RRR insider sale via net-settled option exercise scheduled 08/12/2025

Rhea-AI Filing Summary

Red Rock Resorts filed a Form 144 reporting a proposed sale of 42,325 shares of Class A common stock, with an aggregate market value of $2,480,836.82. The shares represent part of the 59,505,818 shares outstanding and are scheduled for sale on 08/12/2025 through Merrill Lynch.

The filing states the securities were acquired on 08/11/2025 in a broker-assisted net settlement of employee stock options. The form indicates no shares sold in the past three months and includes the required representation that the seller knows of no undisclosed material adverse information about the issuer.

Insights

Securities Analyst

TL;DR Routine insider sale via net-settled option exercise; appears procedural and disclosed under Rule 144.

The notice documents a proposed sale of 42,325 Class A shares executed through a broker-assisted net settlement following an employee option exercise on 08/11/2025, with sale planned for 08/12/2025 on NASDAQ. The filing reports no other sales in the prior three months and provides the standard Rule 144 seller representation. From a disclosure perspective, the form meets Rule 144 reporting requirements and supplies broker and transaction timing details.

Corporate Governance Expert

TL;DR Form 144 shows a compliant, documented disposition tied to option exercise; no governance red flags in the filing text.

The document records the mechanics of the transfer: acquisition on 08/11/2025 via net-settled employee stock options and broker-assisted settlement, with Merrill Lynch identified as broker. The filing includes the seller's representation regarding material information and shows "Nothing to Report" for prior three-month sales. Based on the information provided, this appears to be a routine, compliant disclosure rather than a governance concern.

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 Street Floor 37 New York NY 10281	42325	2480836.82	59505818	08/12/2025	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	08/11/2025	Net settled exercise of employee stock options	Red Rock Resorts, Inc.			42325	08/11/2025	Broker assisted net settlement of employee stock options

* 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)

FAQ

What does Red Rock Resorts (RRR) disclose in this Form 144?

The Form 144 reports a proposed sale of 42,325 Class A shares valued at $2,480,836.82, to be sold on 08/12/2025 via Merrill Lynch.

How were the shares acquired according to the filing for RRR?

The shares were acquired on 08/11/2025 through a net settled exercise of employee stock options with broker-assisted net settlement.

Does the Form 144 report any other sales in the past three months for RRR?

No. The filing states "Nothing to Report" for securities sold during the past three months.

Which broker is handling the proposed sale of RRR shares?

The sale is listed as being handled by Merrill Lynch at 225 Liberty Street, Floor 37, New York, NY, and the planned exchange is NASDAQ.

What representation does the seller make in the Form 144 filing?

The seller represents by signing the notice that they do not know any material adverse information about the current or prospective operations of the issuer that has not been publicly disclosed.