Reeves Robeson 4
Research Summary
AI-generated summary
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).