Red Rock Resorts, Inc.·4

Jun 15, 8:59 PM ET

Cootey Stephen Lawrence 4

Research Summary

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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.