Form 4: Boyd Gaming Corp Director William S. Boyd Sells Shares
SEC Form 4
Director William S. Boyd of Boyd Gaming Corp sold a significant number of shares on March 6th and 7th, 2024.
Summary
- William S. Boyd, a Director at Boyd Gaming Corp, executed transactions involving the company's common stock on March 6th and 7th, 2024.
- On March 6th, 2024, Boyd sold 125,000 shares at a weighted average price of $63.78.
- On March 7th, 2024, Boyd sold another 125,000 shares at a weighted average price of $63.72.
- Following these transactions, Boyd's indirectly held beneficial ownership stands at 9,108,913 shares through the William S. Boyd Gaming Properties Trust, 4,004,000 shares through The WSB SS Irrevocable Trust, and 186,617 shares by spouse.
Sentiment
Score: 5
Explanation: Neutral sentiment as it is a standard disclosure of stock sales by a company director. The size of the sale is not large enough to indicate a strong negative or positive outlook.
Industry Context
This filing reflects insider trading activity, which is a common occurrence. Investors often monitor these filings to gauge sentiment among company insiders.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by shareholders, potentially leading to a slight decrease in stock price.
Key Dates
| Date | Description |
|---|---|
| 03/06/2024 | Sale of 125,000 shares of Common Stock at $63.78 |
| 03/07/2024 | Sale of 125,000 shares of Common Stock at $63.72 |
| 03/08/2024 | Date of signature for the Form 4 filing |
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.