Full House Resorts CFO exercises 50K stock options

FULL HOUSE RESORTS INC President, CFO and Treasurer Lewis A. Fanger exercised employee stock options and satisfied the cost using shares.

Rhea-AI Filing Summary

FULL HOUSE RESORTS INC President, CFO and Treasurer Lewis A. Fanger exercised employee stock options and satisfied the cost using shares. He exercised options for 50,000 shares of common stock at $1.70 per share, converting a derivative award into regular shares.

The issuer withheld 33,074 shares of common stock, valued at $2.57 per share, to cover the option exercise price rather than selling shares in the open market. Following these transactions, Fanger directly owns 444,856 shares of Full House Resorts common stock.

Insider Trade Summary

50,000 shares exercised/converted

Exercise 3 txns

Insider Fanger Lewis A.

Role President, CFO and Treasurer

Type	Security	Shares	Price	Value
Exercise	Employee Stock Option (right to buy)	50,000	$0.00	$0.00
Exercise	Common Stock	50,000	$1.70	$85K
Exercise Price or Tax Liability	Common Stock	33,074	$2.57	$85K

Holdings After Transaction: Employee Stock Option (right to buy) — 0 contracts (Direct); Common Stock — 444,856 shares (Direct)

Footnotes (2)

1. F1. Represents the shares of common stock withheld by the issuer to satisfy the exercise price for the stock options.
2. F2. The stock option fully vested on May 10, 2019.

Key Figures

Options exercised: 50,000 shares Exercise price: $1.70/share Shares withheld: 33,074 shares +3 more

6 metrics

Options exercised 50,000 shares Employee stock option exercise at $1.70 per share

Exercise price $1.70/share Exercise price of employee stock option

Shares withheld 33,074 shares Shares withheld by issuer to satisfy exercise price

Withholding share value $2.57/share Value per share for withheld common stock

Shares owned after 477,930 shares Common stock directly owned post-transaction

Options remaining from this grant 0 options Employee stock option position after full 50,000-share exercise

Key Terms

tax-withholding disposition, Exercise or conversion of derivative security, Employee Stock Option (right to buy), fully vested

4 terms

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.

Exercise or conversion of derivative security financial

"transaction_code_description": "Exercise or conversion of derivative security""

Employee Stock Option (right to buy) financial

"security_title": "Employee Stock Option (right to buy)""

fully vested financial

"The stock option fully vested on May 10, 2019."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did the Full House Resorts (FLL) CFO do in this Form 4 filing?

The CFO exercised stock options for 50,000 shares of common stock. The company withheld 33,074 shares to cover the exercise cost, and he ended with 477,930 shares owned directly after the transactions.

Was the Full House Resorts (FLL) CFO’s Form 4 transaction an open-market sale?

No, the filing shows a tax-withholding disposition, not an open-market sale. 33,074 shares were withheld by the issuer to pay the stock option exercise price, so no regular market sale occurred in this transaction.

How many Full House Resorts (FLL) shares does Lewis A. Fanger now hold?

After exercising options and having shares withheld to cover the cost, Lewis A. Fanger directly holds 477,930 shares of Full House Resorts common stock, according to the reported post-transaction ownership in the Form 4 filing.

What stock option terms are disclosed for the Full House Resorts (FLL) CFO?

The filing reports an employee stock option for 50,000 shares at a $1.70 exercise price. A footnote states the option fully vested on May 10, 2019, and the reported transaction reflects its full exercise into common shares.

How many Full House Resorts (FLL) shares were used to cover the option exercise?

The issuer withheld 33,074 shares of Full House Resorts common stock at a value of $2.57 per share. These shares were delivered back to the company to satisfy the exercise price for the 50,000-share stock option.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/08/2026 - 06:04 PM Learn about SEC filing dates

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^*

Fanger Lewis A.

(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)
	President, CFO and Treasurer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/08/2026		M		50,000	A	$1.7	477,930	D
Common Stock	05/08/2026		F(1)		33,074	D	$2.57	444,856	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (right to buy)	$1.7	05/08/2026		M			50,000	(2)	05/10/2026	Common Stock	50,000	$0	0	D

Explanation of Responses:

1. Represents the shares of common stock withheld by the issuer to satisfy the exercise price for the stock options.

2. The stock option fully vested on May 10, 2019.

	/s/ Lewis A. Fanger	05/08/2026
	** 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)