Form 4: Bally's Corp EVP, CFO Glover Receives Stock Award and Pays Taxes
SEC Form 4 Filing
Marcus Glover, EVP and CFO of Bally's Corporation, received a stock award of 10,959 shares and had 3,325 shares withheld for tax obligations on March 21, 2025.
Summary
- Marcus Glover, the EVP and Chief Financial Officer of Bally's Corporation, received a stock award on March 21, 2025.
- The award consisted of 10,959 fully vested shares of Bally's Corporation.
- Additionally, 3,325 shares were withheld to cover tax obligations related to the stock award.
- Following these transactions, Glover directly owns 26,370 shares of Bally's Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock awards, which is neutral in sentiment.
Positives
- The stock award to the CFO could be seen as a positive sign of confidence in the company's future performance.
Industry Context
This is a routine disclosure related to executive compensation and equity awards, common in publicly traded companies.
Stakeholder Impact
- The stock award could incentivize the CFO to work towards increasing shareholder value.
Key Dates
| Date | Description |
|---|---|
| 03/21/2025 | Reporting person was granted 10,959 fully vested shares of Bally's Corporation as a stock award and 3,325 shares were withheld to satisfy certain tax withholding obligations. |
| 03/25/2025 | Date of signature for the Form 4 filing. |
Keywords
Bally's Corporation, Marcus Glover, stock award, EVP, CFO, equity plan, Form 4, beneficial ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.