Form 4: Everi Holdings Director Linster W. Fox Exercises and Sells Shares
SEC Form 4 Filing
Director Linster W. Fox exercised stock options and sold 40,000 shares of Everi Holdings Inc. common stock on December 9, 2024.
Summary
- Linster W. Fox, a director at Everi Holdings Inc., exercised options to acquire 40,000 shares of common stock at a price of $1.57 per share on December 9, 2024.
- On the same day, Mr. Fox sold 40,000 shares of Everi Holdings Inc. common stock at a weighted average price of $13.48 per share.
- The sale of shares occurred in multiple transactions with prices ranging from $13.48 to $13.49.
- Following these transactions, Mr. Fox directly owns zero shares of Everi Holdings Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of insider trading activity, with no inherent positive or negative sentiment.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders who trade company stock. It provides transparency into the transactions of company directors.
Comparison to Industry Standards
- Form 4 filings are a standard practice for publicly traded companies in the United States, ensuring transparency of insider trading.
- The transactions are typical for directors who have vested stock options and choose to exercise and sell their shares.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding director trading activity.
Key Dates
| Date | Description |
|---|---|
| 05/11/2016 | Original grant date of the stock options that were exercised. |
| 12/09/2024 | Date of the stock option exercise and share sale. |
Keywords
Everi Holdings, stock options, insider trading, share sale, Form 4, Linster W. Fox, director
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.