Form 4: Lewis Robert E reports acquisition/exercise transactions in RRR
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lewis Robert E reported acquisition or exercise transactions in a Form 4 filing for RRR. The filing lists transactions totaling 3,221 shares. Following the reported transactions, holdings were 56,754 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lewis Robert E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | CLASS A COMMON STOCK | 3,221 | $0.00 | -- |
Holdings After Transaction:
CLASS A COMMON STOCK — 56,754 shares (Direct)
Footnotes (1)
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FAQ
What did Red Rock Resorts (RRR) disclose in this Form 4 filing?
Red Rock Resorts disclosed that director Lewis Robert E received 3,221 Class A shares as a restricted stock award. The grant is part of the company’s Amended and Restated 2016 Equity Incentive Plan and increases his directly owned stake in Red Rock Resorts.
What is the transaction code used in the Red Rock Resorts (RRR) Form 4?
The Form 4 uses transaction code “A,” indicating a grant, award, or other acquisition of securities. In this case, it reflects a restricted stock award of 3,221 Class A shares to a director as equity compensation rather than a market buy or sell transaction.
Is the Red Rock Resorts (RRR) director’s ownership direct or indirect in this filing?
The Form 4 reports the director’s ownership as direct, indicated by the ownership code “D.” This means the 56,754 Class A shares, including the 3,221-share restricted stock award, are directly beneficially owned rather than held through an intermediary entity or trust.