Andrews Paul 4
Research Summary
AI-generated summary
Monarch Casino (MCRI) Director Paul Andrews Receives 6,100-Share Award
What Happened
- Paul Andrews, a director of Monarch Casino & Resort, reported receiving a grant/award of 6,100 shares (reported as a derivative acquisition) on 2026-06-30.
- The award was reported at an acquisition price/value of $131.61 per share, for a total reported value of $802,821.
- This was an award/compensation-type transaction (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-30; per-share value reported: $131.61; total value: $802,821.
- Transaction type: Derivative award (code A) — an award of securities that convert into common stock under the plan/award terms.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes/plan details: None provided in the excerpt (no 10b5-1 plan, tax-withholding, or cashless-sale notes shown).
- Filing date: 2026-07-02 — appears to have been filed within the typical 2-business-day Form 4 window.
Context
- Awards to directors are commonly part of regular compensation (e.g., restricted stock units or other equity grants) and are different from purchases or sales; they do not by themselves indicate the director buying or selling stock in the open market.
- Because this was reported as a derivative award, the actual delivery of common shares may be subject to vesting or other plan terms not detailed in this excerpt.