Red Rock Resorts Insider Sale — 37,075 Shares Disposed by EVP
Rhea-AI Filing Summary
Red Rock Resorts insider sale reported on Form 4. Nichols Kord, EVP & Chief Operating Officer of Red Rock Resorts, Inc. (RRR), reported disposition of 37,075 shares of Class A common stock on 08/22/2025. The shares were sold at a weighted average price of $61.026, in multiple transactions at prices ranging from $60.77 to $61.56. Following the reported transaction, the filing shows the reporting person beneficially owned 87,036 shares, held directly. The Form 4 was executed by an attorney in fact and filed with the SEC.
Positive
- None.
Negative
- Officer disposition: Nichols Kord, EVP & COO, disposed of 37,075 Class A shares on 08/22/2025 at a weighted average price of $61.026.
Insights
TL;DR: Routine insider sale by an executive; transaction disclosed clearly, no additional firm-level financial data presented.
The filing documents a direct disposition of 37,075 Class A shares by Nichols Kord, EVP & COO, at a weighted average price of $61.026 on 08/22/2025. The sale price range ($60.77–$61.56) and the post-transaction direct holdings (87,036 shares) are disclosed. As a stand-alone Form 4, this report provides transparency on insider trading activity but contains no operational or earnings information to change an investment thesis by itself.
TL;DR: Disclosure appears complete for a Section 16 sale; signature by attorney in fact is noted.
The Form 4 lists the reporting person, title (EVP & COO), issuer (Red Rock Resorts, Inc., RRR), transaction date, amounts, weighted average price, and a footnote describing the price range and availability of per-transaction details. The form indicates a single reporting person filed and shows direct beneficial ownership after the sale. There are no amendments, plans, or 10b5-1 notations in the provided content.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | CLASS A COMMON STOCK | 37,075 | $61.026 | $2.26M |
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.77 to $61.56, 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 1.
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