STOCK TITAN

Red Rock Resorts (RRR) CFO has shares withheld to cover tax obligations

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Red Rock Resorts, Inc. reported that EVP & Chief Financial Officer Stephen Lawrence Cootey had 3,952 shares of Class A common stock withheld by the company at $58.81 per share to cover taxes upon vesting of previously granted restricted shares. After this tax-withholding event, he directly holds 255,045 shares of Class A common stock.

Positive

  • None.

Negative

  • None.
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*
Cootey Stephen Lawrence

(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 & Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026
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 STOCK03/18/2026F3,952(1)D$58.81255,045D
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. Represents number of shares withheld by the company to cover applicable taxes upon vesting of restricted shares previously granted.
/s/ Jeffrey T. Welch, as attorney-in-fact for the Reporting Person03/20/2026
** 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)

FAQ

What insider transaction did Red Rock Resorts (RRR) report for Stephen Lawrence Cootey?

Red Rock Resorts reported that EVP & Chief Financial Officer Stephen Lawrence Cootey had 3,952 shares of Class A common stock withheld to cover taxes. The shares were tied to the vesting of previously granted restricted stock awards.

Was the Red Rock Resorts (RRR) Form 4 transaction an open-market sale?

No, the transaction was not an open-market sale. The company withheld 3,952 shares of Class A common stock to satisfy tax obligations when restricted shares vested, a routine administrative disposition rather than a discretionary stock sale.

How many Red Rock Resorts (RRR) shares were involved in the tax-withholding event?

The event involved 3,952 shares of Red Rock Resorts Class A common stock, withheld by the company at a reference price of $58.81 per share to cover applicable taxes upon vesting of restricted stock previously granted to the executive.

How many Red Rock Resorts (RRR) shares does Stephen Lawrence Cootey hold after this Form 4 transaction?

Following the tax-withholding disposition, Stephen Lawrence Cootey directly holds 255,045 shares of Red Rock Resorts Class A common stock. This figure reflects his position after the 3,952 shares were withheld by the company to cover related tax obligations.

What does transaction code "F" mean in the Red Rock Resorts (RRR) Form 4 filing?

Transaction code “F” in this Form 4 indicates a tax-withholding disposition, where shares are delivered or withheld to pay exercise price or tax liability. Here, Red Rock Resorts withheld shares upon vesting of previously granted restricted stock.

What price per share was used for the Red Rock Resorts (RRR) tax-withholding transaction?

The tax-withholding transaction used a price of $58.81 per share for the 3,952 shares of Class A common stock withheld. This price is used solely for reporting the value of the shares delivered to satisfy the executive’s tax obligations.
Red Rock Resorts Inc

NASDAQ:RRR

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3.54B
54.35M
Resorts & Casinos
Hotels & Motels
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United States
LAS VEGAS