Form 4: PlayAGS Executive Ziems Disposes of Shares to Cover Tax Obligations

Robert Barron Ziems, Chief Business and Legal Officer of PlayAGS, Inc., disposed of 8,365 shares of common stock to cover tax obligations related to an exempt transaction.

Summary

• Robert Barron Ziems, Chief Business and Legal Officer of PlayAGS, Inc., filed a Form 4 indicating changes in beneficial ownership.
• On April 22, 2025, Ziems disposed of 8,365 shares of common stock at a price of $11.95 per share.
• This transaction was exempt under Rule 16b-3(e), as the shares were withheld by the Issuer to cover the exercise price, federal and state withholding tax obligations, and related administrative fees.
• Following the transaction, Ziems beneficially owns 142,228 shares, including 44,305 shares of common stock and 97,923 unvested restricted stock units.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing reflects a routine transaction for tax purposes and doesn't indicate any significant positive or negative implications for the company.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership. It doesn't necessarily indicate a broader trend in the gaming industry but reflects individual executive actions related to tax obligations.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is related to executive compensation and tax obligations.

Key Dates

Keywords

Form 4, PlayAGS, Beneficial Ownership, Ziems, Executive Compensation, Stock Disposal, Rule 16b-3(e), Tax Obligations