Form 4: Boyd Gaming CEO Keith Smith Sells 30,000 Shares
SEC Form 4 Filing
Boyd Gaming CEO Keith Smith sold 30,000 shares of company stock at an average price of $71.77 on November 19, 2024.
Summary
- Keith Smith, the President and CEO of Boyd Gaming Corp, sold 30,000 shares of common stock on November 19, 2024.
- The shares were sold at a weighted average price of $71.77, with individual trades ranging from $71.63 to $71.90.
- Following the transaction, Mr. Smith directly owns 1,131,202 shares of Boyd Gaming stock.
- Additionally, Mr. Smith indirectly owns 325 shares through his spouse.
Sentiment
Score: 5
Explanation: The document is a neutral report of an insider stock sale, with no indication of positive or negative sentiment.
Industry Context
This is a routine filing related to insider trading activity. It is common for executives to sell shares for personal financial management.
Comparison to Industry Standards
- Executive stock sales are a common occurrence in publicly traded companies.
- The sale by Keith Smith is within the normal range of insider transactions.
- It is typical for executives to have a significant portion of their compensation tied to company stock.
Stakeholder Impact
- The stock sale may have a minor impact on the share price, but is unlikely to have a significant effect on other stakeholders.
Key Dates
| Date | Description |
|---|---|
| 11/19/2024 | Date of the stock sale transaction. |
| 11/21/2024 | Date the form was signed by Uri Clinton, Attorney-in-Fact for Keith Smith. |
Keywords
Boyd Gaming, Keith Smith, stock sale, insider trading, executive transaction, BYD
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