JOHNSON MARIANNE BOYD 4

What Happened

• Marianne Boyd Johnson, a reported 10% owner of Boyd Gaming Corp (BYD), received an award of 30,351 restricted share units (RSUs) that vested on 2026-06-30 (reported as vesting per footnote). To satisfy tax withholding related to her retirement as an officer, 30,823 shares were withheld/sold at $88.33 per share, generating proceeds/value of $2,722,596. The filing shows the award as transaction code A (award/grant) and the withholding as code F (payment of exercise price or tax liability).

Key Details

• Transaction dates: 2026-06-30 (award vesting and withholding)
• Award: 30,351 RSUs granted/vested at $0.00 (code A)
• Withholding/sale: 30,823 shares at $88.33, total $2,722,596 (code F)
• Filing date / report period: Form filed 2026-07-02 for period ending 2026-06-30
• Shares owned after transaction: Not specified in the provided excerpt of the filing
• Notable footnotes: footnotes state the RSUs vested as a result of the Reporting Person’s retirement as an officer effective Dec 31, 2025; multiple trusts and entities are listed through which beneficial interests are held (see filing). The reporting person disclaims beneficial ownership except to the extent of pecuniary interest.

Context

• This was an award vesting plus routine tax-withholding event, not an open-market purchase. Withholding/sale of shares to cover taxes is common when RSUs vest and does not by itself indicate a change in the insider’s market view.
• Marianne Boyd Johnson is disclosed as a 10% owner and as trustee/manager of several entities that hold or control shares; the filing reflects these relationships rather than an executive cash purchase or discretionary sale.