MONARCH (MCRI) Director Craig F. Sullivan Receives 6,100-Share Award

What Happened

• Craig F. Sullivan, a director of Monarch Casino & Resort, was granted/acquired 6,100 derivative shares (transaction code A) on 2026-06-30. The filing reports an implied price of $131.61 per share for a total reported value of $802,821.
• This was an award/grant (not an open-market purchase or sale), which is typically compensation-related rather than a market-timed purchase.

Key Details

• Transaction date: 2026-06-30
• Filing date: 2026-07-06 (as reported)
• Transaction type/code: A — Grant/Award (derivative acquisition)
• Price used for reporting: $131.61 per share; total reported value $802,821
• Shares owned after transaction: not specified in the available filing
• Vesting / restrictions: not disclosed in the Form 4 (may be RSUs or restricted stock subject to vesting)
• Timeliness: filing date is shown as 2026-07-06 for the 6/30 transaction; the filing does not specify a timeliness flag in the summary data provided here

Context

• An “A” code (award/grant) generally reflects company compensation (e.g., restricted stock or RSUs) rather than a direct market purchase — it’s informative about pay and potential future share dilution but does not necessarily signal the director buying shares on conviction.
• For retail investors, purchases/outright buys are often seen as stronger signals of insider confidence; grants are routine for compensation and should be interpreted accordingly.