Wynn Resorts director exercises 10,827 stock options
Wynn Resorts director Philip G. Satre exercised stock options to acquire 10,827 shares of common stock at $81.55 per share.
Accepted by SEC EDGAR
Learn about SEC filing dates
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Wynn Resorts director Philip G. Satre exercised stock options to acquire 10,827 shares of common stock at $81.55 per share. After this transaction, he directly owns 33,293 common shares.
He also has indirect ownership of 34,195 common shares held through a Family Trust.
Insider Trade Summary
10,827 shares exercised/converted
Exercise
2 txns
Insider
SATRE PHILIP G
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (right to buy) | 10,827 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share | 10,827 | $81.55 | $883K |
| Holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Stock Options (right to buy) — 0 contracts (Direct);
Common Stock, par value $0.01 per share — 33,293 shares (Direct);
Common Stock, par value $0.01 per share — 34,195 shares (Indirect, Family Trust)
Key Figures
Options exercised: 10,827 shares
Exercise price: $81.55 per share
Direct holdings after transaction: 33,293 shares
+4 more
7 metrics
Options exercised
10,827 shares
Stock options converted into common stock on transaction date
Exercise price
$81.55 per share
Conversion or exercise price of stock options
Direct holdings after transaction
33,293 shares
Common stock directly owned following the exercise
Indirect Family Trust holdings
34,195 shares
Common stock held indirectly through a Family Trust
Options exercised (derivative entry)
10,827 options
Stock Options (right to buy) reduced to 0 after exercise
Option exercise date
April 30, 2026
Exercise date of stock options as disclosed
Option expiration date
April 30, 2030
Expiration date of the exercised stock options grant
Key Terms
Stock Options (right to buy), derivative security, Family Trust
3 terms
Stock Options (right to buy) financial
"security_title: "Stock Options (right to buy)""
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Family Trust financial
"nature_of_ownership: "Family Trust""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Philip G. Satre report at WYNN?
Philip G. Satre reported exercising stock options to acquire 10,827 Wynn Resorts common shares at $81.55 per share. This derivative exercise converted his options into shares and increased his directly held stake to 33,293 common shares following the transaction.
What was the exercise price of Philip G. Satre’s Wynn Resorts stock options?
The exercised Wynn Resorts stock options carried a conversion or exercise price of $81.55 per share. He exercised options covering 10,827 underlying common shares, turning this derivative position into actual stock ownership at the specified exercise price on the reported date.
How many Wynn Resorts stock options did Philip G. Satre exercise?
He exercised stock options covering 10,827 underlying Wynn Resorts common shares. A corresponding derivative entry shows 10,827 stock options (right to buy) decreasing to zero, indicating a full exercise of that option grant as reflected in the reported transaction details.
What indirect Wynn Resorts holdings are reported for Philip G. Satre?
The filing reports 34,195 Wynn Resorts common shares held indirectly through a Family Trust. This indirect position is separate from his 33,293 directly owned shares and is classified as indirect ownership, providing additional context on his overall economic interest in the company.
AI-generated analysis. How Rhea-AI works. Not financial advice.
