FARAHI JOHN 4
Research Summary
AI-generated summary
Monarch Casino (MCRI) 10% Owner John Farahi Sells 5,000 Shares
What Happened
John Farahi, reported as a >10% owner of Monarch Casino & Resort, sold 5,000 shares on May 28, 2026. The shares were disposed at $120.84 per share for a total reported value of $604,200. The transaction is coded as a sale (S), reported as an open‑market or private sale.
Key Details
- Transaction date: 2026-05-28; Filing date: 2026-05-29 (timely filing)
- Price per share: $120.84; Total value: $604,200
- Transaction code: S (Sale — open market or private sale as reported)
- Shares owned after the transaction: Not specified in the provided filing
- Footnotes/flags: No 10b5-1 plan, tax withholding, or other special footnotes reported in the data provided
Context
As a 10% owner, Farahi is a significant shareholder rather than a company executive; such disposals are often for liquidity or portfolio reasons and do not by themselves indicate management’s view of company fundamentals. This was a straightforward reported sale (not an option exercise or award).