Barker Lee Kim 4
4 · Bally's Corp · Filed Mar 25, 2026
Research Summary
AI-generated summary of this filing
Bally's (BALY) EVP/CLO Lee Kim Receives 7,366-Share Award
What Happened Lee Kim, Executive Vice President and Chief Legal Officer of Bally's Corporation, had 7,366 performance units vest on March 23, 2026 and received 7,366 shares of common stock (issued at $0.00 in the filing). To satisfy tax withholding obligations tied to the vesting, the company retained (disposed) 3,340 of those shares at $12.11 per share, totaling $40,447. This was an award/vesting event (A) with a related tax-withholding disposition (F), not an open-market purchase or sale for investment purposes.
Key Details
- Transaction date: 2026-03-23; Form 4 filed: 2026-03-25 (filed within the typical 2-business-day reporting window).
- Award/vesting: 7,366 performance units vested and were issued as 7,366 shares (report shows acquisition at $0.00).
- Tax withholding: 3,340 shares withheld/disposed at $12.11 each for a total withholding value of $40,447.
- Footnotes: F1 explains the grant was originally 8,184 performance units subject to performance-based vesting; 7,366 units vested based on 2025 results. F2 confirms the company retained 3,340 shares to satisfy tax withholding.
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
Context This was a performance-based vesting event and routine tax withholding rather than an executive-initiated open-market sale or purchase. Performance-unit vesting reflects company-determined payout tied to 2025 goals; withholding shares to cover taxes is a common administrative step and does not necessarily indicate insider sentiment about the stock.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-23+7,366→ 27,433 total - Tax Payment
Common Stock
[F2]2026-03-23$12.11/sh−3,340$40,447→ 24,093 total
Footnotes (2)
- [F1]On March 23 2026, the reporting person was granted 8,184 performance units eligible to vest at target levels of performance (with vesting of more or less shares possible based on actual performance) based on the extent to which certain financial and other strategic goals were met for the year ended December 31, 2025. Based on the performance of Bally's Corporation (the "Company") against the applicable goals, 7,366 performance units subject to such criteria vested on March 23, 2026, resulting in the issuance of 7,366 shares of the Company's common stock to the reporting person.
- [F2]As described in footnote 1, on March 23, 2026, the reporting person became entitled to receive 7,366 shares of the Company's common stock. The Company retained 3,340 shares of Company common stock to satisfy certain tax withholding obligations in connection with the vesting.