4Filed Sep 1, 8:00 PM ET
Red Rock Resorts (RRR) EVP Jeffrey T. Welch Sells 9,000 Shares
$RRR · Red Rock Resorts, Inc.Research Summary
AI-generated summary of this SEC filing
Red Rock Resorts (RRR) EVP Jeffrey T. Welch Sells 9,000 Shares
What Happened
- Jeffrey T. Welch, EVP and Chief Legal Officer of Red Rock Resorts (RRR), sold 9,000 shares on 2026-09-01. The reported weighted-average price was $55.88, resulting in proceeds of approximately $502,884. The shares were sold in multiple trades at prices ranging from $55.45 to $56.11.
Key Details
- Transaction date: 2026-09-01 (filed 2026-09-02)
- Transaction type: Sale (open market/private sale indicated)
- Shares sold: 9,000
- Weighted-average price reported: $55.88; price range: $55.45–$56.11 (see footnote)
- Gross proceeds: ~$502,884
- Shares owned after transaction: Not specified in the provided filing details
- Footnote: Reporting person will provide, on request, the number of shares sold at each price within the stated range
- Filing timeliness: Filed the next day (no late filing indicated)
Context
- This was a sale of common shares (not an option exercise or gift). Sales by executives can be routine (e.g., diversification or liquidity needs) and do not by themselves indicate a change in company outlook. No 10b5‑1 plan or other special instructions were noted in the provided filing information.