[Form 4] Red Rock Resorts, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Red Rock Resorts (RRR) insider Kord Nichols, EVP & Chief Operating Officer, reported a sale of 5,250 shares of Class A common stock on 08/13/2025 at a price of $61 per share. After the transaction, the filing shows 124,111 shares beneficially owned, reported as direct ownership. The Form 4 is a routine Section 16 disclosure documenting this change in holdings.

Insights

Securities Analyst

TL;DR Routine insider sale by an executive; modest in size relative to total reported holdings.

The filing documents a straightforward sale of 5,250 Class A shares by the company's EVP & COO at $61 per share, leaving 124,111 shares directly beneficially owned. There is no indication of option exercises, derivative transactions, or a related trading plan in the text provided. For investors, this is a standard Section 16 disclosure that updates ownership but does not itself provide information on intent or company performance.

Corporate Governance Expert

TL;DR Compliance-focused filing showing required disclosure of an insider sale; no governance red flags visible.

The Form 4 meets reporting obligations by identifying the reporting person, role (EVP & COO), transaction date, number of shares sold, sale price, and resulting direct ownership. There are no amendments, no indicated 10b5-1 plan checkbox, and no derivative activity disclosed. From a governance perspective, the document is complete for this single transaction and does not reveal any material corporate governance concerns on its face.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Nichols Kord

(Last) (First) (Middle)

C/O RED ROCK RESORTS, INC.

1505 SOUTH PAVILION CENTER DRIVE

(Street)

LAS VEGAS NV 89135

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Red Rock Resorts, Inc. [ RRR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/13/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
CLASS A COMMON STOCK	08/13/2025		S		5,250	D	$61	124,111	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Jeffrey T. Welch	08/14/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the Form 4 for Red Rock Resorts (RRR) report?

The Form 4 reports that EVP & COO Kord Nichols sold 5,250 Class A shares on 08/13/2025 at $61 per share and now beneficially owns 124,111 shares.

Does the Form 4 show any option exercises or derivative transactions for RRR?

No. The filing contains only a non-derivative sale of Class A common stock and shows no derivatives or option exercises.

Is there an indication the sale was part of a 10b5-1 trading plan?

The filing does not check or state that the transaction was made pursuant to a 10b5-1(c) plan; no such plan is indicated in the provided content.

Who signed the Form 4 and when?

The document shows a signature line signed by Jeffrey T. Welch dated 08/14/2025.

How many shares did the reporting person own after the transaction?

After the reported sale, the filing shows the reporting person beneficially owned 124,111 shares of Class A common stock.