STOCK TITAN

Red Rock Resorts officer may sell 9,000 shares

Red Rock Resorts, Inc. (RRR) received a Form 144 notice from officer Jeffrey T. Welch covering a proposed sale of up to 9,000 shares of common stock through Merrill Lynch on or about 09/01/2026 on the NYSE.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Red Rock Resorts, Inc. (RRR) received a Form 144 notice from officer Jeffrey T. Welch covering a proposed sale of up to 9,000 shares of common stock through Merrill Lynch on or about 09/01/2026 on the NYSE. The shares have an aggregate market value of $502,886.09, and the filing notes 59,130,385 shares of common stock outstanding. The 9,000 shares derive from the vesting of restricted stock unit awards, including 6,044 shares vested on 02/18/2024 and 2,956 shares expected to vest on 02/10/2026 under the issuer’s equity compensation plan.

Positive

  • None.

Negative

  • None.
Shares to be sold 9,000 shares of common stock Proposed sale under Form 144 through Merrill Lynch
Aggregate market value $502,886.09 Aggregate market value of 9,000 shares covered by the notice
Shares outstanding 59,130,385 shares Common stock shares outstanding for Red Rock Resorts, Inc.
RSU vesting 2024 6,044 shares Vesting of restricted stock unit awards on 02/18/2024
RSU vesting 2026 2,956 shares Vesting of restricted stock unit awards on 02/10/2026
Planned sale date 09/01/2026 Approximate date of sale for the 9,000 shares on the NYSE
Form 144 regulatory
"144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
restricted stock unit awards financial
"Vesting of restricted stock unit awards | Red Rock Resorts, Inc."
Restricted stock unit awards are company promises to deliver a specific number of shares to employees or service providers in the future once conditions—such as staying with the company for a set time or meeting performance targets—are met. They matter to investors because when the promises convert into actual shares they increase the total share count and can reduce earnings per share, while also aligning recipients’ interests with stock performance much like deferred pay that turns into ownership if goals are met.
equity compensation plan financial
"Granted as part of issuer equity compensation plan"
A plan by which a company gives employees, directors or contractors ownership or the right to buy ownership in the company through stock, options or similar awards — think of promising slices of the company pie as part of someone's pay. It matters to investors because these awards can change the number of shares outstanding, affect reported profits and influence management’s decisions; large or generous plans can dilute existing holders and alter incentives over time.
aggregate market value financial
"9000 | 502886.09 | 59130385 | 09/01/2026"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

What does the Form 144 filed in relation to Red Rock Resorts, Inc. (RRR) disclose?

It discloses that officer Jeffrey T. Welch may sell up to 9,000 shares of Red Rock Resorts, Inc. common stock through Merrill Lynch on or about 09/01/2026 on the NYSE, with an aggregate market value of $502,886.09.

How many Red Rock Resorts, Inc. (RRR) shares are covered by this Form 144?

The notice covers a potential sale of 9,000 shares of Red Rock Resorts, Inc. common stock. These shares are planned to be sold through Merrill Lynch and relate to vested restricted stock unit awards under the company’s equity compensation plan.

What is the reported aggregate market value of the Red Rock Resorts, Inc. (RRR) shares in this Form 144?

The filing reports an aggregate market value of $502,886.09 for the 9,000 shares of Red Rock Resorts, Inc. common stock that may be sold pursuant to this Form 144 notice.

How many Red Rock Resorts, Inc. (RRR) shares are outstanding according to the Form 144?

The Form 144 notes that there are 59,130,385 shares of Red Rock Resorts, Inc. common stock outstanding, providing context for the relative size of the proposed 9,000-share sale.

How were the Red Rock Resorts, Inc. (RRR) shares in this Form 144 acquired?

The shares derive from vesting of restricted stock unit awards granted under the issuer’s equity compensation plan, including 6,044 shares vested on 02/18/2024 and 2,956 shares scheduled to vest on 02/10/2026.

Which broker is named in the Red Rock Resorts, Inc. (RRR) Form 144 filing?

The Form 144 identifies Merrill Lynch, located at 225 Liberty Street, New York, as the broker for the potential sale of 9,000 shares of Red Rock Resorts, Inc. common stock on the NYSE.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature