CFO Mark F. Labay sold 50,000 shares at $13.38 in 3 transactions, reducing stake by 26.0%
Mark F. Labay, EVP and CFO of Everi Holdings, executed 3 separate sales totaling 50,000 shares for $669,000.00 on 2024-11-25 at a blended average price of $13.38. This represents a significant reduction in his holdings from 192,426 shares to 142,426 shares, a decrease of 26.0% of his pre-transaction position. The sale price of $13.38 is essentially at the current market level of $13.48 (0.0% from the 52-week high), and occurs in a context where the stock has gained 3.7% over the past 90 days and is near its year-to-date highs. Given that the company is reporting a net loss of $-2.6M on revenue of $187.9M in the latest quarter, the scale of the CFO's equity reduction warrants investor attention to underlying capital allocation and executive confidence signals.