4/A: Marianne Boyd Johnson Corrects Form 4 Filing, Reports Sale of Boyd Gaming Corp Shares

Marianne Boyd Johnson, Executive Chairman of Boyd Gaming Corp, files an amended Form 4 to correct the number of shares sold on August 29, 2024, and to accurately reflect direct and indirect holdings.

Summary

• Marianne Boyd Johnson, Executive Chairman of Boyd Gaming Corp, filed an amended Form 4 (4/A) with the SEC.
• The amendment corrects a previous filing from August 30, 2024, regarding a transaction on August 29, 2024.
• The correction pertains to the number of shares of Boyd Gaming Corp common stock sold.
• The original filing incorrectly reported the sale of 73,130 shares; the corrected number is 26,870 shares.
• The sale was executed in multiple trades at prices ranging from $60.00 to $60.47, with a weighted average sale price of $60.23.
• Following the reported transaction, Johnson directly owns 33,494 shares.
• Johnson also indirectly owns shares through various trusts, limited liability companies, and a limited partnership, totaling millions of shares.
• The filing clarifies the nature of indirect beneficial ownership through these entities.
• Johnson disclaims beneficial ownership of securities except for those owned directly or through pecuniary interest in trusts or entities.
• The filing was signed by Uri Clinton, attorney-in-fact for Marianne Boyd Johnson, on September 3, 2024.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't contain overtly positive or negative information about the company's performance, but the correction itself might raise minor concerns about initial reporting accuracy.

Negatives

• The original Form 4 filing contained an error regarding the number of shares sold, requiring an amendment.

Management Comments

• The reporting person expressly disclaims beneficial ownership of any securities of the Issuer except for those securities that are owned directly by the Reporting Person or to the extent of the Reporting Person's pecuniary interest in a trust or other entity which owns such securities.

Industry Context

This filing is a routine disclosure related to insider trading activities, which are common in publicly traded companies. It provides transparency to investors regarding the transactions of company executives.

Stakeholder Impact

• The corrected filing ensures accurate information is available to shareholders regarding insider transactions.
• The correction of the number of shares sold provides clarity to investors.

Key Dates