairman and CEO Blake L. Sartini reported several equity compensation transactions. On February 27, 2026, he received two grants of restricted stock units totaling 130,424 units, including time-based RSUs and shares earned under prior performance stock units. Multiple RSU awards vested and were converted into common stock, increasing his directly held common shares to 271,413, while 35,720 common shares were withheld at $28.90 per share to cover tax obligations. An additional 5,644,788 common shares are held indirectly through the Blake L. and Delise F. Sartini Family Trust.
Golden Entertainment, Inc. reports on a transformative plan to sell its operating assets to Chairman and CEO Blake L. Sartini and affiliates and seven casino real estate assets to VICI Properties Inc. Golden shareholders are expected to receive 0.902 shares of VICI common stock plus a cash dividend of $2.75 per Golden share at closing. VICI will assume and repay up to $426 million of senior secured credit facilities and lease the casino real estate back to a new Sartini-controlled entity under a master lease. The transaction, targeted to close in mid 2026, requires gaming and liquor regulatory approvals and majority shareholder approval and is subject to customary conditions.
Golden currently operates eight Nevada casino properties and 72 branded taverns across three segments, with 5,512 slot machines, 78 table games and 6,002 hotel rooms as of December 31, 2025. The company has streamlined its portfolio through prior sales of Rocky Gap Casino Resort and its distributed gaming operations in Montana and Nevada, while adding six acquired taverns. It employed approximately 4,900 team members at year-end 2025, down 8% from 2024 due to cost-savings and efficiency measures at Nevada casino resorts. Golden highlights extensive regulatory, competitive, economic, cybersecurity, environmental and labor-related risks, and emphasizes responsible gaming, community giving of over $1.7 million in 2025, and ongoing investments in human capital, including upgraded HR systems and training.
Golden Entertainment reported weaker results for 2025, moving from profit to loss. Fourth quarter 2025 revenues were $155.6 million versus $164.2 million a year earlier, with a net loss of $8.5 million, or $(0.33) per share, compared to net income of $3.0 million, or $0.10 per diluted share.
For the full year 2025, revenues were $634.9 million versus $666.8 million in 2024. The company posted a net loss of $6.0 million, or $(0.23) per share, versus net income of $50.7 million, or $1.71 per diluted share, including a $10.2 million loss on disposal of assets. Full year Adjusted EBITDA declined to $140.0 million from $155.4 million.
The company paid a $0.25 per share cash dividend on January 6, 2026 and declared another $0.25 per share dividend payable April 1, 2026. Golden Entertainment highlighted its previously announced pending sale of operating assets to Chairman and CEO Blake L. Sartini and affiliates and certain real estate to VICI Properties Inc., after which its stock will be delisted and the company will become private. It will not host an earnings call this quarter.
Golden Entertainment has called a virtual special meeting in 2026 for shareholders to vote on a complex cash-and-stock going-private transaction. Under a Master Transaction Agreement signed November 6, 2025, Golden will first complete an internal reorganization separating its operating business and real estate.
OpCo Buyer, an entity controlled by CEO Blake Sartini, will buy 100% of the reorganized operating company for cash equal to $2.75 per share, which will be paid to shareholders as a dividend. The remaining holding company will then merge into a VICI subsidiary, with each Golden share converting into 0.902 VICI Properties common shares, plus cash for fractional shares, implying an agreed value of $30.00 per Golden share based on VICI’s 10‑day VWAP of $30.23 on November 5, 2025.
An independent board committee, advised by Macquarie Capital, unanimously found the deal fair to shareholders and recommends voting “FOR” the transaction, the advisory compensation, and adjournment proposals. Approval of the transaction proposal requires a majority of the voting power of outstanding shares; failure to vote or instruct a broker will effectively count as a vote against this proposal.
Golden Entertainment is asking shareholders to approve a complex, insider‑led transaction that splits its business and combines its real estate with VICI Properties. Before closing, Golden will restructure, then sell 100% of new operating company New OpCo to Argento, LLC, an entity controlled by CEO Blake Sartini, for cash used to fund a $2.75 per share dividend.
Immediately after that sale, the holding company will merge into a VICI subsidiary, and each Golden share will convert into 0.902 VICI common shares, with cash for fractional shares based on VICI’s 10‑day VWAP. Using a VICI price of $30.23 on November 5, 2025, the cash dividend plus stock consideration imply an agreed $30.00 per‑share value. As of December 2, 2025, 26,177,677 shares were outstanding, and directors and executives beneficially owned about 29%. An independent committee of disinterested directors unanimously deemed the deal fair and recommends voting FOR the transaction, advisory compensation and adjournment proposals.
BlackRock, Inc. filed an amended ownership report showing a significant stake in Golden Entertainment, Inc. common stock. As of the event date of 12/31/2025, BlackRock reports beneficial ownership of 2,897,414 shares, representing 11.1% of Golden Entertainment’s outstanding common stock. BlackRock has sole power to vote 2,856,273 shares and sole power to dispose of 2,897,414 shares, with no shared voting or dispositive power.
The filing explains that these holdings reflect securities beneficially owned, or deemed beneficially owned, by certain business units of BlackRock and its subsidiaries, and that various underlying clients have rights to dividends or sale proceeds, with no single client holding more than five percent of the total outstanding common shares. BlackRock also certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Golden Entertainment.
Golden Entertainment, Inc. is asking shareholders to approve a going‑private transaction structured as a sale of its operating company and a merger with an affiliate of VICI Properties Inc. Shareholders are expected to receive a cash dividend of $2.75 per share plus VICI common stock at a fixed exchange ratio of 0.902 VICI share for each Golden share, which the companies state corresponds to an agreed value of $30.00 per Golden share based on VICI’s 10‑day VWAP of $30.23 on November 5, 2025.
The deal involves a pre‑closing reorganization, an OpCo sale to Argento, LLC (controlled by CEO Blake Sartini), and a merger in which Golden becomes a subsidiary of VICI. An Independent Committee of disinterested directors, advised by Macquarie Capital, unanimously determined the transaction is fair to shareholders and recommends voting “FOR” all proposals at the remote‑only special meeting.