STOCK TITAN

Red Rock Resorts CLO sells 9,000 shares at $55.88

Red Rock Resorts’ chief legal officer reported selling 9,000 Class A shares and now directly holds 342,307 shares.

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Red Rock Resorts, Inc. (RRR) insider Jeffrey T. Welch, EVP and Chief Legal Officer, sold 9,000 shares of Class A common stock on September 1, 2026, in an open-market or private transaction at a weighted average price of about $55.88 per share, with individual trade prices ranging from $55.45 to $56.11. Following this sale, he directly holds 342,307 shares of Class A common stock, and no Rule 10b5-1 trading plan is reported for this transaction.

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Insights

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Insider Welch Jeffrey T
Role EVP and Chief Legal Officer
Sold 9,000 shs ($503K)
Type Security Shares Price Value
Sale CLASS A COMMON STOCK F1 9,000 $55.876 $503K
Holdings After Transaction: CLASS A COMMON STOCK — 342,307 shares (Direct)
Footnotes (1)
  1. F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.45 to $56.11, 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.
Shares sold 9,000 shares Class A common stock sold by Jeffrey T. Welch on September 1, 2026
Weighted average sale price $55.88 per share Average price across multiple sale transactions on September 1, 2026
Sale price range $55.45–$56.11 per share Range of prices for the multiple sale transactions reported in Footnote 1
Shares held after transaction 342,307 shares Direct Class A common stock holdings of Jeffrey T. Welch after the sale
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.
open market or private transaction financial
"Sale in open market or private transaction"
Rule 10b5-1 trading plan regulatory
"No Rule 10b5-1 trading plan is reported for this transaction"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

FAQ

What insider transaction did Red Rock Resorts (RRR) report for Jeffrey T. Welch?

Jeffrey T. Welch, EVP and Chief Legal Officer of Red Rock Resorts, sold 9,000 shares of Class A common stock on September 1, 2026 in an open-market or private transaction and reported his updated holdings afterward.

At what price were the 9,000 Red Rock Resorts (RRR) shares sold by Jeffrey T. Welch?

The 9,000 shares were sold at a weighted average price of about $55.88 per share. The filing states the trades occurred in multiple transactions at prices ranging from $55.45 to $56.11 per share.

How many Red Rock Resorts (RRR) shares does Jeffrey T. Welch hold after the reported sale?

After the sale, Jeffrey T. Welch directly holds 342,307 shares of Red Rock Resorts Class A common stock, according to the reported post-transaction ownership figure.

Was the Red Rock Resorts (RRR) insider sale by Jeffrey T. Welch under a Rule 10b5-1 trading plan?

No. The document-level Rule 10b5-1 box is left unchecked, and there is no footnote indicating a trading plan, so this sale is not reported as being made under a Rule 10b5-1 trading plan.

What type of transaction did the Red Rock Resorts (RRR) Form 4 disclose?

The Form 4 discloses a sale of Class A common stock by an officer in an open-market or private transaction on September 1, 2026, rather than a grant, option exercise, or gift.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Welch Jeffrey T

(Last)(First)(Middle)
C/O RED ROCK RESORTS, INC.
1505 SOUTH PAVILION CENTER DRIVE

(Street)
LAS VEGAS NEVADA 89135

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Red Rock Resorts, Inc. [ RRR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP and Chief Legal Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
CLASS A COMMON STOCK09/01/2026S9,000D$55.876(1)342,307D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.45 to $56.11, 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.
/s/ Jeffrey T. Welch09/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)