Form 4: Red Rock Resorts President Scott Kreeger Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Scott Kreeger, President of Red Rock Resorts, reports a transaction involving the withholding of shares to cover taxes upon vesting of restricted shares.
Summary
- On November 4, 2024, Scott Kreeger, President of Red Rock Resorts, Inc., had 1,008 shares of Class A Common Stock withheld by the issuer to cover applicable taxes upon the vesting of restricted shares.
- The price per share was $51.65.
- Following the transaction, Kreeger beneficially owns 127,400 shares of Class A Common Stock directly.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to tax withholding on vested shares, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard tax withholding process related to vested equity.
Key Dates
| Date | Description |
|---|---|
| 11/04/2024 | Date of transaction: Shares withheld to cover taxes. |
| 11/06/2024 | Date of signature for the Form 4 filing. |
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