FERTITTA TILMAN J 4

What Happened

• Tilman J. Fertitta (reported as a 10% owner) disposed of a total of 550,000 WYNN-related shares in derivative transactions on June 9–10, 2026, generating approximately $3,189,008 in proceeds. The trades were reported as sales of derivative securities (code S).
• Trade breakdown:
  • 125,000 shares at $7.36 — $919,863 (6/9/2026)
  • 125,000 shares at $6.29 — $786,275 (6/9/2026)
  • 300,000 shares at $4.94 — $1,482,870 (6/10/2026)
• These are disposals (sales), which are often routine for insiders and do not by themselves indicate company outlook.

Key Details

• Transaction dates and prices: 6/9/2026 ($7.36 and $6.29) and 6/10/2026 ($4.94).
• Total shares disposed: 550,000; total cash proceeds: ~$3.19 million.
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnotes:
  • F1: Fertitta is sole shareholder of Fertitta Entertainment, Inc., which owns Hospitality Headquarters, Inc. and Fertitta Entertainment, LLC; he may be deemed to share beneficial ownership of securities held by those entities.
  • F2: The options/derivative instruments were held of record by Hospitality Headquarters, Inc.
• Timeliness: Filing dated 2026-06-11 for transactions on 6/9–6/10/2026 — appears to be filed within the typical Form 4 reporting window.

Context

• These were derivative/security dispositions (the filing lists "Derivative"); the filing indicates the instruments were held of record by an entity affiliated with Fertitta rather than directly in his name.
• As a 10% owner, Fertitta's transactions reflect affiliated/institutional holdings; sales by large shareholders can be for many reasons and are not, by themselves, a clear signal about company fundamentals.