Hirsberg Josh 4

What Happened

• Josh Hirsberg, CFO & Treasurer of Boyd Gaming Corp (BYD), was awarded 16,024 restricted stock units (RSUs) and had 16,455 performance share units (PSUs) vest, for a total of 32,479 shares. To satisfy tax obligations, 16,918 shares were disposed (withheld) at $86.20 per share, generating proceeds of $1,458,332. The awards were granted/vested on Feb 19 and Feb 22, 2026, and the Form 4 was filed Feb 23, 2026.

Key Details

• Transaction dates: RSU award dated 2026-02-19; PSU vesting and withholding dated 2026-02-22; Form 4 filed 2026-02-23.
• Disposal: 16,918 shares withheld/disposed at $86.20/share for tax liability; total value $1,458,332.
• Awards: 16,024 RSUs granted for no cash consideration (subject to forfeiture and plan terms); 16,455 PSUs vested on Feb 22, 2026 (see footnotes F1, F2).
• Shares owned after transaction: not specified in the filing.
• Filing timeliness: filed the day after the vesting/withholding — appears timely (no late filing noted).
• Transaction codes: A = Award/Grant; F = payment of exercise price or tax liability (tax withholding).

Context

• The PSUs vested and RSUs were awarded as part of Hirsberg’s compensation; the disposed shares were used to cover tax obligations (a common administrative withholding), not an open-market sale signaling a liquidity-driven trade.
• For retail investors: such withholding/disposal transactions are routine following vesting and do not by themselves indicate the insider’s view of the company’s stock.