Wright Terrence 4

What Happened Terrence Wright, a director of Golden Entertainment, reported multiple derivative conversions/exercises and an RSU award on 2026-02-27. The filing shows exercises/conversions of 4,292, 5,375 and 5,815 derivative units (total 15,482) that were also reported as disposed (all reported at $0). Separately, Wright was granted or recorded an acquisition of 5,643 restricted stock units (RSUs) reported at $0 (derivative award). No cash prices or proceeds are reported for the conversions/dispositions.

Key Details

• Transaction date: 2026-02-27; filing accession 0001043005-26-000002 (filed same day).
• Transaction codes: M = exercise/conversion of derivative; A = grant/award of derivative (RSUs).
• Counts: 3 conversions/exercises (4,292; 5,375; 5,815 shares) — each also listed as disposed; 1 grant of 5,643 RSUs.
• Prices/values: reported as $0 or N/A in the filing; no cash proceeds shown.
• Shares owned after transaction: not stated in the provided filing data.
• Footnotes: RSUs convert 1-for-1 into common stock; each RSU is a contingent right to one share. Some RSUs are time-based and vest on May 22, 2027; some RSUs reported had vested. Additional shares include dividend equivalents on RSUs granted May 23, 2025 that follow the original vesting schedule.
• Timeliness: Filing appears timely (transaction and report date 2026-02-27).

Context This filing records conversions/exercises of derivative securities and a new RSU award rather than an open-market buy or sale. The equal acquisition and disposal amounts at $0 in the filing can reflect net settlement or share surrender (commonly used to satisfy tax withholding or net issuance), but the filing does not specify the reason. For retail investors, awards and conversions are routine insider events; purchases are generally more informative about deliberate bullish bets.