Form 4: Everi Holdings Executive Exercises Options and Sells Shares
SEC Form 4 Filing
David Lucchese, EVP of Sales and Marketing at Everi Holdings, exercised stock options and sold shares on August 13 and 15, 2024.
Summary
- David Lucchese, an executive at Everi Holdings, exercised stock options to acquire shares of common stock at a price of $3.29.
- He then sold those shares on the same days (August 13 and 15, 2024) at a price of $12.99.
- On August 13, 4,124 options were exercised and the resulting shares sold.
- On August 15, 400 options were exercised and the resulting shares sold.
- Following these transactions, Lucchese directly owns 588,404 shares of Everi Holdings.
- He also directly owns 65,436 stock options with an exercise price of $3.29.
Sentiment
Score: 5
Explanation: This is a neutral event. An executive exercising options and selling shares is a common occurrence and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of the financial markets, providing transparency into the transactions of company insiders. Investors often monitor these filings to gain insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/08/2017 | Date of original option grant. |
| 08/13/2024 | Date of first transaction: Exercise of 4,124 stock options and sale of resulting shares. |
| 08/15/2024 | Date of second transaction: Exercise of 400 stock options and sale of resulting shares. |
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