Form 4: Everi Holdings Executive Kate Lowenhar-Fisher Reports Stock Transactions

EVP and Chief Legal Officer of Everi Holdings, Kate Lowenhar-Fisher, reports acquisition and disposal of company stock related to vesting of restricted stock units and performance stock units, along with sales to cover tax obligations.

Summary

• On August 8, 2024, Kate Lowenhar-Fisher, EVP and Chief Legal Officer of Everi Holdings, acquired 24,619 shares of common stock related to performance stock units vesting and 5,733 shares related to restricted stock units vesting.
• These releases were deferred due to possession of material non-public information and to align with the issuer's quarterly open trading window.
• On August 9, 2024, Lowenhar-Fisher sold 9,754 shares at $12.95 per share and 2,272 shares at $12.95 per share to cover tax withholding obligations related to the settlement of performance stock units and restricted stock units, respectively.
• Following these transactions, Lowenhar-Fisher beneficially owns 68,477 shares of Everi Holdings Inc.
• The sales were mandated by Everi Holdings' election to require the satisfaction of tax withholding obligations to be funded by a 'sell to cover' transaction.

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 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 ownership, but the impact is likely minimal given the relatively small number of shares involved.

Key Dates