JOHNSON MARIANNE BOYD 4

What Happened

• Marianne Boyd Johnson, a reported 10% owner of Boyd Gaming Corp (BYD), received 2,347 shares on 2026-05-07 when restricted stock units (RSUs) fully vested and were converted to common stock. The Form 4 reports the award (transaction code A) at $0.00 per share (RSUs granted for no cash consideration under the 2020 Stock Incentive Plan).

Key Details

• Transaction date: 2026-05-07; Form 4 filed: 2026-05-11 (filed within required reporting window).
• Shares issued: 2,347; reported price: $0.00 per share (compensation issuance).
• Transaction code: A (grant/award/acquisition via RSU vesting). Footnote F1 confirms RSUs fully vested and one share issued per RSU on the grant date.
• Ownership after transaction: not specified in the filing.
• Ownership structure notes: multiple footnotes (F2–F8) show these securities are held or reported through trusts and entities (Marianne Boyd Johnson acts as trustee/manager for several entities). The reporting person disclaims beneficial ownership except as to direct holdings or pecuniary interests noted.

Context

• This was a compensation/award event (vested RSUs → shares), not an open-market purchase or sale, so it’s an issuance tied to compensation/plan terms rather than a trading signal. As a reported 10% owner with holdings through trusts/entities, these entries can be administrative and reflect plan-driven issuance rather than a change in investment intent.