Monarch Casino (MCRI) Form 144: Option Exercise and Proposed Sale

Rhea-AI Filing Summary

Form 144 notice for Monarch Casino & Resort, Inc. (MCRI) reports a proposed sale of 5,376 common shares to be executed through Raymond James on Nasdaq on 08/22/2025. The shares were acquired the same day via a stock option exercise and paid in cash. The filing lists an aggregate market value of $564,519.78 and total shares outstanding of 18,270,000. The filing also discloses a prior sale by Craig F. Sullivan of 724 shares on 07/24/2025 for $77,469.09. The notice includes the standard attestation that the seller is not aware of any undisclosed material adverse information about the issuer.

Insights

Securities Analyst

TL;DR: Routine insider option exercise and proposed sale; transaction appears procedural, not a material disposition.

The filing documents an insider stock option exercise and immediate proposed sale of 5,376 common shares via Raymond James on Nasdaq with an aggregate value of $564,519.78. The seller previously sold 724 shares on 07/24/2025 for $77,469.09. These entries are consistent with routine liquidity actions by insiders exercising options and selling shares through a broker rather than large, abrupt dispositions. There is no additional context in the filing about motive, plan adoption, or company-specific material developments, so the information is informational rather than materially impactful to the issuer's business or capital structure.

Corporate Governance Expert

TL;DR: Disclosure aligns with Rule 144 requirements and includes the standard public-attestation language.

The Form 144 provides required details: class, number of shares, acquisition date (08/22/2025), nature of acquisition (stock option exercise), broker, intended sale date, and past three-month sales. The filing contains the seller's attestation regarding lack of undisclosed material adverse information. Absent further filings or context about an adopted trading plan, this appears to be a compliant, routine disclosure rather than an indicator of governance issues.

FAQ

What does the MCRI Form 144 report?

The filing reports a proposed sale of 5,376 common shares acquired by stock option exercise on 08/22/2025, to be sold via Raymond James on 08/22/2025.

How much are the shares listed in the MCRI Form 144 worth?

The Form 144 lists an aggregate market value of $564,519.78 for the 5,376 shares proposed for sale.

Were there any recent sales by the same person in the past three months?

Yes. The filing shows Craig F. Sullivan sold 724 shares on 07/24/2025 for $77,469.09.

How were the 5,376 shares acquired according to the filing?

The shares were acquired on 08/22/2025 by stock option exercise, and payment was made in cash.

On which exchange will the shares be sold?

The proposed sale is to be executed on Nasdaq through Raymond James & Associates, Inc..

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Accepted by SEC EDGAR 08/22/2025 - 06:13 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001127050
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	MONARCH CASINO & RESORT INC
SEC File Number	000-22088
Address of Issuer	3800 S VIRGINIA STREET EXECUTIVE OFFICES RENO FLORIDA 89502
Phone	775-335-4600
Name of Person for Whose Account the Securities are To Be Sold	SULLIVAN CRAIG F
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Raymond James & Associates, Inc. 880 Carillon Parkway St. Petersburg FL 33716	5376	564519.78	18270000	08/22/2025	Nasdaq

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/22/2025	Stock Option Exercise	Issuer			5376	08/22/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Craig F Sullivan 8704 E Clubhouse Way Scottsdale AZ 85255	Common	07/24/2025	724	77469.09

144: Remarks and Signature

Remarks
Date of Notice	08/22/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Tracey Cornelison, as duly authorized representative of Raymond James & Associates, Inc., as attorney-in-fact for Craig F Sullivan
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)