Wynn Resorts holder sells call options on 300,000 shares

Tilman J. Fertitta and affiliated ten percent owners of Wynn Resorts reported selling three call options referencing common stock.

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.

Insider Trade Summary

Net Seller: 300,000 shares

Net Sell 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 contracts (Indirect, See footnotes)

Footnotes (2)

1. 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.
2. 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"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How many Wynn Resorts (WYNN) shares are subject to the call options sold by Tilman Fertitta?

The reported call option sales reference a total of 300,000 underlying Wynn Resorts shares, across three separate option positions, each covering 100,000 shares of common stock, according to the insider ownership report.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 07/29/2026 - 04:30 PM Accepted by SEC EDGAR 07/29/2026 - 04:30 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

FERTITTA TILMAN J

(Last) (First) (Middle)

C/O FERTITTA ENTERTAINMENT, INC.

1510 WEST LOOP SOUTH

(Street)

HOUSTON TEXAS 77027

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
WYNN RESORTS LTD [ WYNN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Call Option (obligation to sell)	$115	07/27/2026		S			100,000	01/29/2027	01/29/2027	Common Stock	100,000	$4.1794	100,000	I	See footnotes(1)(2)
Call Option (obligation to sell)	$116	07/27/2026		S			100,000	01/29/2027	01/29/2027	Common Stock	100,000	$3.945	100,000	I	See footnotes(1)(2)
Call Option (obligation to sell)	$117	07/27/2026		S			100,000	01/29/2027	01/29/2027	Common Stock	100,000	$3.7162	100,000	I	See footnotes(1)(2)

1. Name and Address of Reporting Person^*

FERTITTA TILMAN J

(Last) (First) (Middle)

C/O FERTITTA ENTERTAINMENT, INC.

1510 WEST LOOP SOUTH

(Street)

HOUSTON TEXAS 77027

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Fertitta Entertainment, Inc.

(Last) (First) (Middle)

1510 WEST LOOP SOUTH

(Street)

HOUSTON TEXAS 77027

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Hospitality Headquarters Inc

(Last) (First) (Middle)

C/O FERTITTA ENTERTAINMENT, INC.

1510 WEST LOOP SOUTH

(Street)

HOUSTON TEXAS 77027

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Fertitta Entertainment, LLC

(Last) (First) (Middle)

C/O FERTITTA ENTERTAINMENT, INC.

1510 WEST LOOP SOUTH

(Street)

HOUSTON TEXAS 77027

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. 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.

2. The options are held of record by Fertitta Entertainment, LLC.

	/s/ Tilman J. Fertitta	07/29/2026
	Fertitta Entertainment, Inc., By: /s/ Paige Fertitta, President	07/29/2026
	Hospitality Headquarters, Inc., By: /s/ Paige Fertitta, President	07/29/2026
	Fertitta Entertainment, LLC, By: /s/ Steve Scheinthal, Vice President	07/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)