Fertitta entities sell calls on 1.7M Wynn Resorts (WYNN) shares

Rhea-AI Filing Summary

Wynn Resorts Ltd’s Form 4 shows entities affiliated with Tilman J. Fertitta selling call options referencing 1,700,000 underlying shares of Common Stock. On 2026-03-16 and 2026-03-17, these indirect holders wrote multiple series of call options with exercise prices of 115.0000, 120.0000, 125.0000 and 130.0000 and premiums between about 2.6362 and 6.3408 per option. The options expire on 2026-09-18 and 2026-09-25. According to the footnotes, the options are held of record by Hospitality Headquarters, Inc. and Fertitta Entertainment, LLC, and Mr. Fertitta, as their indirect owner, may be deemed to share beneficial ownership.

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
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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)
03/16/2026

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Call Option (obligation to sell)	$115	03/16/2026		S			75,000	09/25/2026	09/25/2026	Common Stock	75,000	$6.2124	75,000	I	See footnotes(1)(2)
Call Option (obligation to sell)	$120	03/16/2026		S			75,000	09/25/2026	09/25/2026	Common Stock	75,000	$4.4163	75,000	I	See footnotes(1)(2)
Call Option (obligation to sell)	$125	03/16/2026		S			75,000	09/25/2026	09/25/2026	Common Stock	75,000	$3.6383	75,000	I	See footnotes(1)(2)
Call Option (obligation to sell)	$130	03/16/2026		S			75,000	09/25/2026	09/25/2026	Common Stock	75,000	$2.6362	75,000	I	See footnotes(1)(2)
Call Option (obligation to sell)	$120	03/16/2026		S			200,000	03/16/2026	09/18/2026	Common Stock	200,000	$4.9393	200,000	I	See footnotes(1)(3)
Call Option (obligation to sell)	$125	03/16/2026		S			200,000	03/16/2026	09/18/2026	Common Stock	200,000	$3.7497	200,000	I	See footnotes(1)(3)
Call Option (obligation to sell)	$115	03/17/2026		S			200,000	09/25/2026	09/25/2026	Common Stock	200,000	$6.3408	200,000	I	See footnotes(1)(2)
Call Option (obligation to sell)	$120	03/17/2026		S			200,000	09/25/2026	09/25/2026	Common Stock	200,000	$4.6588	200,000	I	See footnotes(1)(2)
Call Option (obligation to sell)	$125	03/17/2026		S			200,000	09/25/2026	09/25/2026	Common Stock	200,000	$3.6376	200,000	I	See footnotes(1)(2)
Call Option (obligation to sell)	$120	03/17/2026		S			200,000	03/17/2026	09/18/2026	Common Stock	200,000	$5.2349	200,000	I	See footnotes(1)(3)
Call Option (obligation to sell)	$125	03/17/2026		S			200,000	03/17/2026	09/18/2026	Common Stock	200,000	$3.9941	200,000	I	See footnotes(1)(3)

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.

3. The options are held of record by Fertitta Entertainment, LLC.

	/s/ Tilman J. Fertitta	03/18/2026
	Fertitta Entertainment, Inc., By: /s/ Paige Fertitta, President	03/18/2026
	Hospitality Headquarters, Inc., By: /s/ Paige Fertitta, President	03/18/2026
	Fertitta Entertainment, LLC, By: /s/ Steve Scheinthal, Vice President	03/18/2026
	** 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).
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* Form 4: SEC 1474 (03-26)