Form 4: Everi Holdings Inc. Executive Todd A. Valli Reports Stock Transactions
SEC Form 4 Filing
SVP, CAO Todd A. Valli reports the vesting and subsequent cash payment for tax obligations related to restricted stock units of Everi Holdings Inc.
Summary
- On May 19, 2024, Todd A. Valli, SVP, CAO of Everi Holdings Inc., reported transactions related to restricted stock units.
- 3,333 restricted stock units vested, converting into common stock.
- Valli elected to make a cash payment to cover statutory tax obligations and fees instead of disposing of vested shares.
- Following the transaction, Valli directly owns 57,413 shares of Everi Holdings Inc. common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, common for executives who receive stock-based compensation. It provides transparency to investors regarding the holdings and transactions of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and stock ownership.
- It has a minimal direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 05/19/2021 | Date of grant of original award of 10,000 restricted stock units. |
| 05/19/2024 | Date of transaction: Vesting of 3,333 restricted stock units. |
| 05/21/2024 | Date of signature on the Form 4 filing. |
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