Red Rock Resorts (RRR) COO has 4,065 shares withheld for taxes

Rhea-AI Filing Summary

Red Rock Resorts, Inc. executive vice president and chief operating officer Nichols Kord reported a routine tax-related share disposition. On this Form 4, 4,065 shares of Class A common stock were withheld by the company at a price of $58.81 per share to cover taxes due upon vesting of previously granted restricted shares, as noted in the footnote. After this withholding, Kord directly holds 81,668 shares of Class A common stock.

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

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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 NEVADA 89135

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026

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

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

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

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	03/18/2026		F		4,065(1)	D	$58.81	81,668	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:

1. Represents number of shares withheld by the company to cover applicable taxes upon vesting of restricted shares previously granted.

	/s/ Jeffrey T. Welch, as attorney in fact for the Reporting Person	03/20/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Nichols Kord report for Red Rock Resorts (RRR)?

Nichols Kord reported a tax-related share disposition. The company withheld 4,065 shares of Class A common stock to cover taxes due upon vesting of previously granted restricted shares, leaving him with 81,668 directly held shares afterward.

How many Red Rock Resorts (RRR) shares were withheld for Nichols Kord’s taxes?

A total of 4,065 shares of Red Rock Resorts Class A common stock were withheld. The shares were valued at $58.81 each and were used to satisfy tax obligations triggered when previously granted restricted shares vested.

Did Nichols Kord sell Red Rock Resorts (RRR) shares on the open market?

The filing does not report an open-market sale. Instead, it shows 4,065 shares withheld by the company to cover tax liabilities upon vesting of restricted shares, which is a standard, non-market transaction categorized as a tax-withholding disposition.

How many Red Rock Resorts (RRR) shares does Nichols Kord hold after this transaction?

After the tax-withholding transaction, Nichols Kord directly holds 81,668 shares of Red Rock Resorts Class A common stock. This figure reflects his position following the 4,065 shares withheld to satisfy the tax obligations tied to his restricted share vesting.

What does transaction code F mean in the Red Rock Resorts (RRR) Form 4?

Transaction code F indicates shares were used to pay an exercise price or tax liability. Here, 4,065 shares were withheld by the company to cover applicable taxes when previously granted restricted shares vested for executive Nichols Kord.

Is Nichols Kord’s Red Rock Resorts (RRR) Form 4 transaction a significant insider signal?

The transaction reflects routine tax withholding on vested restricted shares rather than a discretionary purchase or sale. It shows compensation-related share settlement, with 4,065 shares withheld and 81,668 shares remaining directly owned, a common administrative event for equity awards.