Form 4: Boyd Gaming Director Christine J. Spadafor Sells Shares
SEC Form 4 Filing
Christine J. Spadafor, a director at Boyd Gaming Corp, sold 1,874 shares of common stock at a price of $53.38 on May 22, 2024.
Summary
- On May 22, 2024, Christine J. Spadafor, a director of Boyd Gaming Corp, sold 1,874 shares of the company's common stock.
- The sale was executed at a price of $53.38 per share.
- Following the transaction, Spadafor directly owns 6,637 shares and indirectly owns 2,338 shares through a trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider stock sale, which is neutral in sentiment.
Industry Context
This is a routine disclosure of insider trading activity. It is common for directors and officers of publicly traded companies to buy and sell shares of their company's stock. These transactions are closely monitored by regulators to prevent insider trading.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but the relatively small number of shares sold is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of transaction: Sale of 1,874 shares of common stock. |
| 05/29/2024 | Date of signature on the Form 4 filing. |
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