Tilman Fertitta entity sells Wynn Resorts (WYNN) calls on 300,000 shares
Rhea-AI Filing Summary
Tilman J. Fertitta and affiliated ten percent owners of Wynn Resorts reported selling three call options referencing common stock. Each option covers 100,000 shares, with strike prices of $115, $116, and $117, all exercisable and expiring on 2027-01-29.
The options were sold indirectly and are held of record by Fertitta Entertainment, LLC. Reported option premiums were $4.1794, $3.9450, and $3.7162 per share. Fertitta may be deemed to share beneficial ownership through his control of related entities.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
FERTITTA TILMAN J, Fertitta Entertainment, Inc., Hospitality Headquarters Inc, Fertitta Entertainment, LLC
Role
10% Owner | 10% Owner | 10% Owner | 10% Owner
Sold
300,000 shs ($1.18M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Call Option (obligation to sell) F1, F2 | 100,000 | $4.1794 | $418K |
| Sale | Call Option (obligation to sell) F1, F2 | 100,000 | $3.945 | $395K |
| Sale | Call Option (obligation to sell) F1, F2 | 100,000 | $3.7162 | $372K |
Holdings After Transaction:
Call Option (obligation to sell) — 300,000 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: 300,000 shares
Option premium: $4.1794 per share
Option premium: $3.9450 per share
+5 more
8 metrics
Call options sold
300,000 shares
Total underlying Wynn Resorts common shares across three call options
Option premium
$4.1794 per share
Call option on 100,000 shares with $115 strike, dated 2026-07-27
Option premium
$3.9450 per share
Call option on 100,000 shares with $116 strike, dated 2026-07-27
Option premium
$3.7162 per share
Call option on 100,000 shares with $117 strike, dated 2026-07-27
Strike price
$115.0000
Exercise price for first call option expiring 2027-01-29
Strike price
$116.0000
Exercise price for second call option expiring 2027-01-29
Strike price
$117.0000
Exercise price for third call option expiring 2027-01-29
Expiration date
2027-01-29
Exercise and expiration date for all three call options
Key Terms
Call Option (obligation to sell), beneficial ownership, indirect ownership, underlying security, +1 more
5 terms
Call Option (obligation to sell) financial
"security_title: Call Option (obligation to sell)"
beneficial ownership financial
"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 ownership financial
"The options are held of record by Fertitta Entertainment, LLC."
underlying security financial
"underlying_security_title: Common Stock; underlying_security_shares"
ten percent owner financial
"each reporting person is indicated as is_ten_percent_owner: 1"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Tilman Fertitta report for Wynn Resorts (WYNN)?
Tilman J. Fertitta and affiliated entities reported selling three call options on Wynn Resorts common stock, each over 100,000 underlying shares, with strike prices of $115, $116, and $117, all exercisable and expiring on 2027-01-29.
What are the strike prices and expiration date of the Tilman Fertitta WYNN call options?
The call options have strike prices of $115, $116, and $117 per share. All three options share the same exercise and expiration date of 2027-01-29, as disclosed in the insider transaction details.
How is ownership structured for the Wynn Resorts (WYNN) options reported by Tilman Fertitta?
The options are held of record by Fertitta Entertainment, LLC. Tilman J. Fertitta is the sole shareholder of Fertitta Entertainment, Inc., which indirectly owns this LLC, so he may be deemed to share beneficial ownership of these derivative securities.
Are the Tilman Fertitta WYNN option transactions direct or indirect holdings?
The reported call options are classified as indirect ownership. They are held of record by Fertitta Entertainment, LLC, an entity indirectly owned and controlled through Fertitta’s corporate structure, rather than being held directly in his own name.