Red Rock CFO has 1,271 shares withheld for taxes
Red Rock Resorts EVP & Chief Financial Officer Stephen Lawrence Cootey reported an automatic share withholding related to equity compensation.
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
Exercise Price or Tax Liability: 1,271 shares
Exercise Price or Tax Liability
1 txn
Insider
Cootey Stephen Lawrence
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | CLASS A COMMON STOCK | 1,271 | $66.24 | $84K |
Holdings After Transaction:
CLASS A COMMON STOCK — 258,997 shares (Direct)
Footnotes (1)
- F1. Represents number of shares withheld by the company to cover applicable taxes upon vesting of restricted shares previously granted.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.