Form 4: Wynn Resorts CFO Julie Cameron-Doe Reports Stock Transactions

Wynn Resorts CFO Julie Cameron-Doe sold shares to cover tax obligations related to vesting restricted stock.

Summary

• Julie Cameron-Doe, CFO of Wynn Resorts, reported the sale of company stock on January 12, 2025.
• The sales were executed to cover tax withholding obligations related to the vesting of restricted stock.
• A total of 1,377 shares were sold at $81.15 per share to cover taxes from restricted stock granted on April 25, 2022.
• An additional 943 shares were sold at $81.15 per share to cover taxes from restricted stock granted on January 12, 2023.
• Following these transactions, Ms. Cameron-Doe directly owns 91,392 shares of Wynn Resorts stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock transactions. It does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to stock transactions by a company executive, which is common in publicly traded companies. It does not indicate any specific trend in the gaming or hospitality industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The sale of shares to cover tax obligations upon vesting of restricted stock is a common practice among executives in publicly traded companies, including those in the hospitality and gaming sector.
• Comparable companies such as Las Vegas Sands (LVS) and MGM Resorts International (MGM) also have executives who file similar Form 4 documents when they sell shares for tax purposes.

Stakeholder Impact

• The stock sales have a minimal impact on shareholders as they are routine transactions for tax purposes.

Key Dates

Keywords

Wynn Resorts, Julie Cameron-Doe, stock sale, insider trading, Form 4, restricted stock, tax withholding