Form 4: Red Rock Resorts President Sells Shares for Tax

Red Rock Resorts President Scott Kreeger disposed of 1,008 Class A Common Stock shares to cover tax obligations related to restricted stock vesting.

Summary

• Scott Kreeger, President of Red Rock Resorts, Inc. (RRR), reported a disposition of Class A Common Stock.
• The transaction, dated November 4, 2025, involved the disposition of 1,008 shares.
• The shares were disposed of at a price of $53.835 per share.
• This transaction represents shares withheld by the Issuer to cover applicable taxes upon the vesting of previously granted restricted shares.
• Following this reported transaction, Mr. Kreeger beneficially owns 171,455 shares directly.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary insider transaction for tax withholding purposes upon restricted stock vesting. This type of transaction is neutral in sentiment as it does not indicate a change in management's outlook or company performance.

Industry Context

This is a routine insider transaction related to compensation and tax obligations, which is common across all industries for executives receiving equity-based compensation. It does not reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes, not an open market sale indicating a change in confidence.

Key Dates

Keywords

Red Rock Resorts, RRR, Scott Kreeger, Insider Transaction, Form 4, Stock Vesting, Tax Withholding, Class A Common Stock