Form 4: Bally's Corp Director Tracy S. Harris Reports Stock Grant and Tax Withholding

Director Tracy S. Harris reports receiving a stock grant and shares withheld for tax obligations related to vesting stock awards.

Summary

• On May 15, 2025, Tracy S. Harris, a director of Bally's Corporation, reported a transaction involving the company's common stock.
• Harris acquired 9,225 shares of restricted stock, which will vest on the earlier of the first anniversary of the grant date or the 2026 annual meeting of shareholders, contingent upon continued service.
• Additionally, 3,075 shares were withheld to cover tax obligations when 7,686 shares of stock awards vested on May 15, 2025, from a grant originally made on May 16, 2024.
• Following these transactions, Harris directly owns 13,836 shares of Bally's Corp common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.

Positives

• The grant of restricted stock to a director aligns their interests with those of the shareholders.
• Vesting is tied to continued service, incentivizing the director's ongoing commitment to the company.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The stock grant aligns the director's interests with shareholders.
• Tax withholding impacts the director's net compensation.

Key Dates

Keywords

Bally's Corp, Director, Stock Grant, Form 4, Beneficial Ownership, Tax Withholding, Vesting