Wynn CEO has shares withheld for taxes
WYNN RESORTS LTD CEO and director Craig Scott Billings reported tax-related share dispositions rather than open-market sales.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 3,293 | $108.19 | $356K |
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 3,388 | $108.19 | $367K |
| Exercise Price or Tax Liability | 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 | -- | -- | -- |
Footnotes (3)
- F1. Shares withheld to satisfy tax withholding obligation upon vesting of restricted stock previously granted on January 12, 2023.
- F2. Shares withheld to satisfy tax withholding obligation upon vesting of restricted stock previously granted on January 9, 2024.
- F3. Shares withheld to satisfy tax withholding obligation upon vesting of restricted stock previously granted on January 7, 2025.
FAQ
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What insider transaction did WYNN CEO Craig Scott Billings report?
Were the WYNN Form 4 transactions open-market sales or tax withholdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.