What share transfer to the former spouse of FLL’s CEO is disclosed?

Since his prior report, Daniel R. Lee transferred 15,657 shares of common stock to his former spouse under a domestic relations order. He no longer reports any securities owned by his former spouse as beneficially owned in his filings with the SEC.

Full House Resorts (NASDAQ: FLL) CEO receives 116,667-share stock grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

LEE DANIEL R reported acquisition or exercise transactions in this Form 4 filing.

Full House Resorts Chief Executive Officer Daniel R. Lee received a grant of 116,667 shares of restricted common stock approved by the compensation committee under the company’s 2025 Equity Incentive Plan and its Annual Incentive Plan for Executives. This award vests in three equal annual installments on May 14, 2027, 2028 and 2029.

The filing notes a separate grant of 116,667 performance-based restricted shares, also vesting in three equal annual amounts on those dates if EBITDA and free cash flow per share growth targets are met; each vesting tranche will be reported when it occurs. Following the reported grant, Mr. Lee directly holds 1,420,530 common shares and indirectly holds additional shares by trust, subtrust and as custodian for his daughter. Since his last report, he also transferred 15,657 shares to his former spouse under a domestic relations order and no longer reports those shares as beneficially owned.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider LEE DANIEL R

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	116,667	$0.00	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 1,420,530 shares (Direct, null); Common Stock — 145,735 shares (Indirect, By trust)

Footnotes (1)

This grant of 116,667 shares of restricted stock was approved by the compensation committee of the board of directors (the "Compensation Committee") of Full House Resorts, Inc. (the "Company") under the Company's 2025 Equity Incentive Plan pursuant to the Annual Incentive Plan for Executives (the "Plan"). The restricted stock will vest in three equal annual amounts on May 14, 2027, 2028 and 2029. Not included in this report is the grant of 116,667 shares of restricted stock approved by the Compensation Committee of the board of directors of the Company under the Plan. The restricted stock will vest in three equal annual amounts on May 14, 2027, 2028 and 2029, subject to the achievement of certain performance-based criteria in 2026, 2027 and 2028, including annual growth rates of EBITDA and free cash flow per share. Each such annual amount will be reported following the date of vesting. Since the date of Mr. Lee's last report, Mr. Lee transferred 15,657 shares of common stock to his former spouse pursuant to a domestic relations order. Mr. Lee no longer reports as beneficially owned any securities owned by his former spouse.

Key Figures

Restricted stock grant: 116,667 shares Grant price per share: $0.0000 per share Direct holdings after grant: 1,420,530 shares +5 more

8 metrics

Restricted stock grant 116,667 shares Time-vested award to CEO; vests in three equal annual amounts on May 14, 2027, 2028 and 2029

Grant price per share $0.0000 per share Reported transaction price for the 116,667-share restricted stock grant

Direct holdings after grant 1,420,530 shares Common stock directly owned by Daniel R. Lee following the reported grant

Indirect holdings as custodian 15,926 shares Common stock held indirectly as custodian for daughter

Indirect holdings by subtrust 317,145 shares Common stock held indirectly by subtrust

Indirect holdings by trust 145,735 shares Common stock held indirectly by trust

Performance-based restricted stock grant 116,667 shares Additional award subject to EBITDA and free cash flow per share growth in 2026–2028

Shares transferred to former spouse 15,657 shares Transferred pursuant to a domestic relations order; no longer reported as beneficially owned

Key Terms

restricted stock, 2025 Equity Incentive Plan, Annual Incentive Plan for Executives, domestic relations order, +2 more

6 terms

restricted stock financial

"This grant of 116,667 shares of restricted stock was approved by the compensation committee"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

2025 Equity Incentive Plan financial

"approved by the compensation committee of the board of directors ... under the Company's 2025 Equity Incentive Plan"

Annual Incentive Plan for Executives financial

"under the Company's 2025 Equity Incentive Plan pursuant to the Annual Incentive Plan for Executives"

domestic relations order regulatory

"transferred 15,657 shares of common stock to his former spouse pursuant to a domestic relations order"

EBITDA financial

"including annual growth rates of EBITDA and free cash flow per share"

EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It measures a company's profitability by focusing on the money it makes from its core operations, ignoring expenses like taxes and accounting adjustments. Investors use EBITDA to compare how well different companies are performing financially, as it provides a clearer picture of operational success without the influence of financial structure or accounting choices.

Form 4 Insider Transactions: What Each Field Means →

05/18/2026 - 06:37 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

LEE DANIEL R

(Last)

(First)

(Middle)

C/O FULL HOUSE RESORTS, INC.

1980 FESTIVAL PLAZA DRIVE, SUITE 680

(Street)

LAS VEGAS

NEVADA

89135

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FULL HOUSE RESORTS INC [ FLL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/14/2026		A		116,667⁽¹⁾	A	$0	1,420,530⁽²⁾⁽³⁾	D
Common Stock								145,735	I	By trust
Common Stock								317,145	I	By subtrust
Common Stock								15,926	I	As custodian for daughter

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. This grant of 116,667 shares of restricted stock was approved by the compensation committee of the board of directors (the "Compensation Committee") of Full House Resorts, Inc. (the "Company") under the Company's 2025 Equity Incentive Plan pursuant to the Annual Incentive Plan for Executives (the "Plan"). The restricted stock will vest in three equal annual amounts on May 14, 2027, 2028 and 2029.

2. Not included in this report is the grant of 116,667 shares of restricted stock approved by the Compensation Committee of the board of directors of the Company under the Plan. The restricted stock will vest in three equal annual amounts on May 14, 2027, 2028 and 2029, subject to the achievement of certain performance-based criteria in 2026, 2027 and 2028, including annual growth rates of EBITDA and free cash flow per share. Each such annual amount will be reported following the date of vesting.

3. Since the date of Mr. Lee's last report, Mr. Lee transferred 15,657 shares of common stock to his former spouse pursuant to a domestic relations order. Mr. Lee no longer reports as beneficially owned any securities owned by his former spouse.

	/s/ Lewis A. Fanger, Attorney-in-Fact	05/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Full House Resorts (FLL) CEO Daniel R. Lee receive in this Form 4 filing?

Daniel R. Lee received a grant of 116,667 shares of restricted common stock as compensation. The award was approved under Full House Resorts’ 2025 Equity Incentive Plan and its Annual Incentive Plan for Executives, with vesting spread over several future years.

How do the 116,667 restricted shares for FLL’s CEO vest over time?

The 116,667 restricted shares vest in three equal annual installments starting in 2027. Specifically, one-third vests on May 14, 2027, another third on May 14, 2028, and the final third on May 14, 2029, assuming continued service conditions are met.

Is there an additional performance-based stock award for the Full House Resorts CEO?

Yes. An additional 116,667 performance-based restricted shares were approved, vesting in three equal annual amounts. Vesting depends on EBITDA and free cash flow per share growth in 2026, 2027 and 2028, and each vesting tranche will be reported when it actually vests.

How many Full House Resorts shares does the CEO hold after this reported grant?

After this grant, Daniel R. Lee directly holds 1,420,530 shares of Full House Resorts common stock. He also has indirect holdings through a trust, a subtrust and as custodian for his daughter, each reported separately as indirect beneficial ownership positions.

Are the performance-based restricted shares for FLL’s CEO included in this Form 4 totals?

The performance-based 116,667-share grant is described but not included in the current share totals. The filing explains that each annual vesting amount will be reported in future when it actually vests, after performance criteria are assessed.