Wynn Resorts (NASDAQ: WYNN) CEO gets new stock, PSU equity
Rhea-AI Filing Summary
Wynn Resorts CEO Craig Billings reported multiple equity award and tax-withholding transactions. On January 7, 2026 he received 14,533 shares that vested immediately, 31,710 time-based restricted shares and 24,663 performance-based restricted shares under the company’s incentive plan, all at no cash price. He also exercised 20,916 performance share units into 30,312 shares based on certified performance and was granted 14,093 new performance share units tied to total shareholder return from January 1, 2026 to January 1, 2029.
Several entries coded “F” reflect 4,478, 5,871, 11,928 and 5,081 shares withheld at prices around $116–$118 per share to cover tax obligations on these vestings rather than discretionary market sales. After these transactions, Billings reported 277,869 shares held directly and 156,189 shares held indirectly by a family trust, plus 14,093 performance share units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.01 per share | 5,081 | $117.83 | $599K |
| Grant/Award | Performance Share Units | 14,093 | $0.00 | -- |
| Exercise | Performance Share Units | 20,916 | $0.00 | -- |
| Grant/Award | Common Stock, par value $0.01 per share | 14,533 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.01 per share | 4,478 | $116.37 | $521K |
| Grant/Award | Common Stock, par value $0.01 per share | 31,710 | $0.00 | -- |
| Grant/Award | Common Stock, par value $0.01 per share | 24,663 | $0.00 | -- |
| Exercise | Common Stock, par value $0.01 per share | 30,312 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.01 per share | 5,871 | $116.37 | $683K |
| Tax Withholding | Common Stock, par value $0.01 per share | 11,928 | $116.37 | $1.39M |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
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. Represents the number of shares of common stock, par value $0.01 per share, of the Company underlying performance share units ("PSUs") previously granted pursuant to the Plan on January 12, 2023 that were earned and vested based on the level of performance achieved, as certified by the Compensation Committee of the Board of Directors of the Company on January 7, 2026. 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 PSUs granted on January 12, 2023. Shares withheld to satisfy tax withholding obligation upon vesting of restricted stock previously granted on January 9, 2024. Represents the grant of 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 ("TSR") performance of the common stock for the period January 1, 2026 to January 1, 2029. Each PSU represented 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 TSR performance of the common stock for the period January 1, 2023 to January 1, 2026.
FAQ
What insider activity did WYNN CEO Craig Billings report on this Form 4?
Craig Billings reported multiple equity compensation events in Wynn Resorts common stock, including new stock grants, performance share unit activity and shares withheld to cover taxes.
What new stock awards did the WYNN CEO receive?
On January 7, 2026 he received 14,533 immediately vested shares, 31,710 restricted shares that vest over time through January 7, 2029, and 24,663 restricted shares that vest based on financial performance for 2026–2028.
What performance period applies to the vested PSUs reported by the WYNN CEO?
The 20,916 PSUs that were earned and vested on January 7, 2026 were based on total shareholder return performance for the period from January 1, 2023 to January 1, 2026.