Standard General L.P. 4

4 · Bally's Corp · Filed Jun 3, 2026

AI-generated summary of this filing

Updated Jun 3, 2026

Bally's (BALY) Director Kim Soohyung Receives RSU Award

What Happened

Kim Soohyung, a director of Bally's Corp and reported as a 10% owner, was granted 32,877 restricted stock units (RSUs) on June 1, 2026 (transaction code A). The grant is recorded at $0.00 for reporting purposes because these are contingent derivative awards, not an open-market purchase or sale.

Key Details

Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (filed within the usual 2-business-day SEC window).
Award: 32,877 RSUs; report shows $0.00 per share (derivative award, not an immediate cash transaction).
Vesting: One-third vests March 1, 2027; one-third vests March 1, 2028; final one-third vests March 1, 2029, each subject to continued service.
Shares owned after transaction: Not specified in the provided filing details.
Footnote on ownership: The RSUs are beneficially owned by Standard General in its capacity as investment manager to private investment vehicles. Mr. Kim is a director and CIO of Standard General and may be deemed to indirectly beneficially own these securities; he disclaims beneficial ownership except to the extent of any pecuniary interest.

Context

These RSUs are derivative awards that represent a contingent right to receive one share per RSU upon vesting; they are not immediate stock purchases and do not indicate an immediate sale. Because Mr. Kim is associated with Standard General (a significant institutional holder) and also serves as a director, this filing reflects a grant tied to service and retention rather than an open-market insider trade.

Form 4

Period: 2026-06-01

Director10% Owner

Transactions

Award
Restricted Stock Units
[F2]
2026-06-01+32,877→ 32,877 total
→ Common Stock (32,877 underlying)

Holdings

Footnotes (2)

[F1]These shares are beneficially owned by Standard General L.P. ("Standard General") in its capacity as investment manager to private investment vehicles. Mr. Kim is a director of the general partner of the general partner of Standard General and Chief Investment Officer of Standard General, and in such capacities may be deemed to indirectly beneficially own the securities reported herein. Mr. Kim is also a director of the Issuer. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest in such shares, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
[F2]Each of these restricted stock units (the "RSUs"), which are granted pursuant to the Issuer's 2021 Equity Incentive Plan, represents a contingent right to receive one share of the Issuer's Common Stock. One-third of the RSUs vest on March 1, 2027, one-third vest on March 1, 2028, and the remaining one-third vest on March 1, 2029, in each case subject to Mr. Kim's continued service with the Issuer.

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