Wynn Resorts (WYNN) CFO discloses 20,835-share equity stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
WYNN RESORTS LTD CFO Craig Jeffrey Fullalove reports his initial ownership of 20,835 shares of common stock. This includes 18,662 restricted shares granted under the company’s Amended and Restated 2014 Omnibus Incentive Plan that vest over time based on continued service.
An additional 1,475 restricted shares are tied to pre-established financial performance goals for the years ending December 31, 2026, 2027 and 2028, with potential vesting on February 28, 2027, 2028 and 2029, subject to employment-based accelerated vesting provisions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fullalove Craig Jeffrey
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 20,835 shares (Direct)
Footnotes (1)
- Includes 18,662 restricted shares of common stock, par value $0.01 per share, of Wynn Resorts, Limited (the "Company") granted to the reporting person pursuant to the Company's Amended and Restated 2014 Omnibus Incentive Plan (the "Plan"). Vesting of the shares is conditioned on continued service through the applicable vesting dates, provided that if the reporting person's employment with the Company is terminated, certain accelerated vesting provisions may apply. Includes 1,475 restricted shares of common stock, par value $0.01 per share, of the Company granted pursuant to the Plan. Vesting is based on achievement of pre-established financial performance goals in each of the years ended December 31, 2026, 2027 and 2028, and if met, shares will vest on each of the dates of February 28, 2027, 2028 and 2029; provided that if the reporting person's employment with the Company is terminated, certain accelerated vesting provisions may apply.
Key Figures
Total shares owned: 20,835 shares
Time-based restricted shares: 18,662 shares
Performance-based restricted shares: 1,475 shares
3 metrics
Total shares owned
20,835 shares
Common stock beneficially owned following reported holdings
Time-based restricted shares
18,662 shares
Restricted shares granted under 2014 Omnibus Incentive Plan; service-based vesting
Performance-based restricted shares
1,475 shares
Restricted shares vesting based on financial performance goals for 2026–2028
Key Terms
restricted shares, Amended and Restated 2014 Omnibus Incentive Plan, vesting, financial performance goals
4 terms
Amended and Restated 2014 Omnibus Incentive Plan financial
"granted to the reporting person pursuant to the Company's Amended and Restated 2014 Omnibus Incentive Plan"
vesting financial
"Vesting of the shares is conditioned on continued service through the applicable vesting dates"
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.
financial performance goals financial
"Vesting is based on achievement of pre-established financial performance goals in each of the years ended December 31, 2026, 2027 and 2028"
FAQ
What does the WYNN Form 3 filing show for CFO Craig Jeffrey Fullalove?
The Form 3 shows CFO Craig Jeffrey Fullalove beneficially owns 20,835 shares of Wynn Resorts common stock. This total includes both time-based and performance-based restricted shares granted under the company’s Amended and Restated 2014 Omnibus Incentive Plan.
What performance-based equity does the WYNN CFO report on Form 3?
The CFO reports 1,475 performance-based restricted shares of Wynn Resorts common stock. Vesting depends on achieving pre-established financial performance goals for 2026, 2027 and 2028, with potential vesting dates on February 28 of 2027, 2028 and 2029.
Does the WYNN Form 3 indicate any recent insider buying or selling by the CFO?
No specific purchases or sales are listed; the Form 3 is an initial statement of holdings. It discloses that the CFO beneficially owns 20,835 shares after the reported entries, without detailing any buy or sell transactions in this filing.