Red Rock Resorts (RRR) President Scott Kreeger Receives Equity Awards
$RRR · Red Rock Resorts, Inc.Research Summary
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Red Rock Resorts (RRR) President Scott Kreeger Receives Equity Awards
What Happened Scott Kreeger, President of Red Rock Resorts (RRR), was granted two equity awards on June 11, 2026: 45,130 restricted shares (restricted stock award) and 91,583 stock options (derivative award). Both grants are reported at $0.00 acquisition price in the Form 4 (they are awards, not open-market purchases). The restricted shares and the options each vest 25% on each of the first four anniversaries of June 11, 2026, subject to continued service.
Key Details
- Transaction date: June 11, 2026; Filing date: June 15, 2026 (filed within required reporting window).
- Reported price: $0.00 for both the restricted stock award and the stock option award (awards/grants).
- Shares/options granted: 45,130 restricted shares; 91,583 stock options (derivative).
- Shares owned after transaction: Not specified in the supplied excerpt of the filing.
- Footnotes:
- F1: Restricted Stock Award vests 25% on each of the first four anniversaries of June 11, 2026, subject to continued service.
- F2: Stock Option Award vests 25% on each of the first four anniversaries of June 11, 2026, subject to continued service.
- Timeliness: Filing appears timely (filed June 15 for a June 11 grant), so no late-report implications.
Context These were grant awards, not sales or option exercises. The restricted stock conveys actual shares that will vest over time, while the stock option award gives the holder the right to buy shares in the future if and when vested and exercised. Such grants are common as executive compensation and do not, by themselves, indicate immediate buying or selling of stock.