STOCK TITAN
  1. Home
  2. Sec-filings
  3. WYNN
  4. [Form 4] WYNN RESORTS LTD Insider Trading Activity

Fertitta-linked entity sells 250,000 Wynn (NASDAQ: WYNN) call options

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Wynn Resorts Ltd disclosed that entities associated with Tilman J. Fertitta, a ten percent owner, reported selling call option positions tied to the company’s common stock. The options are held of record by Hospitality Headquarters, Inc., an entity indirectly controlled through Fertitta Entertainment, Inc.

On June 5, 2026, Hospitality Headquarters, Inc. reported open-market sales of two blocks of call options: 125,000 options at $4.4678 per option with a $122.00 exercise price, and 125,000 options at $5.1999 per option with a $119.00 exercise price. Each series covers 125,000 shares of Wynn Resorts common stock and is scheduled to expire on December 11, 2026, resulting in call option exposure over an aggregate 250,000 underlying shares held indirectly.

Positive

  • None.

Negative

  • None.
Insider FERTITTA TILMAN J, Fertitta Entertainment, Inc., Hospitality Headquarters Inc, Fertitta Entertainment, LLC
Role null | null | null | null
Sold 250,000 shs ($1.21M)
Type Security Shares Price Value
Sale Call Option (obligation to sell) 125,000 $5.1999 $650K
Sale Call Option (obligation to sell) 125,000 $4.4678 $558K
Holdings After Transaction: Call Option (obligation to sell) — 125,000 shares (Indirect, See footnotes)
Footnotes (1)
  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. The options are held of record by Hospitality Headquarters, Inc.
Call options sold (series 1) 125,000 options at $4.4678 Call Option (obligation to sell), exercise price $122.00, June 5, 2026
Call options sold (series 2) 125,000 options at $5.1999 Call Option (obligation to sell), exercise price $119.00, June 5, 2026
Aggregate call options sold 250,000 options Net derivative sell transactions on June 5, 2026
Exercise price (series 1) $122.00 per share Underlying Wynn Resorts common stock, expiration December 11, 2026
Exercise price (series 2) $119.00 per share Underlying Wynn Resorts common stock, expiration December 11, 2026
Expiration date December 11, 2026 Both call option series on Wynn Resorts common stock
Net buy/sell direction -250,000 shares equivalent Transaction summary netBuySellShares for derivatives
Call Option (obligation to sell) financial
"security_title: 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.
ten percent owner financial
"each reporting person is identified as a ten percent owner"
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"ownership_type: indirect and nature_of_ownership: See footnotes"
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Call Option (obligation to sell)$11906/05/2026S125,00012/11/202612/11/2026Common Stock125,000$5.1999125,000ISee footnotes(1)(2)
Call Option (obligation to sell)$12206/05/2026S125,00012/11/202612/11/2026Common Stock125,000$4.4678125,000ISee 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
DirectorX10% 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
DirectorX10% 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
DirectorX10% 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
DirectorX10% 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 Hospitality Headquarters, Inc.
/s/ Tilman J. Fertitta06/09/2026
Fertitta Entertainment, Inc., By: /s/ Paige Fertitta, President06/09/2026
Hospitality Headquarters, Inc., By: /s/ Paige Fertitta, President06/09/2026
Fertitta Entertainment, LLC, By: /s/ Steve Scheinthal, Vice President06/09/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

Who actually holds the Wynn (WYNN) call options mentioned in the filing?

The filing states that the options are held of record by Hospitality Headquarters, Inc. Footnotes explain that Tilman J. Fertitta indirectly controls this entity through Fertitta Entertainment, Inc., so he may be deemed to share beneficial ownership of these derivative positions.

What are the key terms of the Wynn (WYNN) call options sold on June 5, 2026?

On June 5, 2026, Hospitality Headquarters, Inc. reported selling 125,000 call options at $4.4678 with a $122.00 exercise price and another 125,000 at $5.1999 with a $119.00 exercise price. Both series reference Wynn Resorts common stock and expire December 11, 2026.

How large is the Wynn (WYNN) derivative position reported in this Form 4?

The transaction summary shows net sales of 250,000 derivative instruments, all classified as call options with obligations to sell Wynn Resorts common stock. Each option corresponds to one underlying share, so the reported call positions relate to 250,000 underlying shares in total.

Is Tilman Fertitta a ten percent owner of Wynn (WYNN) in this filing?

Yes. The reporting section identifies Tilman J. Fertitta, Fertitta Entertainment, Inc., Hospitality Headquarters, Inc., and Fertitta Entertainment, LLC each as ten percent owners. Footnotes indicate Fertitta indirectly controls these entities and may share beneficial ownership of their Wynn-related holdings.