Wynn Resorts (WYNN) CEO files Form 4 on tax withholding shares vesting
Rhea-AI Filing Summary
Wynn Resorts (WYNN) CEO Craig Scott Billings reported a routine equity transaction involving company stock. On January 12, 2026, 4,939 shares of Wynn Resorts common stock were withheld at $116.84 per share to satisfy tax withholding obligations tied to the vesting of restricted stock that had been granted on January 12, 2023. This was reported with transaction code "F", which denotes a tax-related share withholding rather than an open-market sale. Following this transaction, Billings directly beneficially owned 199,070 shares of Wynn Resorts common stock.
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FAQ
What insider transaction did WYNN CEO Craig Billings report on this Form 4?
Craig Scott Billings reported that 4,939 shares of Wynn Resorts common stock were withheld on January 12, 2026 to cover tax obligations upon vesting of previously granted restricted stock.
Was the WYNN CEO’s Form 4 transaction an open-market sale of shares?
No. The Form 4 shows a transaction coded "F", meaning shares were withheld by the company to satisfy tax withholding on vested restricted stock, not sold in the open market.
At what price were the WYNN shares withheld for taxes in this Form 4?
The 4,939 shares of Wynn Resorts common stock were withheld at a price of $116.84 per share in connection with the tax withholding transaction.
How many Wynn Resorts (WYNN) shares does the CEO own after this reported transaction?
After the tax withholding transaction, Craig Scott Billings beneficially owned 199,070 shares of Wynn Resorts common stock in direct ownership.
What was the source of the shares involved in the WYNN CEO’s tax withholding event?
The shares were related to restricted stock that vested, which had been previously granted on January 12, 2023, and a portion was withheld to cover tax obligations at vesting.
What is Craig Billings’ role and relationship to Wynn Resorts in this filing?
In this Form 4, Craig Scott Billings is identified as a Director and Officer of Wynn Resorts, serving as CEO of the company.