Insider Trading Arrangements |
3 Months Ended |
|---|---|
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Mar. 31, 2026
shares
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| Trading Arrangements, by Individual | |
| Non-Rule 10b5-1 Arrangement Adopted | false |
| Rule 10b5-1 Arrangement Terminated | false |
| Non-Rule 10b5-1 Arrangement Terminated | false |
| Adam Smith [Member] | |
| Trading Arrangements, by Individual | |
| Material Terms of Trading Arrangement | On March 13, 2026, Mark Phelan, our President, US Gaming and Chief Operating Officer, entered into a pre-arranged written stock sale plan in accordance with Rule 10b5-1 (the “Phelan Rule 10b5-1 Plan”) under the Exchange Act, for the sale of shares of our Class A-1 common stock. The Phelan Rule 10b5-1 Plan was adopted during an open trading window in accordance with our insider trading policy and is intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Exchange Act. The Phelan Rule 10b5-1 Plan provides for the potential sale of up to 100,000 shares of our Class A-1 common stock, so long as the market price of our Class A-1 common stock is higher than certain minimum threshold prices specified in the Phelan Rule 10b5-1 Plan between June 15, 2026 and June 30, 2027. The Phelan Rule 10b5-1 Plan included a representation from Mr. Phelan to the broker administering the plan that he was not in possession of any material nonpublic information regarding us or our securities subject to the plan at the time the plan was entered into. A similar representation was made to us in a certification provided in connection with the adoption of the plan under our insider trading policy. These representations were made as of the date of adoption of the applicable plan or certification, as applicable, and speak only as of those dates. In making these representations, there is no assurance with respect to any material nonpublic information of which the applicable officer was unaware, or with respect to any material nonpublic information acquired by Mr. Phelan or by us after the applicable date of the representation. Once executed, transactions under the Phelan Rule 10b5-1 Plan will be disclosed publicly through Form 4 and/or Form 144 filings with the Securities and Exchange Commission in accordance with applicable securities laws, rules, and regulations. Except as may be required by law, we do not undertake any obligation to update or report any modification, termination, or other activity under current or future Rule 10b5-1 plans that may be adopted by Mr. Phelan, or our other officers or directors.
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| Mark Phelan [Member] | |
| Trading Arrangements, by Individual | |
| Name | Mark Phelan |
| Title | President, US Gaming and Chief Operating Officer |
| Rule 10b5-1 Arrangement Adopted | true |
| Adoption Date | March 13, 2026 |
| Expiration Date | June 30, 2027 |
| Arrangement Duration | 380 days |
| Aggregate Available | 100,000 |