Red Rock Resorts (RRR) CFO reports 1,271-share tax withholding on equity vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Red Rock Resorts EVP & Chief Financial Officer Stephen Lawrence Cootey reported an automatic share withholding related to equity compensation. On February 10, 2026, 1,271 shares of Class A common stock were withheld by the company at $66.24 per share to cover taxes upon vesting of previously granted restricted shares.
This was a tax-withholding disposition rather than an open-market trade. After this transaction, Cootey directly beneficially owned 258,997 shares of Red Rock Resorts Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cootey Stephen Lawrence
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | CLASS A COMMON STOCK | 1,271 | $66.24 | $84K |
Holdings After Transaction:
CLASS A COMMON STOCK — 258,997 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Red Rock Resorts (RRR) report for February 10, 2026?
Red Rock Resorts reported that EVP & CFO Stephen Lawrence Cootey had 1,271 Class A shares withheld on February 10, 2026 to cover taxes on vesting restricted stock, rather than executing an open-market purchase or sale.
Did the Red Rock Resorts (RRR) CFO make an open-market stock sale?
The CFO did not execute an open-market sale. Instead, Red Rock Resorts withheld 1,271 Class A shares from Stephen Lawrence Cootey to cover tax liabilities tied to vesting restricted shares, which is treated as a tax-withholding disposition.
What does transaction code "F" mean in the Red Rock Resorts (RRR) Form 4?
Transaction code “F” indicates a disposition of shares to pay an exercise price or tax liability. In this case, 1,271 Red Rock Resorts Class A shares were withheld from the CFO to cover taxes on vesting restricted stock previously granted.