WYNN Resorts (WYNN): Fertitta entities sell call options on 187,000 shares
Rhea-AI Filing Summary
Entities associated with Tilman J. Fertitta, including Fertitta Entertainment, LLC, reported selling derivative positions tied to WYNN Resorts Ltd. common stock. On 2026-07-30, they sold call options covering 30,000 shares with a strike of $115.00 per share at a premium of $6.0186 per option and additional call options covering 157,000 shares with a strike of $120.00 per share at a premium of $4.5303 per option, all expiring on 2027-02-19. The options are held of record by Fertitta Entertainment, LLC, and Mr. Fertitta may be deemed to share beneficial ownership through his control of related entities.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
FERTITTA TILMAN J, Fertitta Entertainment, Inc., Hospitality Headquarters Inc, Fertitta Entertainment, LLC
Role
10% Owner | 10% Owner | 10% Owner | 10% Owner
Sold
187,000 shs ($892K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Call Option (obligation to sell) F1, F2 | 30,000 | $6.0186 | $181K |
| Sale | Call Option (obligation to sell) F1, F2 | 157,000 | $4.5303 | $711K |
Holdings After Transaction:
Call Option (obligation to sell) — 187,000 shares (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 Fertitta Entertainment, LLC.
Key Figures
Call options sold (underlying shares, $115 strike): 30,000 shares
Premium per $115 call option: $6.0186 per option
Call options sold (underlying shares, $120 strike): 157,000 shares
+3 more
6 metrics
Call options sold (underlying shares, $115 strike)
30,000 shares
Call options on WYNN common stock sold on 2026-07-30 at $115.00 strike
Premium per $115 call option
$6.0186 per option
Price per call option on 30,000 underlying shares of WYNN
Call options sold (underlying shares, $120 strike)
157,000 shares
Call options on WYNN common stock sold on 2026-07-30 at $120.00 strike
Premium per $120 call option
$4.5303 per option
Price per call option on 157,000 underlying shares of WYNN
Total underlying shares in call option sales
187,000 shares
Aggregate underlying WYNN common shares referenced in reported derivative sales
Option expiration date
2027-02-19
Expiration for both reported series of WYNN call options
Key Terms
Call Option (obligation to sell), beneficial ownership, indirect owner, held of record
4 terms
Call Option (obligation to sell) financial
"security_title is listed as "Call Option (obligation to sell)""
beneficial ownership financial
"Mr. Fertitta may be deemed to share beneficial ownership of the securities"
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.
indirect owner financial
"the sole indirect owner of Fertitta Entertainment, LLC"
held of record financial
"The options are held of record by Fertitta Entertainment, LLC"
FAQ
What derivative transactions did WYNN insider-affiliated entities report on this Form 4?
Entities associated with Tilman J. Fertitta reported selling call options on 187,000 shares of WYNN common stock on 2026-07-30, in two tranches with different strike prices and premiums, expiring on 2027-02-19.
Who holds the WYNN call options referenced in this Form 4?
The filing states the options are held of record by Fertitta Entertainment, LLC. Mr. Tilman J. Fertitta may be deemed to share beneficial ownership through his control of Fertitta Entertainment, Inc. and related entities.
Is the Tilman Fertitta WYNN Form 4 tied to a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not checked, and the footnotes do not reference any trading plan. The reported WYNN call option sales are therefore not identified as being made under a Rule 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.