WELCH JEFFREY T (EVP and Chief Legal Officer) exercised options at RED ROCK RESORTS, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 2/28/2025ACC: 0000950170-25-030222
Officer· EVP and Chief Legal Officer
Since Feb 2019
-119.04K
Net shares
Net seller
$6.03M
Total sold
0
Open market trades
0B · 0S
3
Total transactions
159.17K acquired · 278.21K disposed
Non-Derivative Transactions2
CLASS A COMMON STOCK
Direct
Shares
+159.17K
Price / share
$29.61
Trade value
$4.71M
% of position
71.5%
2/26/2025
222.67K→381.85K
CLASS A COMMON STOCK
Direct
Shares
−119.04K
Price / share
$50.68
Trade value
$6.03M
% of position
31.2%
2/26/2025
381.85K→262.80K
Total
Net shares
+40.13K
Net value
-$1.32M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| CLASS A COMMON STOCK Direct | 2/26/2025 | M · Option Exercise | +159.17K | $29.61 | $4.71M | 71.5% | 222.67K | 381.85K |
| CLASS A COMMON STOCK Direct | 2/26/2025 | F · Tax Withholding | −119.04K | $50.68 | $6.03M | 31.2% | 381.85K | 262.80K |
| Total | +40.13K | -$1.32M | ||||||
Derivative Transactions1
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
Direct
Converts to
CLASS A COMMON STOCK
159.17K shares
Shares
−159.17K
Strike price
29.61
Held after
0.00
Exercisable
—
2/26/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| EMPLOYEE STOCK OPTION (RIGHT TO BUY) Direct | CLASS A COMMON STOCK159.17K shares | 2/26/2025 | M · Option Exercise | −159.17K | 29.61 | — | 0.00 |