Form 4: Golden Entertainment CFO Charles Protell Reports Stock Transactions
SEC Form 4 Filing
Charles Protell, CFO of Golden Entertainment, reports the vesting and subsequent tax withholding of restricted stock units.
Summary
- On August 14, 2024, Charles Protell, the President and CFO of Golden Entertainment, Inc. [GDEN], reported transactions involving the company's common stock.
- Protell acquired 105,158 shares of common stock through the vesting of restricted stock units (RSUs).
- Simultaneously, 41,380 shares were withheld by Golden Entertainment to cover minimum statutory income tax obligations related to the vesting of these RSUs at a price of $29.19.
- Following these transactions, Protell directly owns 523,969 shares of Golden Entertainment common stock.
Sentiment
Score: 5
Explanation: The document reflects routine stock transactions related to executive compensation, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in stock transactions by company insiders. This filing indicates routine compensation and tax-related activities.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 08/14/2024 | Date of the stock transactions (vesting of RSUs and tax withholding). |
| 08/16/2024 | Date of signature on the Form 4 filing. |
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.