Wynn Resorts (WYNN) CFO receives new restricted stock and PSU grants
Rhea-AI Filing Summary
Fullalove Craig Jeffrey reported acquisition or exercise transactions in this Form 4 filing.
Wynn Resorts CFO Craig Jeffrey Fullalove received new equity compensation awards. He was granted 1,857 performance share units, each tied to the company’s total shareholder return from January 1, 2026 to January 1, 2029, with payout between 0 and 1.6 shares per unit.
He was also awarded restricted common stock under the company’s Amended and Restated 2014 Omnibus Incentive Plan. Some shares vest over three years starting January 7, 2026 based on continued service, and others vest from February 28, 2027 to 2029 based on pre-set financial performance goals.
Following these grants, he holds 25,146 shares of common stock directly and 1,857 performance share units, all awarded as compensation at a price of $0.00 per share.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Units | 1,857 | $0.00 | -- |
| Grant/Award | Common Stock, par value $0.01 per share | 1,062 | $0.00 | -- |
| Grant/Award | Common Stock, par value $0.01 per share | 3,249 | $0.00 | -- |
Footnotes (1)
- Restricted 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"). 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 January 7, 2026; 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 grant of performance share units ("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 performance of the common stock for the period January 1, 2026 to January 1, 2029.