Form 4: Red Rock Resorts CFO Reports Tax-Related Stock Disposition

Red Rock Resorts' EVP & CFO, Stephen Lawrence Cootey, reported a tax-related disposition of 1,271 shares of Class A Common Stock.

Summary

• Stephen Lawrence Cootey, Executive Vice President & Chief Financial Officer of Red Rock Resorts, Inc. (RRR), reported a transaction on February 10, 2026.
• The transaction involved the disposition of 1,271 shares of Class A Common Stock.
• These shares were withheld by the company to cover applicable taxes upon the vesting of previously granted restricted shares.
• The shares were disposed of at a price of $66.24 per share.
• Following this transaction, Mr. Cootey beneficially owns 258,997 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The disposition of shares is a routine, non-discretionary transaction to cover tax obligations upon the vesting of restricted stock, rather than a voluntary sale indicating a change in management's outlook.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures of insider transactions and typically do not provide insights into broader industry trends or competitive positioning. This specific filing details a tax-related event, which is a common occurrence for executives receiving equity compensation.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, non-discretionary tax-related transaction and not a voluntary sale of shares.

Key Dates

Keywords

Red Rock Resorts, RRR, Form 4, Insider Transaction, Stephen Lawrence Cootey, CFO, Stock Disposition, Tax Withholding