Cootey Stephen Lawrence 4
4 · Red Rock Resorts, Inc. · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
Red Rock Resorts (RRR) CFO Stephen Cootey Receives Awards
What Happened
Cootey Stephen Lawrence, Chief Financial Officer of Red Rock Resorts (RRR), received equity awards on June 11, 2026: 38,511 restricted stock shares and a stock option award covering 78,150 shares. Both awards were granted at an acquisition price of $0.00 (reported as awards/grants), meaning they were granted as compensation rather than purchased.
Key Details
- Transaction date: 2026-06-11; filing date (Form 4): 2026-06-15 (filed four days after the transaction). This may be outside the typical two-business-day Form 4 window.
- Transaction codes: A = Award/Grant. Reported acquisition amounts: 38,511 (restricted stock) and 78,150 (options). Price reported: $0.00.
- Shares owned after transaction: Not disclosed in the provided summary of the filing.
- Footnotes: F1 = Restricted Stock Award under the Amended and Restated 2016 Equity Incentive Plan; F2 = Stock Option Award under the same plan. Both awards vest 25% on each of the first four anniversaries of June 11, 2026, subject to continued service.
Context
The option award is a derivative grant (not an exercise); no immediate exercise or sale was reported. These types of awards are common compensation for executives and do not by themselves indicate a buy/sell signal—value depends on vesting, strike price (not shown here), and future stock performance.
Insider Transaction Report
- Award
CLASS A COMMON STOCK
[F1]2026-06-11+38,511→ 293,556 total - Award
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
[F2]2026-06-11+78,150→ 78,150 totalExercise: $62.32Exp: 2036-06-11→ Class A Common Stock (78,150 underlying)
Footnotes (2)
- [F1]Represents a restricted stock award (the "Restricted Stock Award") pursuant to the Issuer's Amended and Restated 2016 Equity Incentive Plan. The Restricted Stock Award vests 25% on each first four anniversaries of June 11, 2026, subject to the Reporting Person's continued service with the Issuer.
- [F2]Represents a stock option award (the "Stock Option Award") pursuant to the Issuer's Amended and Restated 2016 Equity Incentive Plan. The Stock Option Award vests 25% on each first four anniversaries of June 11, 2026, subject to the Reporting Person's continued service with the Issuer.