Wynn Resorts (NASDAQ: WYNN) CEO reports tax-withheld share dispositions
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WYNN RESORTS LTD CEO and director Craig Scott Billings reported tax-related share dispositions rather than open-market sales. On February 28, 2026, common shares were withheld at $108.19 per share to cover tax obligations upon vesting of restricted stock granted on January 12, 2023, January 9, 2024, and January 7, 2025. After these transactions, he directly holds 266,249 common shares, plus performance share units totaling 21,521, 24,864, and 14,093. He also indirectly holds 156,189 common shares through a family trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Billings Craig Scott
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.01 per share | 3,293 | $108.19 | $356K |
| Tax Withholding | Common Stock, par value $0.01 per share | 3,388 | $108.19 | $367K |
| Tax Withholding | Common Stock, par value $0.01 per share | 3,914 | $108.19 | $423K |
| holding | Performance Share Units | -- | -- | -- |
| holding | Performance Share Units | -- | -- | -- |
| holding | Performance Share Units | -- | -- | -- |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 269,637 shares (Direct);
Performance Share Units — 21,521 shares (Direct);
Common Stock, par value $0.01 per share — 156,189 shares (Indirect, By Family Trust)
Footnotes (1)
- Shares withheld to satisfy tax withholding obligation upon vesting of restricted stock previously granted on January 12, 2023. Shares withheld to satisfy tax withholding obligation upon vesting of restricted stock previously granted on January 9, 2024. Shares withheld to satisfy tax withholding obligation upon vesting of restricted stock previously granted on January 7, 2025.
FAQ
What insider transaction did WYNN CEO Craig Scott Billings report?
Craig Scott Billings reported shares being withheld to pay taxes on vesting restricted stock, not open-market sales. These were coded as tax-withholding dispositions and occurred on February 28, 2026 at a price of $108.19 per share.
Were the WYNN Form 4 transactions open-market sales or tax withholdings?
The reported WYNN transactions were tax-withholding dispositions, not open-market sales. Shares were withheld to satisfy tax obligations when restricted stock granted in 2023, 2024, and 2025 vested on February 28, 2026.