Lewis Robert E 4
Research Summary
AI-generated summary
Red Rock Resorts (RRR) Director Robert E. Lewis Receives Award
What Happened
Robert E. Lewis, a director of Red Rock Resorts, received a restricted stock award of 3,221 shares on February 12, 2026. The shares were granted at $0.00 per share (standard for awards), so the reported acquisition value is $0. This transaction is an award/grant (transaction code A), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-02-12; reported on Form 4 filed 2026-02-13 (timely filing).
- Shares granted: 3,221 restricted shares at $0.00 per share (acquisition value $0).
- Shares owned after transaction: Not specified in the filing.
- Footnote: Grant is a restricted stock award under the Issuer’s Amended and Restated 2016 Equity Incentive Plan (see F1).
- Filing timeliness: Reported the next day; no late-filing indication.
Context
Restricted stock awards are typically compensation that vests over time or upon meeting performance conditions and do not necessarily signal immediate buying or selling intent. This is a direct compensation grant to a director (transaction A), not a sale, gift, or option exercise.