Form 4: Golden Entertainment CEO Transfers Shares to Family Trust
SEC Form 4 Filing
Blake L. Sartini, Chairman and CEO of Golden Entertainment, transferred 105,743 shares of common stock to The Blake L. Sartini and Delise F. Sartini Family Trust on May 30, 2024.
Summary
- On May 30, 2024, Blake L. Sartini, the Chairman and CEO of Golden Entertainment, Inc., transferred 105,743 shares of common stock to The Blake L. Sartini and Delise F. Sartini Family Trust.
- Following the transaction, Mr. Sartini directly owns 0 shares and the Trust indirectly owns 5,598,610 shares.
- Blake L. Sartini and Delise F. Sartini are co-trustees of the Trust.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a share transfer. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. This transaction reflects a change in the form of ownership for Blake L. Sartini's shares, moving them into a family trust.
Related Party Transactions
- The transfer of shares to The Blake L. Sartini and Delise F. Sartini Family Trust constitutes a related party transaction.
Stakeholder Impact
- The transfer of shares to a family trust is unlikely to have a significant impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 05/30/2024 | Date of the share transfer to the family trust |
| 05/31/2024 | Date of signature by attorney-in-fact |
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