Form 4: Wynn Resorts Director Winifred Markus Webb Receives Stock Grant

Director Winifred Markus Webb acquired 3,066 shares of Wynn Resorts common stock through a restricted stock grant.

Summary

• Winifred Markus Webb, a director of Wynn Resorts, acquired 3,066 shares of common stock on April 30, 2025.
• The acquisition was a grant of restricted shares with a value of $0 per share.
• These shares were granted under the company's Amended and Restated 2014 Omnibus Incentive Plan.
• The shares will vest in full on April 30, 2026, contingent upon continued service with the company, unless terminated due to death or complete disability.

Sentiment

Score: 7

Explanation: The document reflects a routine executive compensation practice, which is generally viewed neutrally to positively as it aligns management interests with shareholders.

Positives

• The grant of restricted stock aligns the director's interests with the long-term performance of Wynn Resorts.
• The vesting schedule encourages continued service and commitment from the director.

Risks

• The forfeiture clause means that if the director's service is terminated for reasons other than death or complete disability, the unvested shares will be forfeited.

Future Outlook

The vesting of the restricted shares on April 30, 2026, is contingent upon the director's continued service with the company.

Industry Context

Stock grants are a common form of executive compensation in the gaming and hospitality industry, aligning management's interests with shareholder value.

Comparison to Industry Standards

• Companies like Las Vegas Sands (LVS) and MGM Resorts International (MGM) also utilize stock grants as part of their executive compensation packages.
• The vesting schedules and terms of these grants are typically designed to incentivize long-term performance and retention, similar to the Wynn Resorts plan.

Stakeholder Impact

• Shareholders may view the stock grant positively as it incentivizes the director to work towards the company's long-term success.
• The director benefits from the potential appreciation of the stock value over time.

Key Dates

Keywords

Wynn Resorts, Director, Stock Grant, Restricted Stock, Beneficial Ownership, Form 4, WYNN