Fertitta-linked entity sells WYNN (WYNN) call options on 300,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hospitality Headquarters Inc., an entity associated with Tilman J. Fertitta, sold call options with an obligation to sell a total of 300,000 shares of Wynn Resorts common stock. The Form 4 shows three open-market sales of 100,000 call options each on June 24, 2026, with strike prices of $126, $127, and $128 per share, all expiring on January 29, 2027. Premiums received per option were between about $3.85 and $4.30. Fertitta may be deemed to share beneficial ownership through his control of the related entities.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 300,000 shares ($1,221,500)
Net Sell
3 txns
Insider
FERTITTA TILMAN J, Fertitta Entertainment, Inc., Hospitality Headquarters Inc, Fertitta Entertainment, LLC
Role
null | null | null | null
Sold
300,000 shs ($1.22M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Call Option (obligation to sell) | 100,000 | $4.3011 | $430K |
| Sale | Call Option (obligation to sell) | 100,000 | $4.0665 | $407K |
| Sale | Call Option (obligation to sell) | 100,000 | $3.8474 | $385K |
Holdings After Transaction:
Call Option (obligation to sell) — 100,000 shares (Indirect, See footnotes)
Footnotes (1)
- Mr. Fertitta is the sole shareholder of Fertitta Entertainment, Inc., which is the sole shareholder of Hospitality Headquarters, Inc. and the sole indirect owner of Fertitta Entertainment, LLC. As such, Mr. Fertitta may be deemed to share beneficial ownership of the securities held of record by Fertitta Entertainment, Inc., Hospitality Headquarters, Inc. and Fertitta Entertainment, LLC. The options are held of record by Hospitality Headquarters, Inc.
Key Figures
Total underlying shares: 300,000 shares
First option tranche premium: $3.8474 per option
Second option tranche premium: $4.0665 per option
+3 more
6 metrics
Total underlying shares
300,000 shares
Underlying Wynn Resorts common stock for call options sold
First option tranche premium
$3.8474 per option
100,000 call options sold on June 24, 2026, strike $128
Second option tranche premium
$4.0665 per option
100,000 call options sold on June 24, 2026, strike $127
Third option tranche premium
$4.3011 per option
100,000 call options sold on June 24, 2026, strike $126
Option strike prices
$126, $127, $128
Exercise prices per share for WYNN call options
Option expiration date
January 29, 2027
Expiration for all reported WYNN call option tranches
Key Terms
Call Option (obligation to sell), beneficial ownership, ten percent owner
3 terms
Call Option (obligation to sell) financial
"security_title: Call Option (obligation to sell)"
beneficial ownership financial
"Mr. Fertitta may be deemed to share beneficial ownership of the securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
ten percent owner financial
"reporting persons are flagged as is_ten_percent_owner: 1"
FAQ
What insider transaction did WYNN ten percent owner entities report?
Entities associated with Tilman J. Fertitta reported selling call options tied to 300,000 WYNN shares. The options obligate them to sell Wynn Resorts common stock if exercised before expiration, representing a sizable derivative position rather than a direct share sale.
Who actually holds the WYNN options reported in the Fertitta Form 4?
The options are held of record by Hospitality Headquarters Inc., an entity indirectly controlled by Tilman J. Fertitta. Fertitta may be deemed to share beneficial ownership through Fertitta Entertainment, Inc. and Fertitta Entertainment, LLC, according to the Form 4 footnotes.
When do the WYNN call options sold by Hospitality Headquarters expire?
All three tranches of call options reported in the Form 4 share the same expiration date of January 29, 2027. This means option holders can choose to exercise their right to buy Wynn Resorts shares at the agreed strike prices until that date.