Cootey Stephen Lawrence 4

What Happened
Stephen Cootey, Chief Financial Officer of Red Rock Resorts (RRR), had 1,271 shares withheld by the company on Feb 10, 2026 to cover applicable taxes related to vested restricted shares. The withholding price was $66.24 per share, for a total value of approximately $84,191. This is a tax-withholding disposal (routine) rather than an active sale or purchase decision.

Key Details

• Transaction date and price: 2026-02-10; 1,271 shares @ $66.24 each (total ≈ $84,191).
• Transaction type/code: F (payment of exercise price or tax liability via share withholding).
• Shares owned after transaction: Not specified in the provided filing information.
• Footnote: F1 — shares were withheld by the company to cover applicable taxes upon vesting of previously granted restricted shares.
• Filing: Form 4 filed with the SEC on 2026-02-12 for the Feb 10 transaction; this appears to be filed within the usual Form 4 reporting window.

Context
Tax-withholding by the company when restricted shares vest is a routine administrative action (a cashless disposition of some vested shares) and is not the same as an open-market sale that might indicate a change in the insider’s view of the stock. For retail investors, these transactions are common and generally reflect compensation mechanics rather than a signal of insider sentiment.