FARAHI JOHN (CEO) exercised options at MONARCH CASINO & RESORT INC

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 3 exercises

FARAHI JOHN

Filed: 5/1/2026ACC: 0000907242-26-000011

InsiderFARAHI JOHNCIK 937318

→

IssuerMONARCH CASINO & RESORT INCCIK 907242

DirectorOfficer10% Owner· CEO

Since Apr 2018

-114.75K

Net shares

Net seller

$13.56M

Total sold

Open market trades

0B · 0S

Total transactions

200K acquired · 314.75K disposed

Non-Derivative Transactions4

Common Stock

Direct

M · Option Exercise

+66.67K

Price / share

$23.08

Trade value

$1.54M

% of position

12.4%

4/28/2026

536.30K→602.97K

Common Stock

Direct

M · Option Exercise

+66.67K

Price / share

$45.32

Trade value

$3.02M

% of position

11.1%

4/28/2026

602.97K→669.64K

Common Stock

Direct

M · Option Exercise

+66.67K

Price / share

$39.82

Trade value

$2.65M

% of position

10.0%

4/28/2026

669.64K→736.30K

Common Stock

Direct

F · Tax Withholding

−114.75K

Price / share

$118.16

Trade value

$13.56M

% of position

15.6%

4/28/2026

736.30K→621.56K

Total

Net shares

+85.25K

Net value

-$6.34M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	4/28/2026	M · Option Exercise	+66.67K	$23.08	$1.54M	12.4%	536.30K	602.97K
Common Stock Direct	4/28/2026	M · Option Exercise	+66.67K	$45.32	$3.02M	11.1%	602.97K	669.64K
Common Stock Direct	4/28/2026	M · Option Exercise	+66.67K	$39.82	$2.65M	10.0%	669.64K	736.30K
Common Stock Direct	4/28/2026	F · Tax Withholding	−114.75K	$118.16	$13.56M	15.6%	736.30K	621.56K
Total			+85.25K		-$6.34M

Derivative Transactions3

Options / Right to Buy

Direct

M · Option Exercise

Converts to

Common Stock

66.67K shares

−66.67K

Strike price

23.08

Held after

600K

Exercisable

—

4/28/2026

Options / Right to Buy

Direct

M · Option Exercise

Converts to

Common Stock

66.67K shares

−66.67K

Strike price

45.32

Held after

533.33K

Exercisable

—

4/28/2026

Options / Right to Buy

Direct

M · Option Exercise

Converts to

Common Stock

66.67K shares

−66.67K

Strike price

39.82

Held after

466.67K

Exercisable

—

4/28/2026

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Options / Right to Buy Direct	Common Stock66.67K shares	4/28/2026	M · Option Exercise	−66.67K	23.08	—	600K
Options / Right to Buy Direct	Common Stock66.67K shares	4/28/2026	M · Option Exercise	−66.67K	45.32	—	533.33K
Options / Right to Buy Direct	Common Stock66.67K shares	4/28/2026	M · Option Exercise	−66.67K	39.82	—	466.67K

Non-Derivative Holdings (Post-Transaction)1

Common Stock

Indirect

Shares owned2.52M

Total

2.52M indirect2.52M

Security Title	Shares Owned	Ownership Type
Common Stock	2.52M	Indirect
Total	2.52M	2.52M indirect

Derivative Holdings (Post-Transaction)7

Options / Right to Buy

Direct

Underlying security

Common Stock

Underlying shares

66.67K

Shares owned

466.67K

Exercise price

73.95

Expiration

—

Exercise window

—

Options / Right to Buy

Direct

Underlying security

Common Stock

Underlying shares

66.67K

Shares owned

466.67K

Exercise price

76.89

Expiration

—

Exercise window

—

Options / Right to Buy

Direct

Underlying security

Common Stock

Underlying shares

66.67K

Shares owned

466.67K

Exercise price

61.22

Expiration

—

Exercise window

—

Options / Right to Buy

Direct

Underlying security

Common Stock

Underlying shares

66.67K

Shares owned

466.67K

Exercise price

95.7

Expiration

—

Exercise window

—

Options / Right to Buy

Direct

Underlying security

Common Stock

Underlying shares

66.67K

Shares owned

466.67K

Exercise price

78.9

Expiration

—

Exercise window

—

Options / Right to Buy

Direct

Underlying security

Common Stock

Underlying shares

66.67K

Shares owned

466.67K

Exercise price

43.24

Expiration

—

Exercise window

—

Options / Right to Buy

Direct

Underlying security

Common Stock

Underlying shares

66.67K

Shares owned

466.67K

Exercise price

69.15

Expiration

—

Exercise window

—

Total

Underlying

466.67K

Owned

3.27M

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Options / Right to Buy Direct	Common Stock	73.95	—	—	66.67K	466.67K
Options / Right to Buy Direct	Common Stock	76.89	—	—	66.67K	466.67K
Options / Right to Buy Direct	Common Stock	61.22	—	—	66.67K	466.67K
Options / Right to Buy Direct	Common Stock	95.7	—	—	66.67K	466.67K
Options / Right to Buy Direct	Common Stock	78.9	—	—	66.67K	466.67K
Options / Right to Buy Direct	Common Stock	43.24	—	—	66.67K	466.67K
Options / Right to Buy Direct	Common Stock	69.15	—	—	66.67K	466.67K
Total					466.67K	3.27M