Form 4: Boyd Gaming Director Sells 660 Shares in Open Market Transaction
SEC Form 4 Filing
Christine J. Spadafor, a director at Boyd Gaming Corp, sold 660 shares of common stock at $75.68 per share on December 12, 2024.
Summary
- Christine J. Spadafor, a director of Boyd Gaming Corp, sold 660 shares of the company's common stock on December 12, 2024.
- The sale was executed at a price of $75.68 per share.
- Following the transaction, Ms. Spadafor directly owns 5,977 shares of Boyd Gaming Corp.
- The transaction was a single trade at the specified price.
Sentiment
Score: 5
Explanation: The document is a neutral disclosure of a stock sale by a director, with no indication of positive or negative sentiment.
Industry Context
This is a routine disclosure of a transaction by a company insider, which is common in the gaming industry and does not indicate any specific trend or event.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies, including those in the gaming sector like Las Vegas Sands (LVS) and MGM Resorts International (MGM).
- These filings are required by the SEC to ensure transparency in insider trading activities.
- The sale by Ms. Spadafor is similar to other insider transactions reported by directors and officers of comparable companies.
Stakeholder Impact
- The sale of shares by a director may have a minor impact on shareholder sentiment, but is unlikely to have a significant effect on the company's operations or financial position.
Key Dates
| Date | Description |
|---|---|
| 12/12/2024 | Date of the stock sale transaction. |
| 12/16/2024 | Date the Form 4 was signed. |
Keywords
Boyd Gaming Corp, insider trading, stock sale, Form 4, director, BYD, equity securities
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