Form 4: Bally's Corp Executive Marcus Glover Reports Stock Transactions
SEC Form 4 Filing
EVP and CFO of Bally's Corporation, Marcus Glover, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On March 1, 2025, Marcus Glover, EVP and CFO of Bally's Corporation, reported the vesting of 16,533 restricted stock units.
- The company withheld 5,168 shares to cover tax obligations related to the vesting.
- Following the transaction, Glover directly owns 11,365 shares of common stock.
- The restricted stock units were part of a grant from June 8, 2023, with remaining units scheduled to vest in March 2026.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the financial interests of company executives.
Stakeholder Impact
- The vesting of restricted stock units impacts the ownership structure of the company.
Key Dates
| Date | Description |
|---|---|
| June 8, 2023 | Reporting person was granted 42,397 restricted stock units. |
| March 1, 2024 | 9,331 restricted stock units vested. |
| March 1, 2025 | 16,533 shares of Bally's Corporation restricted stock units vested; company withheld 5,168 shares for tax obligations. |
| March 1, 2026 | 16,533 restricted stock units will vest. |
| March 4, 2025 | Date of signature for the Form 4 filing. |
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