Clinton Uri 4

What Happened
Clinton Uri, General Counsel & Secretary of Boyd Gaming (BYD), was awarded equity and had shares withheld to cover taxes. On Feb 19, 2026 he was granted 11,869 Restricted Stock Units (RSUs) for no cash consideration. On Feb 22, 2026, 11,586 Performance Share Units (PSUs) vested and were converted into shares (acquired at $0). Also on Feb 22, 2026, 9,499 shares were disposed at $86.20 per share to satisfy tax liabilities — proceeds (or the value of shares withheld) totaled $818,814. These transactions are routine compensation and tax withholding rather than an open-market sale for cash profit.

Key Details

• Transaction dates and prices:
  • 2026-02-19: Award of 11,869 RSUs @ $0.00 (grant)
  • 2026-02-22: Award/acquisition of 11,586 shares from vested PSUs @ $0.00
  • 2026-02-22: 9,499 shares disposed (tax withholding) @ $86.20 = $818,814
• Shares owned after transaction: Not disclosed in the filing.
• Footnotes:
  • F1: 11,869 RSUs awarded under the Issuer's 2020 Stock Incentive Plan; each RSU represents a contingent right to one share upon vesting and is subject to forfeiture/plan terms.
  • F2: 11,586 shares represent PSUs that vested on Feb 22, 2026.
  • Code F indicates shares were surrendered/used to pay tax withholding (common for vested awards).
• Filing timeliness: Report filed Feb 23, 2026 — appears to be timely relative to the reported transactions.

Context
RSUs are grants that convert to shares when they vest; PSUs are performance-based awards that vested here. The 9,499-share disposition was to cover tax obligations from the vesting event (a cashless/withholding transaction), which is standard and not necessarily a signal of insider sentiment. No open-market purchases were reported.