MONARCH CASINO & RESORT INC·4

Jul 6, 4:20 PM ET

Koenig Edwin S. 4

Research Summary

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MCRI CAO Edwin Koenig Receives 5,000-Share Award

What Happened

  • Edwin S. Koenig, Chief Accounting Officer (CAO) of Monarch Casino & Resort, was granted 5,000 derivative shares on June 30, 2026. The filing lists a per-share value of $131.61 for a total value of $658,050.
  • This transaction is an award/grant (reported as a derivative acquisition), not a market purchase or sale — typically part of compensation rather than a signal of an open-market bullish trade.

Key Details

  • Transaction date and price: June 30, 2026 — 5,000 derivative shares @ $131.61 each (total $658,050).
  • Shares owned after transaction: Not specified in the filing.
  • Footnotes/plans: The filing does not disclose a 10b5-1 plan, tax-withholding sale, or other special footnotes.
  • Timeliness: Filed July 6, 2026. Because Form 4s are generally due within two business days of the transaction, this appears to be a late filing (filed more than two business days after the June 30 transaction).

Context

  • "Derivative" awards commonly refer to restricted stock units (RSUs) or similar rights to receive stock, often subject to vesting and not immediately tradeable; the filing does not specify vesting or settlement details.
  • Awards as compensation are routine for executives and do not by themselves indicate a buy/sell decision by the insider.