Eaton Craig L 4
Research Summary
AI-generated summary
Bally's (BALY) Senior VP Craig L. Eaton Receives Award
What Happened
Craig L. Eaton, Senior Vice President & Secretary of Bally's Corporation (BALY), received 7,028 shares on March 23, 2026 when performance-based units vested. The shares were issued at $0 cost as an award. To satisfy tax withholding obligations, 3,187 of those shares were retained by the company at a withholding value of $12.11 per share (totaling $38,595).
Key Details
- Transaction dates: March 23, 2026 (award vesting and tax withholding); Form 4 filed March 25, 2026. Filing was timely.
- Reported transactions: A (award/acquisition) — 7,028 shares acquired at $0.00; F (tax withholding) — 3,187 shares disposed/withheld at $12.11 for $38,595.
- Original grant: 8,267 performance units were granted (eligible to vest based on 2025 performance); 7,028 units vested.
- Shares owned after the transaction: not disclosed in the supplied filing.
- Notes: The 3,187-share transaction reflects tax withholding (routine), not an open-market sale.
Context
This was a performance-unit vesting and related tax-withholding event (common executive compensation). The award increases the insider's holdings but the company’s withholding reduced the net shares delivered. Such awards are compensation-driven and do not necessarily indicate insider buying or selling for investment reasons.