Form 4: Bally's Corp Director Jaymin B Patel Reports Stock Grant and Disposal
SEC Form 4 Filing
Director Jaymin B Patel reports acquisition of restricted stock and disposal of common stock in Bally's Corp.
Summary
- On May 15, 2025, Jaymin B Patel, a director of Bally's Corp, reported a transaction involving the company's stock.
- Patel acquired 18,450 shares of common stock.
- Patel disposed of 33,822 shares of common stock.
- Following the transaction, Patel directly owns 33,822 shares of Bally's Corp.
- The 18,450 shares reflect a grant of restricted stock that will vest on the earlier of the first anniversary of the date of grant or the 2026 annual meeting of shareholders, subject to continued service.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The restricted stock grant is subject to vesting conditions, including continued service through the vesting date, which is the earlier of the first anniversary of the grant date or the 2026 annual meeting of shareholders.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the holdings and transactions of company executives and directors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
- The stock grant may incentivize the director to continue serving the company.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of stock grant and disposal transaction. |
| 05/19/2025 | Date of signature on the Form 4 filing. |
Keywords
Bally's Corp, BALY, Jaymin B Patel, Director, Form 4, Stock Grant, Restricted Stock, Beneficial Ownership, SEC Filing
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