Bally's Corp·4

Mar 3, 5:40 PM ET

Eaton Craig L 4

Research Summary

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Updated

Bally's (BALY) SVP Craig L. Eaton Receives RSU Award; Shares Withheld

What Happened

  • Craig L. Eaton, Senior Vice President & Secretary of Bally's Corporation (BALY), had 8,267 restricted stock units (RSUs) vest on March 1, 2026. Those RSUs converted into 8,267 shares of common stock. The company retained 4,162 shares to satisfy tax-withholding obligations, valued at $14.22 per share for a total withholding of about $59,184. The net shares issued to Eaton were approximately 4,105 shares.
  • This was a routine vesting of awards (an A/M-type transaction for RSU conversion and withholding), not an open-market purchase or voluntary sale.

Key Details

  • Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (timely).
  • Vesting: 8,267 RSUs converted to 8,267 shares; 4,162 shares withheld for taxes at $14.22/share (total ~$59,184).
  • Net shares issued to insider: ~4,105 shares (8,267 vested − 4,162 withheld).
  • Footnotes: RSUs represent the right to one share each (F2). Awards came from grants on March 10, 2023 (7,143 RSUs vesting in thirds 2024–2026) and March 1, 2024 (17,657 RSUs vesting in thirds 2025–2027) (F3, F4). F1 explains the company retained shares to satisfy tax withholding.
  • Shares owned after the transaction: not stated in the filing.

Context

  • These entries reflect RSU vesting and routine tax withholding, not a discretionary sale or buy; withholding is a common way companies satisfy payroll tax obligations on vested awards.
  • For retail investors, vesting events are compensatory and don’t necessarily indicate insider confidence or a change in view.