Form 4: PlayAGS CFO Kimo Akiona Reports Stock Transactions
SEC Form 4 Filing
CFO Kimo Akiona reports the settlement of phantom stock units and disposition of shares to cover tax obligations.
Summary
- On September 25, 2024, Kimo Akiona, CFO, Chief Accounting Officer, and Treasurer of PlayAGS, Inc., reported transactions involving the company's stock.
- Akiona settled 23,207 phantom stock units, receiving an equivalent number of PlayAGS, Inc. common stock shares.
- He also disposed of 9,132 shares of common stock at a price of $11.3 to satisfy tax obligations.
- Following these transactions, Akiona beneficially owns 839,151 shares of PlayAGS, Inc., including 400,138 shares of common stock and 439,013 unvested restricted stock units.
- Akiona also owns 83,981 phantom stock units.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 09/21/2021 | Date from which phantom stock units vest ratably in equal annual installments. |
| 09/25/2024 | Date of the reported stock transactions, including settlement of phantom stock units and disposition of shares for tax obligations. |
| 09/27/2024 | Date of signature for the report. |
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