Red Rock Resorts (RRR) director awarded 3,221 Class A restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Red Rock Resorts, Inc. director James E. Nave, D.V.M. reported an equity grant of Class A common stock. On February 12, 2026, he acquired 3,221 shares at $0 per share as a restricted stock award under the company’s Amended and Restated 2016 Equity Incentive Plan.
Following this award, he directly holds 56,754 Class A shares. Restricted stock awards are a form of stock-based compensation that typically vest over time, aligning a director’s interests with those of other shareholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
NAVE JAMES E D V M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | CLASS A COMMON STOCK | 3,221 | $0.00 | -- |
Holdings After Transaction:
CLASS A COMMON STOCK — 56,754 shares (Direct)
Footnotes (1)
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FAQ
Was the Red Rock Resorts (RRR) insider transaction a purchase or an equity grant?
The transaction was an equity grant, not an open-market purchase. Director James E. Nave, D.V.M. acquired 3,221 Class A shares as a restricted stock award at $0 per share, characterized as a grant or other acquisition of stock-based compensation.
What is the transaction code used in the Red Rock Resorts (RRR) Form 4 for this award?
The transaction is coded as “A,” which denotes a grant, award, or other acquisition of securities. In this case, it reflects the issuance of 3,221 restricted shares of Class A common stock to director James E. Nave, D.V.M. at no cash cost per share.
Is the Red Rock Resorts (RRR) insider ownership reported as direct or indirect?
The ownership reported for this transaction is direct. After receiving the 3,221-share restricted stock award, James E. Nave, D.V.M. is listed as directly holding a total of 56,754 Class A common shares in Red Rock Resorts.