[Form 4] FULL HOUSE RESORTS INC Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Full House Resorts Inc Chief Executive Officer Daniel R. Lee exercised employee stock options and increased his direct stake in the company. On April 24, 2026, he exercised 100,000 shares of common stock at $1.70 per share through an employee stock option.
To cover the option exercise price, the issuer withheld 68,687 shares of common stock at $2.475 per share, treated as a tax-withholding disposition rather than an open-market sale. This left a net increase of shares received from the option exercise.
Following these transactions, Lee directly owned 1,388,207 shares of common stock. He also reported indirect holdings of 15,926 shares as custodian for his daughter, 317,145 shares held by a subtrust, and 145,735 shares held by a trust. The stock option, which fully vested on May 10, 2019, now shows zero remaining derivative securities after this exercise.
Positive
- None.
Negative
- None.
Insider Trade Summary
100,000 shares exercised/converted
Mixed
6 txns
Insider
LEE DANIEL R
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 100,000 | $0.00 | -- |
| Exercise | Common Stock | 100,000 | $1.70 | $170K |
| Tax Withholding | Common Stock | 68,687 | $2.475 | $170K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 0 shares (Direct, null);
Common Stock — 1,388,207 shares (Direct, null);
Common Stock — 145,735 shares (Indirect, By trust)
Footnotes (1)
- Represents the shares of common stock withheld by the issuer to satisfy the exercise price for the stock options. The stock option fully vested on May 10, 2019.
Key Figures
Options exercised: 100,000 shares
Option exercise price: $1.70 per share
Shares withheld: 68,687 shares
+5 more
8 metrics
Options exercised
100,000 shares
Employee stock option exercise on April 24, 2026
Option exercise price
$1.70 per share
Exercise price for 100,000 stock options
Shares withheld
68,687 shares
Withheld by issuer to satisfy exercise price
Withholding share value
$2.475 per share
Value used for tax-withholding disposition
Direct holdings after transaction
1,388,207 shares
Common stock directly owned by CEO after April 24, 2026
Indirect holdings as custodian
15,926 shares
Held as custodian for daughter
Indirect holdings by subtrust
317,145 shares
Common stock held by subtrust
Indirect holdings by trust
145,735 shares
Common stock held by trust
Key Terms
Employee Stock Option (right to buy), tax-withholding disposition, derivative security, indirect, +1 more
5 terms
Employee Stock Option (right to buy) financial
"security_title: "Employee Stock Option (right to buy)""
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
indirect financial
"ownership_type: "indirect" for trust and custodian holdings"
exercise price financial
"footnote: "satisfy the exercise price for the stock options""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
