Form 4: Wynn Resorts Director Patricia Mulroy Transfers Shares to Family Trust

Patricia Mulroy, a director of Wynn Resorts, reported a transaction involving the transfer of 2,696 shares of common stock to a family trust while retaining beneficial ownership.

Summary

• On May 13, 2025, Patricia Mulroy, a director of Wynn Resorts, transferred 2,696 shares of Wynn Resorts common stock to a family trust.
• The reporting person retains beneficial ownership of these shares.
• Following the transaction, Ms. Mulroy directly owns 3,066 shares and indirectly owns 8,385.34 shares through the family trust.
• Ms. Mulroy also holds options to buy 6,700 shares of Wynn Resorts common stock at an exercise price of $68.25, exercisable until October 19, 2025.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports a transfer of shares for estate planning purposes and doesn't indicate any positive or negative outlook for the company.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates a transfer of shares for estate planning purposes and does not necessarily reflect a change in the director's confidence in the company.

Related Party Transactions

• The transfer of shares to a family trust is a related party transaction.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a transfer of shares for estate planning purposes and the director retains beneficial ownership.

Key Dates

Keywords

Wynn Resorts, Patricia Mulroy, Form 4, Beneficial Ownership, Share Transfer, Family Trust, Director, WYNN, Stock Options