Wynn Resorts (WYNN) EVP Jacqui Krum reports stock grants and PSUs
Rhea-AI Filing Summary
Wynn Resorts executive Jacqui Krum, EVP and General Counsel, reported multiple equity compensation transactions in company common stock. On January 7, 2026, she received 4,796 shares that vested immediately under the company's 2014 Omnibus Incentive Plan, as well as 4,307 time-based restricted shares that vest in three equal installments through January 7, 2029, subject to continued service. She also received 3,350 performance-based restricted shares tied to financial performance goals for the years ending December 31, 2026, 2027 and 2028, with potential vesting on February 28 of 2027, 2028 and 2029.
The filing shows shares withheld at prices of $116.37 and $117.83 to cover tax obligations upon vesting of current and prior stock awards. Following these transactions, Krum directly owned 52,216 shares of Wynn Resorts common stock. She was also granted 1,915 performance share units, each representing a contingent right to receive between 0 and 1.6 shares based on total shareholder return performance from January 1, 2026 to January 1, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.01 per share | 270 | $117.83 | $32K |
| Grant/Award | Performance Share Units | 1,915 | $0.00 | -- |
| Grant/Award | Common Stock, par value $0.01 per share | 4,796 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.01 per share | 1,237 | $116.37 | $144K |
| Grant/Award | Common Stock, par value $0.01 per share | 4,307 | $0.00 | -- |
| Grant/Award | Common Stock, par value $0.01 per share | 3,350 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.01 per share | 798 | $116.37 | $93K |
Footnotes (1)
- Shares of common stock, par value $0.01 per share, of Wynn Resorts, Limited (the "Company") granted pursuant to the Company's Amended and Restated 2014 Omnibus Incentive Plan (the "Plan"), which shares vested immediately upon grant. Shares withheld to satisfy tax withholding obligation upon vesting of immediately vested stock granted on January 7, 2026. Restricted shares of common stock, par value $0.01 per share, of the Company granted pursuant to the Plan. Vesting of the shares is conditioned on continued service through January 7, 2029, with 1/3 of the shares vesting on each of the three consecutive anniversary dates from the date of grant; provided that if the reporting person's employment with the Company is terminated, certain accelerated vesting provisions may apply. Restricted shares of common stock, par value $0.01 per share, of the Company granted pursuant to the Plan. Vesting of the shares is based on achievement of pre-established financial performance goals for each of the years ending December 31, 2026, 2027 and 2028, and if met, 1/3 of the shares will vest on February 28, 2027, 2028 and 2029, respectively; provided that if the reporting person's employment with the Company is terminated, certain accelerated vesting provisions may apply. Shares withheld to satisfy tax withholding obligation upon vesting of restricted stock previously granted on January 7, 2025. Shares withheld to satisfy tax withholding obligation upon vesting of restricted stock previously granted on January 9, 2024. Represents the grant of performance share units ("PSUs") pursuant to the Plan. Each PSU represents the contingent right to receive between 0 and 1.6 shares of the Company's common stock, par value $0.01 per share, based on the total shareholder return performance of the common stock for the period January 1, 2026 to January 1, 2029.
