Wynn Resorts (WYNN) director receives restricted stock and 4,266 options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wynn Resorts director Philip G. Satre received an equity grant consisting of 1,177 restricted shares of common stock and 4,266 stock options on May 6, 2026. The restricted shares were granted under the company’s Amended and Restated 2014 Omnibus Incentive Plan and will vest in full on May 6, 2027, unless his service ends earlier for reasons other than death or complete disability, in which case unvested shares are forfeited.
The options give him the right to buy 4,266 common shares at an exercise price of $106.24 per share, from May 6, 2027 until their expiration on May 6, 2031. Following these grants, he directly holds 22,466 common shares and indirectly holds 34,195 shares through a Family Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
SATRE PHILIP G
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (right to buy) | 4,266 | $0.00 | -- |
| Grant/Award | Common Stock, par value $0.01 per share | 1,177 | $0.00 | -- |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Stock Options (right to buy) — 4,266 shares (Direct, null);
Common Stock, par value $0.01 per share — 22,466 shares (Direct, null);
Common Stock, par value $0.01 per share — 34,195 shares (Indirect, Family Trust)
Footnotes (1)
- [object Object]
Key Figures
Restricted shares granted: 1,177 shares
Stock options granted: 4,266 options
Option exercise price: $106.24 per share
+4 more
7 metrics
Restricted shares granted
1,177 shares
Restricted common stock granted on May 6, 2026
Stock options granted
4,266 options
Options on common stock granted on May 6, 2026
Option exercise price
$106.24 per share
Exercise price for 4,266 options
Restricted share vesting date
May 6, 2027
Full vesting date, subject to continued service
Option expiration date
May 6, 2031
Expiration of 4,266 stock options
Direct shares after grant
22,466 shares
Common stock directly held following transactions
Indirect shares via Family Trust
34,195 shares
Common stock indirectly held through Family Trust
Key Terms
Restricted shares, Amended and Restated 2014 Omnibus Incentive Plan, Stock Options (right to buy), Family Trust
4 terms
Amended and Restated 2014 Omnibus Incentive Plan financial
"granted pursuant to the Company's Amended and Restated 2014 Omnibus Incentive Plan"
Stock Options (right to buy) financial
"security_title": "Stock Options (right to buy)""
Family Trust financial
"direct_or_indirect": "I", "nature_of_ownership": "Family Trust""
FAQ
What did Wynn Resorts (WYNN) director Philip G. Satre receive in this Form 4 filing?
Philip G. Satre received 1,177 restricted shares and 4,266 stock options of Wynn Resorts common stock. These awards are part of his director compensation and provide both current equity and future purchase rights at a fixed exercise price.
What are the key terms of Philip G. Satre’s Wynn Resorts (WYNN) stock options?
Satre was granted 4,266 stock options with an exercise price of $106.24 per share. These options become exercisable on May 6, 2027 and remain outstanding until May 6, 2031, providing long-dated upside exposure if exercised.
Are Philip G. Satre’s new Wynn Resorts (WYNN) awards open-market purchases or compensation grants?
The filing shows the awards as compensation-related grants, not open-market purchases. Both the restricted shares and stock options were granted at a reported price of $0.00 per share under Wynn Resorts’ Amended and Restated 2014 Omnibus Incentive Plan.