Tilman Fertitta entities trade Wynn Resorts (WYNN) call options
Rhea-AI Filing Summary
Wynn Resorts ten percent owner Tilman Fertitta, through affiliated entities, sold call options tied to Wynn common stock in multiple open‑market derivative transactions. The filings show sales of call options referencing a total of 694,900 shares of common stock.
On May 27–28, 2026, entities associated with Fertitta sold blocks of 225,000, 225,000, 161,900 and 83,000 call options at prices between $3.8457 and $5.5005 per option. The options have strike prices of $118.00, $119.00 and $120.00 and expire on November 30, 2026 or December 18, 2026.
Footnotes state that the options are held of record by Hospitality Headquarters, Inc., Fertitta Entertainment, LLC, or Mr. Fertitta, with Fertitta as the sole shareholder of Fertitta Entertainment, Inc., which indirectly owns these entities.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Call Option (obligation to sell) | 83,000 | $5.25 | $436K |
| Sale | Call Option (obligation to sell) | 161,900 | $5.5005 | $891K |
| Sale | Call Option (obligation to sell) | 225,000 | $4.0767 | $917K |
| Sale | Call Option (obligation to sell) | 225,000 | $3.8457 | $865K |
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. The options are held of record by Fertitta Entertainment, LLC. The options are held of record by Mr. Fertitta.