Sartini Blake L II 4

What Happened

• Blake L. Sartini II, EVP of Operations at Golden Entertainment (GDEN), converted vested restricted stock units/PSUs and received derivative awards on Feb 27, 2026. The filing shows conversions (exercise/conversion of derivatives) totaling 27,419 shares and new grants/awards totaling 45,542 RSU/PSU units.
• To satisfy minimum statutory income tax withholding on the vesting, 11,123 shares were withheld/disposed at $28.90 per share, generating proceeds of $321,455. The other conversions/grants are reported as derivative acquisitions or zero-dollar disposals consistent with RSU/PSU vesting mechanics.

Key Details

• Transaction date: February 27, 2026.
• Reported tax-withholding disposal: 11,123 shares at $28.90 = $321,455 (code F — tax withholding).
• Conversions/exercises reported (code M): 4,240; 8,811; 5,940; 8,428 (total 27,419 shares).
• Grants/awards reported (code A): 23,874 and 21,668 RSUs (total 45,542 RSU/PSU units).
• Shares owned after transaction: not specified in the provided data.
• Notable footnotes: RSUs/PSUs convert one-for-one into common stock (F1, F4); shares were withheld to satisfy statutory tax withholding upon vesting (F2); some awards are time-based or performance-based with future vesting schedules (F5–F7); certain RSUs shown as vested (F8).
• Filing timeliness: filed February 27, 2026 (no late filing indicated in provided information).

Context

• This appears to be a standard vesting/settlement event (conversion of RSUs/PSUs) with a sell-to-cover/tax-withholding rather than an open-market sale or purchase. Such withholding is common and generally routine to satisfy tax obligations on vested equity awards.
• For retail investors: these transactions reflect compensation vesting and tax withholding, not a discretionary sale indicating a view on the company’s stock.