SMITH KEITH

SMITH KEITH, President and CEO, has demonstrated a consistent pattern of selling activity across two companies—primarily Boyd Gaming (BYD) and a single filing for SkyWest (SKYW)—with no recorded purchases in the past two years. Since February 2024, SMITH has executed 26 transactions totaling over $31.5 million in sales, all concentrated in BYD. Notably, the largest single sale occurred on February 28, 2024, when SMITH disposed of shares worth $4.79 million, followed by a $3.55 million transaction on February 22, 2026. The sales have been periodic but substantial, with multiple seven-figure disposals, including $2.93 million on November 13, 2024, and $2.16 million on November 22, 2024. Recent activity reinforces this sell-side trend, with eight transactions since August 2025, all involving BYD. The most recent sales include $2.09 million and $2.13 million in August 2025, alongside a $4.15 million block sold earlier that month. While some filings, marked as code "A" or "G," reflect awards or gifts with no reported value, the overwhelming majority are outright sales (code "S") or dispositions following derivative transactions (code "F"). The absence of any buys suggests a deliberate reduction in exposure to BYD, though the reasons remain undisclosed in regulatory filings. The transactions, often clustered within short timeframes, indicate a structured approach to divestment rather than sporadic disposals.