Monarch Casino & Resort, Inc. filings document the financial reporting, governance, and capital-return disclosures of a Nasdaq-listed casino resort operator. Recent Form 8-K reports record operating results under results of operations and financial condition, attach earnings releases, and disclose cash dividend actions on the company’s common stock.
The company’s definitive proxy materials cover governance and executive compensation matters, including compensation tables, option-award disclosures, and pay-versus-performance data. Together, the filings provide formal records for Monarch’s operating performance, shareholder distributions, equity-based compensation, public-company governance, and disclosure controls as they relate to its Atlantis and Monarch Black Hawk casino resort businesses.
DAVENPORT & Co LLC reports beneficial ownership of 858,737 shares (4.8%) of Monarch Casino & Resort Inc common stock as shown in this Schedule 13G/A. The filing lists sole voting power of 838,739 shares and sole dispositive power of 858,637 shares, with the cover date 02/27/2026.
The filing is signed by Stefanie Boykin, Compliance Manager, on 03/04/2026, and is reported under the "Ownership of 5 Percent or Less of a Class" disclosure.
Monarch Casino & Resort, Inc. outlines its 2025 business profile and risk factors for its Atlantis property in Reno and Monarch Black Hawk in Colorado. Atlantis reported 2025 occupancy of 82.6%, ADR of $164.61 and REVPAR of $150.50, while Monarch Black Hawk posted 80.1% occupancy, ADR of $223.36 and REVPAR of $191.15.
The company highlights a high-end, full-amenity resort strategy, supported by a cross-property loyalty program and ongoing capital spending of $37.2 million in 2025 across room, restaurant and equipment upgrades. As of December 31, 2025 Monarch employed about 2,740 people and emphasizes leadership development, diversity training and competitive benefits.
Regulation and licensing in Nevada and Colorado, intense regional and online competition, economic sensitivity of gaming demand, construction disputes at Monarch Black Hawk, environmental and climate-related exposure, cybersecurity threats and covenant limits under its amended Wells Fargo credit facility are all cited as material risks. As of December 31, 2025, Monarch had 17,886,120 common shares outstanding and approximately $99.4 million available under its revolving credit facility.
Monarch Casino & Resort Inc director Paul Andrews reported selling derivative securities described as options/right to buy on February 9, 2026. The filing shows two open-market sales of 3,000 and 3,100 options at a price of $97.4 per underlying share.
After these transactions, Andrews directly holds 51,800 options/right to buy and 5,000 shares of Monarch common stock. The remaining option grants carry exercise prices ranging from $21.85 to $86.44 and expiration dates between 2026 and 2035, highlighting a long-dated equity incentive position.
MCRI filed a notice of proposed sale under Rule 144 for 6,100 shares of common stock. The shares are to be sold through Raymond James & Associates on the NASDAQ, with an aggregate market value of 594,218.20 and total shares outstanding of 17,820,000.
The seller acquired the 6,100 shares on 02/09/2026 via a stock option grant from the issuer and paid for them in cash on the same date. The signer represents they are not aware of undisclosed material adverse information about the issuer’s current or prospective operations.
Monarch Casino & Resort, Inc. filed a current report to note that it issued a press release announcing its financial results for the fourth quarter and full year ended December 31, 2025. The press release is furnished as Exhibit 99.1.
The company also announced a cash dividend of $0.30 per share on its outstanding common stock, payable on March 16, 2026, to stockholders of record as of March 2, 2026.
Monarch Casino & Resort Inc. director files initial ownership report
Hope Taitz has filed an initial ownership statement as a director of Monarch Casino & Resort Inc. (MCRI) for an event dated 01/01/2026. The filing states in the explanation section that no securities are beneficially owned, and both the non-derivative and derivative security tables show no holdings. This is a routine disclosure establishing that the new director currently reports no direct or indirect ownership of Monarch Casino & Resort Inc. securities.
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.
Monarch Casino & Resort Inc. director Yvette Landau reported multiple sales of derivative securities tied to the company’s common stock. On January 6, 2026, she reported a sale of 2,302 Options / Right to Buy at $94.107 per underlying share. On January 8, 2026, she reported additional sales of 3,798 and 6,100 Options / Right to Buy at $94.127 per underlying share.
Following these transactions, Landau’s Form 4 shows 48,800 Options / Right to Buy beneficially owned directly, and a separate line shows she directly holds 24,400 shares of common stock. The filing reflects her status as a director and indicates the report is filed by one reporting person.
Monarch Casino & Resort Inc. CEO John Farahi, a director and more than 10% owner, reported several equity transactions in the company’s stock. On August 26, 2025, 5,000 shares of common stock were sold at $103.77 per share, leaving 554,110 shares held directly. On December 17, 2025, a further 1,000 shares were sold at $100.63, leaving 553,110 shares held directly.
On September 29, 2025, 13,806 shares were transferred with a transaction code “G,” adjusting direct holdings to 539,304 shares and adding 13,806 shares held indirectly in trusts, bringing those indirect holdings to 2,521,415 shares. In the derivative table, Farahi reported an option grant on December 31, 2025 for 66,666 options with an exercise price of $95.70, expiring December 31, 2035, resulting in 666,666 derivative securities held. A footnote states that one reported sale reflects shares sold from Mr. Farahi’s Foundation account.
Monarch Casino & Resort Inc. president and director Bob Farahi reported a grant of options to buy 33,333 shares of common stock at an exercise price of $95.7 per share on December 31, 2025. After this grant, he holds 166,667 options at that price, alongside other option awards with different exercise prices and maturities.
Farahi also reports beneficial ownership of 181,686 shares of common stock held directly and 961,774 shares held indirectly in trusts. This filing is primarily an update on his equity compensation and overall share and option holdings in the company.