Form 4: Everi Holdings Inc. Executive Dean A. Ehrlich Reports Stock Transactions
SEC Form 4
Dean A. Ehrlich, EVP, Games Business Leader at Everi Holdings Inc., reports acquisition and disposal of common stock and restricted stock units related to vesting and tax obligations.
Summary
- Dean A. Ehrlich, an executive at Everi Holdings Inc., filed a Form 4 detailing several transactions involving the company's stock.
- On May 19, 2024, Ehrlich acquired 28,197 shares of common stock related to vested performance stock units and 6,566 shares through the vesting of restricted stock units.
- On May 20 and 21, 2024, Ehrlich sold 2,614 and 11,144 shares of common stock, respectively, at prices of $7.32 and $7.37 to cover tax withholding obligations.
- Following these transactions, Ehrlich directly owns 184,627 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 about insider trading activity.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions could have a minor impact on shareholders due to the increased supply of shares in the market from the sales, but the impact is likely minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 05/19/2021 | Date of grant for original award of 19,700 restricted stock units that vested in equal installments on each of the first three anniversary dates. |
| 05/19/2024 | Acquisition of 28,197 shares of common stock and 6,566 shares from restricted stock units. |
| 05/20/2024 | Sale of 2,614 shares of common stock at $7.32 per share. |
| 05/21/2024 | Sale of 11,144 shares of common stock at $7.37 per share; Date of report. |
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