Nichols Kord 4

What Happened

• Nichols Kord, Chief Operating Officer of Red Rock Resorts (RRR), had 4,065 shares withheld by the company to satisfy tax obligations tied to the vesting of previously granted restricted shares. The withholding was at $58.81 per share, equal to about $239,063. This was a tax-withholding disposal (transaction code F), not an open-market sale.

Key Details

• Transaction date and price: 2026-03-18 at $58.81 per share (4,065 shares; ~$239,063 total)
• Shares owned after transaction: not provided in the supplied filing details
• Footnote: F1 — shares were withheld by the company to cover applicable taxes upon vesting of restricted shares
• Filing timeliness: Report filed 2026-03-20 for a 2026-03-18 transaction (filed promptly; not marked late)

Context

• This was a routine tax-withholding action (often called cashless withholding) associated with vesting of restricted stock — common and generally not an indicator of insider sentiment (unlike an open-market sale or purchase).
• The filing shows a reduction in Kord’s share count equal to the withheld shares; remaining vested shares (if any) remain beneficially owned unless otherwise disclosed.