Monarch Casino (NASDAQ: MCRI) director sells options and resigns from board

Rhea-AI Filing Summary

Monarch Casino & Resort Inc. director Yvette Landau filed a report showing changes in her holdings of company securities. On January 13–15, 2026, she reported a series of sales of derivative securities listed as Options / Right to Buy, each transaction involving blocks of 2,684 to 6,100 option units and coded as sales. Following these transactions, she reported direct beneficial ownership of 24,400 shares of Monarch Casino & Resort common stock.

The filing also notes that Mrs. Landau resigned from the Monarch Casino & Resort Inc. Board of Directors effective January 1, 2026. After the reported option sales, her remaining derivative position in the listed options series was reduced to zero, while she continues to hold common shares directly.

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

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X

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^*

LANDAU YVETTE

(Last) (First) (Middle)

MONARCH CASINO & RESORT INC

3800 S. VIRGINIA STREET

(Street)

RENO NV 89502

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MONARCH CASINO & RESORT INC [ MCRI ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
01/13/2026

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

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

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

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								24,400	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
Options / Right to Buy	$44.55	01/13/2026		S			2,684	12/12/2018	12/31/2026	Common Stock	2,684	$92.12	46,116	D
Options / Right to Buy	$44.55	01/14/2026		S			3,416	12/12/2018	12/31/2026	Common Stock	3,416	$91.1	42,700	D
Options / Right to Buy	$43.09	01/14/2026		S			6,100	12/04/2019	12/31/2026	Common Stock	6,100	$91.1	36,600	D
Options / Right to Buy	$44.6	01/15/2026		S			6,100	03/31/2021	12/31/2026	Common Stock	6,100	$91.85	30,500	D
Options / Right to Buy	$66.17	01/15/2026		S			6,100	12/31/2021	12/31/2026	Common Stock	6,100	$91.85	24,400	D
Options / Right to Buy	$58.67	01/15/2026		S			6,100	12/31/2022	12/31/2026	Common Stock	6,100	$92.24	18,300	D
Options / Right to Buy	$70.45	01/15/2026		S			6,100	12/31/2023	12/31/2026	Common Stock	6,100	$92.24	12,200	D
Options / Right to Buy	$68.13	01/15/2026		S			6,100	12/31/2024	12/31/2026	Common Stock	6,100	$92.24	6,100	D
Options / Right to Buy	$86.44	01/15/2026		S			6,100	12/31/2025	12/31/2026(1)	Common Stock	6,100	$92.24	0(1)	D

Explanation of Responses:

1. Mrs. Landau resigned from Monarch Casino & Resort, Inc. Board of Directors effective January 1, 2026.

	Yvette Landau	01/16/2026
	** 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.

FAQ

What insider activity did Monarch Casino & Resort (MCRI) disclose in this Form 4?

The report shows that director Yvette Landau carried out multiple sales of derivative securities described as Options / Right to Buy on January 13–15, 2026, and that she now directly holds 24,400 shares of Monarch Casino & Resort common stock after these transactions.

Who is the reporting person in the Monarch Casino & Resort (MCRI) Form 4?

The reporting person is Yvette Landau, identified as a director of Monarch Casino & Resort Inc. at the time of the reported transactions. She is not listed as an officer or 10% owner in this filing.

What derivative securities did Yvette Landau sell in Monarch Casino & Resort (MCRI)?

She reported a series of sales of Options / Right to Buy tied to Monarch Casino & Resort common stock, with individual transactions covering blocks ranging from 2,684 to 6,100 option units on January 13, 14, and 15, 2026.

How many Monarch Casino & Resort (MCRI) common shares does Yvette Landau hold after these transactions?

After the reported transactions, the filing lists 24,400 shares of Monarch Casino & Resort common stock as directly and beneficially owned by Yvette Landau.

Did Yvette Landau remain on the Monarch Casino & Resort (MCRI) board after these transactions?

No. A footnote states that Mrs. Landau resigned from the Monarch Casino & Resort Inc. Board of Directors effective January 1, 2026, which is prior to the reported January 13–15, 2026 option transactions.

What happened to Yvette Landaus Monarch Casino & Resort (MCRI) stock options after these Form 4 transactions?

The derivative table shows repeated sales of Options / Right to Buy, and the final line reflects that the number of those listed derivative securities beneficially owned after the last transaction was 0, indicating that this particular option position was fully sold.