Red Rock Resorts (RRR) president exercises 175,000 options and sells stock
Rhea-AI Filing Summary
Red Rock Resorts, Inc. President Scott Kreeger reported an option exercise-and-sale sequence involving Class A common stock. On August 6, 2026, he exercised employee stock options for 46,400 and 128,600 shares at exercise prices of $42.56 and $44.19 per share, respectively, receiving the same number of Class A shares. Also on August 6, 143,841 shares of Class A common stock were delivered or withheld at $61.945 per share for payment of exercise price or tax liability. On August 7, 2026, he sold 31,159 Class A shares in the open market at a weighted average price of $61.777 per share, with individual sale prices ranging from $61.38 to $62.27.
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Insights
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Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
6 txns
Insider
KREEGER SCOTT
Role
President
Sold
31,159 shs ($1.92M)
Approx. gross sale proceeds
$1.92M
Approx. exercise cost
$7.66M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | CLASS A COMMON STOCK F2 | 31,159 | $61.777 | $1.92M |
| Exercise | EMPLOYEE STOCK OPTION (RIGHT TO BUY) F1 | 46,400 | $0.00 | $0.00 |
| Exercise | EMPLOYEE STOCK OPTION (RIGHT TO BUY) F1 | 128,600 | $0.00 | $0.00 |
| Exercise | CLASS A COMMON STOCK | 46,400 | $42.56 | $1.97M |
| Exercise | CLASS A COMMON STOCK | 128,600 | $44.19 | $5.68M |
| Exercise Price or Tax Liability | CLASS A COMMON STOCK | 143,841 | $61.945 | $8.91M |
Holdings After Transaction:
EMPLOYEE STOCK OPTION (RIGHT TO BUY) — 201,286 shares (Direct);
CLASS A COMMON STOCK — 203,881 shares (Direct)
Footnotes (2)
- F1. This stock option previously vested in accordance with the terms of the applicable vesting schedule.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.38 to $62.27, inclusive. The reporting person undertakes to provide to Red Rock Resorts, Inc., any security holder of Red Rock Resorts, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Footnote 2.
Key Figures
Open-market shares sold: 31,159 shares
Weighted average sale price: $61.777 per share
Options exercised (total shares): 175,000 shares
+3 more
6 metrics
Open-market shares sold
31,159 shares
Class A common stock sale on August 7, 2026
Weighted average sale price
$61.777 per share
Open-market sale of 31,159 Class A shares
Options exercised (total shares)
175,000 shares
Employee stock options exercised on August 6, 2026
Option exercise prices
$42.56 and $44.19 per share
Exercise of 46,400 and 128,600 underlying shares
Shares delivered/withheld (code F)
143,841 shares
Payment of exercise price or tax liability at $61.945 per share
Sale price range
$61.38–$62.27 per share
Price range for August 7, 2026 open-market sale
Key Terms
weighted average price, employee stock option, exercise price or tax liability
3 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
employee stock option financial
"EMPLOYEE STOCK OPTION (RIGHT TO BUY) reported as a derivative security."
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Red Rock Resorts (RRR) President Scott Kreeger report in this Form 4?
Scott Kreeger reported derivative option exercises for a total of 175,000 shares of Class A common stock and subsequent share dispositions, including an open-market sale of 31,159 shares and a code F share delivery or withholding.
How many Red Rock Resorts (RRR) options did Scott Kreeger exercise and at what prices?
He exercised employee stock options for 46,400 shares at $42.56 per share and 128,600 shares at $44.19 per share, both into Class A common stock, totaling 175,000 underlying shares exercised on August 6, 2026.
What is the code F transaction reported by Scott Kreeger in Red Rock Resorts (RRR) stock?
The filing shows a code F transaction where 143,841 Class A shares were delivered or withheld at $61.945 per share on August 6, 2026 for payment of exercise price or tax liability linked to the option exercises.
Were Scott Kreeger’s Red Rock Resorts (RRR) transactions under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not checked, meaning these reported transactions were not affirmatively designated as being made pursuant to a Rule 10b5-1 trading plan.