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Monarch Casino CEO sells 5,000 shares at $124

MCRI’s CEO John Farahi sold shares from a Foundation account while retaining substantial direct, trust and option-based exposure to the company.

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

MONARCH CASINO & RESORT INC (MCRI) reported that CEO, director and large shareholder John Farahi, through his Foundation account, sold 5,000 shares of common stock on September 17, 2026 at $124 per share. Following this sale, he held 611,556 shares directly and 2,521,415 shares indirectly in trusts.

Farahi also reported multiple outstanding options to acquire MCRI common stock at exercise prices between $43.24 and $95.70 per share, with expiration dates from November 1, 2029 through December 31, 2035. No Rule 10b5-1 trading plan is reported for this transaction.

Positive

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Negative

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Insights

Analyzing...

Insider FARAHI JOHN
Role CEO
Sold 5,000 shs ($620K)
Type Security Shares Price Value
Sale Common Stock F1 5,000 $124.00 $620K
holding Options/Right to Buy -- -- --
holding Options/Right to Buy -- -- --
holding Options/Right to Buy -- -- --
holding Options/Right to Buy -- -- --
holding Options/Right to Buy -- -- --
holding Options/Right to Buy -- -- --
holding Options/Right to Buy -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 611,556 shares (Direct); Options/Right to Buy — 3,266,662 contracts for 466,666 underlying shares (Direct); Common Stock — 2,521,415 shares (Indirect, In trusts)
Footnotes (1)
  1. F1. The transaction represents sale of shares from Mr. Farahi's Foundation account.
Shares sold 5,000 shares Common stock sale reported for September 17, 2026
Sale price $124.00 per share Price for 5,000 MCRI shares sold on September 17, 2026
Direct common shares after transaction 611,556 shares Direct MCRI common stock holdings of John Farahi after the sale
Indirect trust holdings 2,521,415 shares MCRI common stock held indirectly in trusts associated with John Farahi
Option exercise price $95.70 per share One option position to buy 66,666 MCRI shares expiring December 31, 2035
Option exercise price $43.24 per share One option position to buy 66,666 MCRI shares expiring November 1, 2029

FAQ

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

What insider transaction did MCRI’s CEO report in this Form 4?

John Farahi reported a sale of 5,000 shares of MONARCH CASINO & RESORT INC common stock on September 17, 2026 at $124 per share. The filing states this transaction was from Mr. Farahi’s Foundation account.

How many MCRI shares does John Farahi hold directly after this transaction?

After the reported sale, John Farahi held 611,556 shares of MONARCH CASINO & RESORT INC common stock in direct ownership, according to the Form 4 reporting this September 17, 2026 transaction.

What indirect MCRI holdings does John Farahi report in this filing?

The filing reports 2,521,415 shares of MONARCH CASINO & RESORT INC common stock held indirectly in trusts associated with John Farahi as of September 16, 2026.

Were John Farahi’s MCRI share sales under a Rule 10b5-1 trading plan?

The Form 4 indicates that no Rule 10b5-1 trading plan is reported for the September 17, 2026 sale of 5,000 MONARCH CASINO & RESORT INC shares from Mr. Farahi’s Foundation account.

What stock options on MCRI does John Farahi report holding?

John Farahi reports several options to buy MCRI common stock, including grants with exercise prices such as $95.70, $78.90 and $43.24 per share, covering 66,666 or 66,668 underlying shares each, expiring between 2029 and 2035.

How large is the net share change in this MCRI Form 4?

The net reported change is a disposition of 5,000 shares of MONARCH CASINO & RESORT INC common stock, all from a single sale on September 17, 2026. No purchases, exercises, gifts or other share transfers are reported in this Form 4.

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

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SEC Form 4
FORM 4UNITED 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*
FARAHI JOHN

(Last)(First)(Middle)
MONARCH CASINO & RESORT INC
3800 S. VIRGINIA STREET

(Street)
RENO NEVADA 89509

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MONARCH CASINO & RESORT INC [ MCRI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock09/17/2026S5,000(1)D$124611,556D
Common Stock2,521,415IIn trusts
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Options/Right to Buy$95.712/31/202812/31/2035Common Stock66,666466,666D
Options/Right to Buy$78.912/31/202712/31/2034Common Stock66,666466,666D
Options/Right to Buy$69.1512/31/202612/31/2033Common Stock66,668466,666D
Options/Right to Buy$76.8912/31/202512/31/2032Common Stock66,666466,666D
Options/Right to Buy$73.9512/31/202412/31/2031Common Stock66,666466,666D
Options/Right to Buy$61.2212/31/202312/31/2030Common Stock66,668466,666D
Options/Right to Buy$43.2411/01/202211/01/2029Common Stock66,666466,666D
Explanation of Responses:
1. The transaction represents sale of shares from Mr. Farahi's Foundation account.
John Farahi09/21/2026
** Signature of Reporting PersonDate
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)

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