Form 4: PlayAGS CEO David Lopez Disposes of Shares to Cover Tax Obligations

David Lopez, CEO of PlayAGS, Inc., disposed of 35,974 shares of common stock on March 10, 2025, to cover tax obligations related to an exempt transaction.

Summary

• On March 10, 2025, David Lopez, the CEO of PlayAGS, Inc., disposed of 35,974 shares of common stock at a price of $12.06 per share.
• This transaction was exempt under Rule 16b-3(e) and involved the withholding of shares to cover the exercise price, federal and state withholding tax obligations, and related administrative fees.
• Following the transaction, Lopez beneficially owns 1,520,963 shares, including 976,195 shares of common stock and 544,768 unvested restricted stock units.
• The shares were delivered to and cancelled by the Issuer as payment of the exercise price, satisfaction of federal and state withholding tax obligations, and payment of related administrative fees.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a routine transaction to cover tax obligations; it doesn't inherently indicate positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and is a common occurrence in publicly traded companies. It provides transparency into the actions of company executives.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine disposal of shares to cover tax obligations.

Key Dates