Form 4: Everi Holdings Executive Sells Shares Following Vesting of Stock Units
SEC Form 4 Filing
David Lucchese, EVP of Sales and Marketing at Everi Holdings, sold a total of 45,476 shares of common stock on December 9, 2024, following the vesting of performance and restricted stock units.
Summary
- David Lucchese, an Executive Vice President at Everi Holdings, sold 45,476 shares of the company's common stock on December 9, 2024.
- The sales were executed at a weighted average price of $13.48 per share.
- The shares sold were from vested Performance Stock Units and Restricted Stock Units granted on various dates.
- The sales resulted in a decrease in Lucchese's direct holdings of Everi common stock from 590,536 to 542,928 shares.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to stock sales by an executive. It does not indicate any positive or negative sentiment about the company's performance or future prospects.
Industry Context
This is a routine filing related to executive stock transactions and is common in publicly traded companies. It does not indicate any specific trend in the gaming technology industry.
Comparison to Industry Standards
- Executive stock sales are a common occurrence in publicly traded companies, particularly after vesting periods.
- The sale by David Lucchese is similar to other executive stock transactions in the technology and gaming sectors.
- Companies like Scientific Games (now Light & Wonder) and International Game Technology (IGT) also see similar filings from their executives.
Stakeholder Impact
- The stock sale by an executive may have a minor impact on the stock price, but it is not expected to be significant.
Key Dates
| Date | Description |
|---|---|
| 2019-05-01 | Date of original grant of some of the Restricted Stock Units that vested and were sold. |
| 2020-04-01 | Date of original grant of some of the Restricted Stock Units that vested and were sold. |
| 2020-05-26 | Date of original grant of some of the Performance Stock Units and Restricted Stock Units that vested and were sold. |
| 2024-12-09 | Date of the stock sales by David Lucchese. |
Keywords
Everi Holdings, stock sale, insider trading, Form 4, David Lucchese, equity securities, vested stock units, executive compensation
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.