Form 4: Wynn Resorts Director Patricia Mulroy Receives Stock Options
Statement of Changes in Beneficial Ownership
Wynn Resorts director Patricia Mulroy was granted 8,531 stock options as part of standard equity compensation.
Summary
- Director Patricia Mulroy acquired 8,531 stock options in Wynn Resorts, Limited.
- The options have an exercise price of $106.24 per share.
- The options vest on May 6, 2027, and expire on May 6, 2031.
- Following this transaction, the director holds 3,066 shares directly and 8,385.34 shares indirectly through a family trust.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which carries no significant sentiment impact.
Positives
- Alignment of director interests with long-term shareholder value through equity-based compensation.
Negatives
- None identified.
Risks
- Market volatility affecting the value of the granted stock options.
Future Outlook
The filing does not provide forward-looking guidance regarding company performance, focusing solely on director equity compensation.
Industry Context
StockSavvy.ai notes that equity grants to board members are standard practice in the gaming and hospitality industry to ensure director retention and alignment with corporate performance goals.
Comparison to Industry Standards
- The grant of stock options to non-executive directors is consistent with compensation structures at major gaming peers like Las Vegas Sands and MGM Resorts International.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity grant to a director.
Next Steps
- Vesting of options on May 6, 2027.
Key Dates
| Date | Description |
|---|---|
| 05/06/2026 | Date of grant for stock options and earliest transaction date. |
| 05/06/2027 | Vesting date for the granted stock options. |
| 05/06/2031 | Expiration date for the granted stock options. |
| 05/08/2026 | Date of filing. |
Keywords
Wynn Resorts, WYNN, Form 4, Insider Trading, Stock Options, Director Compensation
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