[144] Red Rock Resorts, Inc. SEC Filing

Rhea-AI Filing Summary

Director Stephen A. Nolan filed a Form 4 reporting the grant of 1,741 deferred stock units (DSUs) of Quest Resource Holding Corp. (QRHC) on 07/31/2025 under the company’s 2024 Incentive Compensation Plan at an assigned value of $2.01 per unit. The DSUs will convert into common stock upon Nolan’s separation from service.

• Post-transaction DSU holdings: 75,609 units held directly.
• Common-stock holdings: 82,176 shares, including 5,000 jointly held with his spouse.

The filing increases the director’s equity exposure but represents routine, compensation-related issuance rather than an open-market purchase, so its standalone market impact is expected to be limited.

Insights

Securities Analyst

TL;DR: Routine DSU grant; modest alignment, negligible market impact.

The 1,741-unit award raises Nolan’s direct DSU position by roughly 2.3%. Because the grant is compensation-driven and not an elective, cash-funded purchase, it sends a neutral signal about insider conviction. Total ownership—75,609 DSUs plus 82,176 common shares—remains meaningful for governance alignment but the incremental change is immaterial to QRHC’s float. I classify the event as not impactful for valuation or liquidity.

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

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

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
Class A Common Stock	Merrill Lynch 225 Liberty St Floor 37 New York NY 10281	56653	3412384.30	60092344	08/01/2025	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 *
Class A Common Stock	07/31/2025	Stock swap of employee stock options	Red Rock Resorts, Inc.			56653	07/31/2025	Broker assisted stock swap

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)