Tax withholding trims Red Rock Resorts (RRR) COO Nichols’ stake by 1,303 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Red Rock Resorts EVP & Chief Operating Officer Kord Nichols reported a routine tax-related share withholding. On February 10, 2026, the company withheld 1,303 shares of Class A common stock at $66.24 per share to cover taxes due on previously granted restricted shares that vested.
After this tax-withholding disposition, Nichols beneficially owned 85,733 shares of Red Rock Resorts Class A common stock, held in direct ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Nichols Kord
Role
EVP & Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | CLASS A COMMON STOCK | 1,303 | $66.24 | $86K |
Holdings After Transaction:
CLASS A COMMON STOCK — 85,733 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Red Rock Resorts (RRR) report for Kord Nichols?
Red Rock Resorts reported that EVP & Chief Operating Officer Kord Nichols had 1,303 Class A common shares withheld by the company to cover taxes upon vesting of previously granted restricted shares on February 10, 2026.
Was the Red Rock Resorts (RRR) Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. The company withheld 1,303 shares of Class A common stock to satisfy tax obligations when restricted shares vested for executive Kord Nichols.
What does transaction code “F” mean in the Red Rock Resorts (RRR) Form 4?
Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. Here, 1,303 shares of Red Rock Resorts Class A stock were withheld by the company to cover taxes on vesting restricted shares for Kord Nichols.
What role does Kord Nichols hold at Red Rock Resorts (RRR) in this Form 4 filing?
In this Form 4, Kord Nichols is identified as an officer of Red Rock Resorts, serving as EVP & Chief Operating Officer. He is not listed as a director or 10% owner in the filing’s relationship section.