Reeves Robeson 4
4 · Bally's Corp · Filed Mar 25, 2026
Research Summary
AI-generated summary of this filing
Bally's (BALY) CEO Reeves Robeson Receives Award; Tax Withholding
What Happened Reeves Robeson, CEO of Bally's Corporation, was issued 32,144 shares on March 23, 2026 upon vesting of performance units tied to 2025 performance. The shares were issued as an award (reported at $0.00 per share). To satisfy tax withholding obligations, the company retained (disposed of) 15,108 of those shares at $12.11 per share, a withholding value of approximately $182,958, leaving Robeson with a net 17,036 shares delivered.
Key Details
- Transaction date: March 23, 2026. Form 4 filed March 25, 2026 (timely filing).
- Award (Code A): 32,144 shares issued @ $0.00.
- Tax withholding (Code F): 15,108 shares withheld/disposed @ $12.11, value ≈ $182,958.
- Net shares delivered to the insider: 32,144 − 15,108 = 17,036 shares.
- Footnotes: F1 — 35,715 performance units were eligible at target; 32,144 vested based on 2025 results. F2 — 15,108 shares were retained by the company to satisfy tax withholding.
- Shares owned after the transaction: not specified in the provided filing extract.
Context This was a compensation-driven issuance (vesting of performance units) rather than an open-market purchase or a voluntary sale. The partial disposal reported here is a routine cashless tax-withholding action and should be interpreted as a compensation tax event, not necessarily a signal about the insider’s view of the stock. Transaction codes: A = award/acquisition; F = payment of exercise price or tax liability (withholding).
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-23+32,144→ 260,983 total - Tax Payment
Common Stock
[F2]2026-03-23$12.11/sh−15,108$182,958→ 245,875 total
Footnotes (2)
- [F1]On March 23 2026, the reporting person was granted 35,715 performance units eligible to vest at target levels of performance (with vesting of more or less shares possible based on actual performance) based on the extent to which certain financial and other strategic goals were met for the year ended December 31, 2025. Based on the performance of Bally's Corporation (the "Company") against the applicable goals, 32,144 performance units subject to such criteria vested on March 23, 2026, resulting in the issuance of 32,144 shares of the Company's common stock to the reporting person.
- [F2]As described in footnote 1, on March 23, 2026, the reporting person became entitled to receive 32,144 shares of the Company's common stock. The Company retained 15,108 shares of Company common stock to satisfy certain tax withholding obligations in connection with the vesting.