Form 4: Everi Holdings Director, Debra Nutton, Acquires 10,500 Restricted Stock Units

Sentiment:

SEC Filing


Debra Nutton, a director of Everi Holdings Inc., was granted 10,500 restricted stock units on May 6, 2025, which will vest on the first anniversary of the grant date.

Summary

  • On May 6, 2025, Debra Nutton, a director of Everi Holdings Inc., acquired 10,500 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 6, 2026, which is the first anniversary of the grant date.
  • Vested shares will be delivered to Nutton on the earliest of several events: May 6, 2035; her death; a Change in Control; or six months following her separation from service, subject to qualifying conditions.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The granting of restricted stock units to a director is a common practice and suggests confidence in the company's future.

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 the first anniversary of the grant date, and the shares will be delivered upon the occurrence of certain events.

Industry Context

This is a standard practice for aligning the interests of company directors with those of shareholders through equity-based compensation.

Stakeholder Impact

  • The acquisition of restricted stock units by a director can positively influence shareholder confidence.

Key Dates

DateDescription
05/06/2025Date of transaction: Debra Nutton acquired 10,500 restricted stock units.
05/06/2026Vesting date of the restricted stock units.
05/08/2025Date of signature on the Form 4 filing.
05/06/2035One of the dates on which vested shares will be delivered to the reporting person.

Keywords

restricted stock units, Form 4, beneficial ownership, Everi Holdings Inc., Debra Nutton, director, EVRI, acquisition

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