Red Rock Resorts president granted stock and options
Red Rock Resorts, Inc. President Scott Kreeger reported receiving equity compensation on Class A common stock.
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Form Type
4
Rhea-AI Filing Summary
Red Rock Resorts, Inc. President Scott Kreeger reported receiving equity compensation on Class A common stock. He was granted 45,130 restricted shares and 91,583 employee stock options with a $62.32 exercise price. The awards vest 25% on each of the first four anniversaries of June 11, 2026, contingent on continued service, bringing his direct holdings to 203,881 shares and 91,583 options.
Insider Trade Summary
Grant/Award: 136,713 shares
Grant/Award
2 txns
Insider
KREEGER SCOTT
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 91,583 | $0.00 | $0.00 |
| Grant/Award | CLASS A COMMON STOCK | 45,130 | $0.00 | $0.00 |
Holdings After Transaction:
EMPLOYEE STOCK OPTION (RIGHT TO BUY) — 91,583 contracts (Direct);
CLASS A COMMON STOCK — 203,881 shares (Direct)
Footnotes (2)
- F1. Represents a restricted stock award (the "Restricted Stock Award") pursuant to the Issuer's Amended and Restated 2016 Equity Incentive Plan. The Restricted Stock Award vests 25% on each first four anniversaries of June 11, 2026, subject to the Reporting Person's continued service with the Issuer.
- F2. Represents a stock option award (the "Stock Option Award") pursuant to the Issuer's Amended and Restated 2016 Equity Incentive Plan. The Stock Option Award vests 25% on each first four anniversaries of June 11, 2026, subject to the Reporting Person's continued service with the Issuer.
Key Figures
Restricted shares granted: 45,130 shares
Options granted: 91,583 options
Option exercise price: $62.32 per share
+3 more
6 metrics
Restricted shares granted
45,130 shares
Restricted stock award on June 11, 2026
Options granted
91,583 options
Employee stock option award on June 11, 2026
Option exercise price
$62.32 per share
Employee stock option strike price
Shares held after grant
203,881 shares
Direct Class A common stock holdings after transactions
Option expiration
June 11, 2036
Expiration date of stock option award
Vesting schedule
25% per year over 4 years
Both restricted stock and option awards from June 11, 2026
Key Terms
restricted stock award, Amended and Restated 2016 Equity Incentive Plan, stock option award, employee stock option (right to buy), +1 more
5 terms
restricted stock award financial
"Represents a restricted stock award (the "Restricted Stock Award") pursuant to the Issuer's Amended and Restated 2016 Equity Incentive Plan."
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
Amended and Restated 2016 Equity Incentive Plan financial
"pursuant to the Issuer's Amended and Restated 2016 Equity Incentive Plan."
stock option award financial
"Represents a stock option award (the "Stock Option Award") pursuant to the Issuer's Amended and Restated 2016 Equity Incentive Plan."
A stock option award is a grant that gives an employee the right to buy a company’s shares at a fixed price for a limited time, often becoming available gradually over a set schedule. Investors care because these awards align workers’ incentives with company performance, can increase employee loyalty, and may create future share dilution and compensation expense that affect earnings per share and shareholder value.
employee stock option (right to buy) financial
"EMPLOYEE STOCK OPTION (RIGHT TO BUY)"
vesting financial
"vests 25% on each first four anniversaries of June 11, 2026, subject to the Reporting Person's continued service"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Red Rock Resorts (RRR) President Scott Kreeger receive?
Scott Kreeger received a grant of 45,130 restricted Class A common shares and 91,583 employee stock options. These awards are part of Red Rock Resorts’ Amended and Restated 2016 Equity Incentive Plan and represent compensation rather than open-market share purchases.
What is the exercise price of Scott Kreeger’s new Red Rock Resorts stock options?
The employee stock options granted to Scott Kreeger have an exercise price of $62.32 per share. He received 91,583 options in total, each linked to Class A common stock, providing potential future ownership if he chooses to exercise them at or above that price.
How do Scott Kreeger’s Red Rock Resorts restricted stock awards vest?
The 45,130 restricted shares vest in four equal 25% installments on the first four anniversaries of June 11, 2026. Vesting is conditioned on Kreeger’s continued service with Red Rock Resorts, aligning the award with long-term employment and performance horizons.
How do Scott Kreeger’s new Red Rock Resorts stock options vest and when do they expire?
The 91,583 stock options vest 25% on each of the first four anniversaries of June 11, 2026, subject to his continued service. The options expire on June 11, 2036, giving a long-term window to exercise if the stock trades above the $62.32 strike.
Were Scott Kreeger’s Red Rock Resorts transactions open-market buys or sales?
The filing shows no open-market buys or sales. Instead, Scott Kreeger acquired 45,130 restricted shares and 91,583 stock options as compensation awards, both granted at a price of $0.00 per share, with vesting tied to continued employment at Red Rock Resorts.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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