Wynn Resorts holder sells calls on 1.18M shares

The contracts had exercise prices of $98, $99, $100 and $101 per share and May 7, 2027 exercise and expiration dates.

Available on EDGAR 11/05/2026 - 04:32 PM EST Accepted by SEC EDGAR 11/05/2026 - 04:30 PM EST

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Form Type

Rhea-AI Filing Summary

Wynn Resorts Ltd. (WYNN) reported that Hospitality Headquarters, Inc., the record holder, sold call options (obligations to sell) covering 1,180,000 common shares on November 3 and November 4, 2026. The reported option prices were $2.0479 per share for 580,000 shares, and $2.6524, $2.3661 and $2.0797 per share for 200,000 shares each; the corresponding exercise prices were $98, $99, $100 and $101. All options had May 7, 2027 exercise and expiration dates. No Rule 10b5-1 plan is reported. Tilman J. Fertitta, a 10% owner, may be deemed to share beneficial ownership.

Insider Trade Summary

Net Seller: 1,180,000 shares

Net Sell 4 txns

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

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

Sold 1,180,000 shs ($2.61M)

Type	Security	Shares	Price	Value
Sale	Call Option (obligation to sell) ^{F1, F2}	200,000	$2.6524	$530K
Sale	Call Option (obligation to sell) ^{F1, F2}	200,000	$2.3661	$473K
Sale	Call Option (obligation to sell) ^{F1, F2}	200,000	$2.0797	$416K
Sale	Call Option (obligation to sell) ^{F1, F2}	580,000	$2.0479	$1.19M

Holdings After Transaction: Call Option (obligation to sell) — 1,180,000 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

Shares covered by call options: 1,180,000 common shares Option price per share / exercise price: $2.0479 per share / $98 per share Option price per share / exercise price: $2.6524 per share / $99 per share +2 more

5 metrics

Shares covered by call options 1,180,000 common shares Four reported sales on November 3 and November 4, 2026

Option price per share / exercise price $2.0479 per share / $98 per share Call options covering 580,000 shares; November 3, 2026

Option price per share / exercise price $2.6524 per share / $99 per share Call options covering 200,000 shares; November 4, 2026

Option price per share / exercise price $2.3661 per share / $100 per share Call options covering 200,000 shares; November 4, 2026

Option price per share / exercise price $2.0797 per share / $101 per share Call options covering 200,000 shares; November 4, 2026

Key Terms

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

3 terms

Call Option (obligation to sell) financial

"call options (obligations to sell)"

exercise price financial

"corresponding exercise prices"

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 regulatory

"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 the call-option sales cover?

Hospitality Headquarters, Inc. reported sales of call options covering 1,180,000 WYNN common shares on November 3 and November 4, 2026. The reported per-share option prices were $2.0479 for 580,000 shares and $2.6524, $2.3661 and $2.0797 for 200,000 shares each. No Rule 10b5-1 plan is reported.

Who held the WYNN call options reported by Tilman J. Fertitta?

The options were held of record by Hospitality Headquarters, Inc. The footnote says Tilman J. Fertitta is the sole shareholder of Fertitta Entertainment, Inc., which is the sole shareholder of Hospitality Headquarters, Inc.; he may be deemed to share beneficial ownership of the securities.

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

Form 4 Insider Transactions: What Each Field Means →

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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)
11/03/2026

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)	$98	11/03/2026		S			580,000	05/07/2027	05/07/2027	Common Stock	580,000	$2.0479	580,000	I	See footnotes⁽¹⁾⁽²⁾
Call Option (obligation to sell)	$99	11/04/2026		S			200,000	05/07/2027	05/07/2027	Common Stock	200,000	$2.6524	200,000	I	See footnotes⁽¹⁾⁽²⁾
Call Option (obligation to sell)	$100	11/04/2026		S			200,000	05/07/2027	05/07/2027	Common Stock	200,000	$2.3661	200,000	I	See footnotes⁽¹⁾⁽²⁾
Call Option (obligation to sell)	$101	11/04/2026		S			200,000	05/07/2027	05/07/2027	Common Stock	200,000	$2.0797	200,000	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	11/05/2026
	Fertitta Entertainment, Inc., By: /s/ Paige Fertitta, President	11/05/2026
	Hospitality Headquarters, Inc., By: /s/ Paige Fertitta, President	11/05/2026
	Fertitta Entertainment, LLC, By: /s/ Steve Scheinthal, Vice President	11/05/2026
	** 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 calls on 1.18M shares

Rhea-AI Filing Summary

Insider Trade Summary

Key Figures

Key Terms

FAQ

How many WYNN shares did the call-option sales cover?

Who held the WYNN call options reported by Tilman J. Fertitta?

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