Wynn Resorts holder sells call options on 600K shares

The two options have exercise prices of $95 and $96, respectively, and both have April 30, 2027 exercise and expiration dates.

Filing Impact

(Neutral)

Filing Sentiment

(Negative)How Sentiment works

Sentiment and the balance of points

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Form Type

Rhea-AI Filing Summary

Wynn Resorts Ltd. (WYNN) reported two call-option sales by Hospitality Headquarters, Inc. on October 26, 2026; each transaction covered 300,000 common shares, with reported call-option transaction prices of $1.8755 and $1.7612 per share, respectively. Hospitality Headquarters, Inc. held the options of record. Tilman J. Fertitta is the sole shareholder of Fertitta Entertainment, Inc., which is the sole shareholder of Hospitality Headquarters, Inc. and sole indirect owner of Fertitta Entertainment, LLC; Mr. Fertitta may be deemed to share beneficial ownership of the securities. All four reporting persons are identified as ten-percent owners. No Rule 10b5-1 plan is reported.

Insider Trade Summary

Net Seller: 600,000 shares

Net Sell 2 txns

Insider FERTITTA TILMAN J, Fertitta Entertainment, Inc., Hospitality Headquarters Inc, Fertitta Entertainment, LLC

Role 10% Owner | 10% Owner | 10% Owner | 10% Owner

Sold 600,000 shs ($1.09M)

Type	Security	Shares	Price	Value
Sale	Call Option (obligation to sell) ^{F1, F2}	300,000	$1.8755	$563K
Sale	Call Option (obligation to sell) ^{F1, F2}	300,000	$1.7612	$528K

Holdings After Transaction: Call Option (obligation to sell) — 600,000 contracts (Indirect, See footnotes)

Footnotes (2)

F1. 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.
F2. The options are held of record by Hospitality Headquarters, Inc.

Key Figures

Underlying common shares covered by first call-option transaction: 300,000 shares Underlying common shares covered by second call-option transaction: 300,000 shares First call-option transaction price per share: $1.8755 per share +3 more

6 metrics

Underlying common shares covered by first call-option transaction 300,000 shares October 26, 2026

Underlying common shares covered by second call-option transaction 300,000 shares October 26, 2026

First call-option transaction price per share $1.8755 per share October 26, 2026

Second call-option transaction price per share $1.7612 per share October 26, 2026

First call option exercise price $95 Option exercisable and expiring April 30, 2027

Second call option exercise price $96 Option exercisable and expiring April 30, 2027

Key Terms

Call Option (obligation to sell), exercise price, beneficial ownership

3 terms

Call Option (obligation to sell) financial

"Call Option (obligation to sell)"

exercise price financial

"exercise price of $95.0000"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

beneficial ownership financial

"may be deemed to share beneficial ownership"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many WYNN shares did Hospitality Headquarters' call-option sales cover?

The two call-option transactions reported for October 26, 2026, each covered 300,000 common shares. Their reported call-option transaction prices were $1.8755 and $1.7612 per share, respectively.

Who held the WYNN call options?

Hospitality Headquarters, Inc. held the options of record. Tilman J. Fertitta may be deemed to share beneficial ownership: he is the sole shareholder of Fertitta Entertainment, Inc., which is the sole shareholder of Hospitality Headquarters, Inc. and sole indirect owner of Fertitta Entertainment, LLC.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 10/28/2026 - 04:30 PM EDT Accepted by SEC EDGAR 10/28/2026 - 04:30 PM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

FERTITTA TILMAN J

(Last)

(First)

(Middle)

C/O FERTITTA ENTERTAINMENT, INC.

1510 WEST LOOP SOUTH

(Street)

HOUSTON

TEXAS

77027

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
WYNN RESORTS LTD [ WYNN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Call Option (obligation to sell)	$95	10/26/2026		S			300,000	04/30/2027	04/30/2027	Common Stock	300,000	$1.8755	300,000	I	See footnotes⁽¹⁾⁽²⁾
Call Option (obligation to sell)	$96	10/26/2026		S			300,000	04/30/2027	04/30/2027	Common Stock	300,000	$1.7612	300,000	I	See footnotes⁽¹⁾⁽²⁾

1. Name and Address of Reporting Person^*

FERTITTA TILMAN J

(Last)

(First)

(Middle)

C/O FERTITTA ENTERTAINMENT, INC.

1510 WEST LOOP SOUTH

(Street)

HOUSTON

TEXAS

77027

(City)

(State)

(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Fertitta Entertainment, Inc.

(Last)

(First)

(Middle)

1510 WEST LOOP SOUTH

(Street)

HOUSTON

TEXAS

77027

(City)

(State)

(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Hospitality Headquarters Inc

(Last)

(First)

(Middle)

C/O FERTITTA ENTERTAINMENT, INC.

1510 WEST LOOP SOUTH

(Street)

HOUSTON

TEXAS

77027

(City)

(State)

(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Fertitta Entertainment, LLC

(Last)

(First)

(Middle)

C/O FERTITTA ENTERTAINMENT, INC.

1510 WEST LOOP SOUTH

(Street)

HOUSTON

TEXAS

77027

(City)

(State)

(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

Explanation of Responses:

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.

2. The options are held of record by Hospitality Headquarters, Inc.

	/s/ Tilman J. Fertitta	10/28/2026
	Fertitta Entertainment, Inc., By: /s/ Paige Fertitta, President	10/28/2026
	Hospitality Headquarters, Inc., By: /s/ Paige Fertitta, President	10/28/2026
	Fertitta Entertainment, LLC, By: /s/ Steve Scheinthal, Vice President	10/28/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

Wynn Resorts holder sells call options on 600K shares

Rhea-AI Filing Summary

Insider Trade Summary

Key Figures

Key Terms

FAQ

How many WYNN shares did Hospitality Headquarters' call-option sales cover?

Who held the WYNN call options?

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