BALY.NYSEBally's CORP

Form 4: Bally's Corp Executive Receives Stock Award and Disposes of Shares for Tax Obligations

Sentiment:

SEC Form 4 Filing

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Lee Kim Barker, EVP and Chief Legal Officer of Bally's Corporation, received a stock award and disposed of shares to cover tax obligations on March 21, 2025.

Summary

  • On March 21, 2025, Lee Kim Barker, the EVP and Chief Legal Officer of Bally's Corporation, received 9,644 fully vested shares as a stock award under the company's equity plan.
  • On the same day, 2,926 shares were withheld to satisfy tax obligations related to the stock award.
  • Following these transactions, Barker directly owns 15,875 shares of Bally's Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects standard executive compensation practices. There are no explicit positive or negative implications for the company's performance.

Positives

  • The stock award to the EVP and Chief Legal Officer could be seen as a positive sign of confidence in the company's future.

Industry Context

This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies.

Stakeholder Impact

  • The stock award could have a minor positive impact on employee morale.

Key Dates

DateDescription
03/21/2025Reporting person was granted 9,644 fully vested shares of Bally's Corporation as a stock award.
03/21/20252,926 shares withheld to satisfy certain tax withholding obligations in connection with the grant.
03/25/2025Date of signature for the Form 4 filing.

Keywords

Bally's Corp, Lee Kim Barker, stock award, Form 4, equity plan, beneficial ownership, tax withholding

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