Form 4: Everi Holdings Director Paul Finch Jr. Acquires 10,700 Restricted Stock Units

Paul Finch Jr., a director at 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, Paul Finch Jr., 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 units will vest on May 1, 2025, the first anniversary of the grant date.
• The vested shares will be settled and delivered to Finch on the earliest of several events: May 1, 2034, Finch's death, a Change in Control, or six months following Finch's separation from service, subject to qualifying conditions.
• The transaction was reported on May 2, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of a director's stock unit acquisition, indicating alignment with the company's long-term performance but not necessarily a strong positive or negative signal.

Positives

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

Future Outlook

The restricted stock units vest on May 1, 2025, and will be settled on the earliest of several events, including May 1, 2034, death, a Change in Control, or six months following separation from service.

Industry Context

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

Stakeholder Impact

• The acquisition of restricted stock units by a director can align the director's interests with those of the shareholders.

Key Dates