Form 4: Everi Holdings Director Acquires 10,700 Restricted Stock Units

Sentiment:

SEC Form 4 Filing


Debra Nutton, a director of Everi Holdings Inc., acquired 10,700 restricted stock units on May 1, 2024, which will vest on the first anniversary of the grant date.

Summary

  • On May 1, 2024, Debra Nutton, a director of Everi Holdings Inc., acquired 10,700 restricted stock units.
  • These restricted stock units represent a contingent right to receive one share of Everi Holdings Inc.'s common stock each.
  • The restricted stock units will vest on May 1, 2025, the first anniversary of the grant date.
  • The vested shares will be settled and delivered to the reporting person on the earliest of several events, including May 1, 2034, the reporting person's death, a change in control, or six months following separation from service, subject to qualifying conditions.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock units being granted to a director, which is neither particularly positive nor negative.

Positives

  • The acquisition of restricted stock units by a director signals confidence in the company's future performance.

Future Outlook

The restricted stock units will vest on May 1, 2025, and will be settled on the earliest of several events, including May 1, 2034, the reporting person's death, a change in control, or six months following separation from service, subject to qualifying conditions.

Industry Context

This filing is a routine disclosure of a director's acquisition of restricted stock units, a common form of executive compensation in publicly traded companies.

Stakeholder Impact

  • The acquisition of restricted stock units by a director could have a slightly positive impact on shareholder sentiment, as it indicates confidence in the company's future.

Key Dates

DateDescription
05/01/2024Date of transaction: Debra Nutton acquired 10,700 restricted stock units.
05/01/2025Vesting date of the restricted stock units.
05/01/2034One of the potential settlement dates for the vested shares.
05/02/2024Date of signature for the Form 4 filing.

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