WELCH JEFFREY T (EVP and Chief Legal Officer) sold 15.3% of their position (56.65K shares) of RED ROCK RESORTS, INC. on the open market
Open‑market sale worth $3.41M — a significant reduction. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 1 sale
Filed: 8/4/2025ACC: 0000950170-25-102304
Officer· EVP and Chief Legal Officer
Since Feb 2019
-253.56K
Net shares
Net seller
$15.35M
Total sold
1
Open market trades
0B · 1S
4
Total transactions
310.21K acquired · 563.77K disposed
Non-Derivative Transactions3
CLASS A COMMON STOCK
Direct
Shares
+310.21K
Price / share
$24.11
Trade value
$7.48M
% of position
120.2%
7/31/2025
258.11K→568.32K
CLASS A COMMON STOCK
Direct
Shares
−196.90K
Price / share
$60.62
Trade value
$11.94M
% of position
34.6%
7/31/2025
568.32K→371.42K
CLASS A COMMON STOCK
Direct
Shares
−56.65K
Price / share
$60.23
Trade value
$3.41M
% of position
15.3%
8/1/2025
371.42K→314.77K
Total
Net shares
+56.65K
Net value
-$7.87M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| CLASS A COMMON STOCK Direct | 7/31/2025 | M · Option Exercise | +310.21K | $24.11 | $7.48M | 120.2% | 258.11K | 568.32K |
| CLASS A COMMON STOCK Direct | 7/31/2025 | F · Tax Withholding | −196.90K | $60.62 | $11.94M | 34.6% | 568.32K | 371.42K |
| CLASS A COMMON STOCK Direct | 8/1/2025 | S · Sale | −56.65K | $60.23 | $3.41M | 15.3% | 371.42K | 314.77K |
| Total | +56.65K | -$7.87M | ||||||
Derivative Transactions1
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
Direct
Converts to
CLASS A COMMON STOCK
310.21K shares
Shares
−310.21K
Strike price
24.11
Held after
0.00
Exercisable
—
7/31/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| EMPLOYEE STOCK OPTION (RIGHT TO BUY) Direct | CLASS A COMMON STOCK310.21K shares | 7/31/2025 | M · Option Exercise | −310.21K | 24.11 | — | 0.00 |