Form 4: Everi Holdings Executive Chairman Michael Rumbolz Reports Stock Transactions
SEC Form 4 Filing
Michael Rumbolz, Executive Chairman of Everi Holdings Inc., reports the acquisition and disposal of company stock related to restricted stock units.
Summary
- On May 10, 2024, Michael Rumbolz acquired 12,500 shares of Everi Holdings Inc. common stock through the vesting of restricted stock units.
- On May 14, 2024, Rumbolz sold 5,040 shares at a price of $7.60 per share to cover tax withholding obligations related to the settled restricted stock units.
- Following these transactions, Rumbolz directly owns 1,082,062 shares of Everi Holdings Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the executive's holdings, but the impact is likely minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 05/02/2023 | Date of grant of original award of 12,500 restricted stock units. |
| 05/10/2024 | Restricted stock units vested and were settled. |
| 05/14/2024 | Date of sale of shares to cover tax withholding obligations. |
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