Form 4: Bally's Corp Executive Marcus Glover Reports Stock Transactions

Marcus Glover, EVP and CFO of Bally's Corporation, reports the vesting of restricted stock units and subsequent share withholding for tax obligations.

Summary

• On March 1, 2024, Marcus Glover, the EVP and Chief Financial Officer of Bally's Corporation, had 9,331 restricted stock units vest.
• The company withheld 3,167 shares to cover tax obligations related to the vesting at a price of $10.68.
• Following these transactions, Glover directly owns 6,164 shares of common stock and 33,066 restricted stock units.
• These restricted stock units were granted on June 8, 2023, and vest in three tranches: 9,331 on March 1, 2024, and 16,533 on March 1, 2025 and 2026.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions, with no inherent positive or negative implications.

Future Outlook

The reporting person has additional restricted stock units that will vest in March 2025 and March 2026.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies.

Stakeholder Impact

• Shareholders may be interested in executive compensation and ownership levels.
• The vesting of restricted stock units is part of the executive's compensation package.

Key Dates