SATRE PHILIP G 4

What Happened

• Philip G. Satre, a director of Wynn Resorts Ltd. (WYNN), received equity awards on May 6, 2026: 1,177 restricted shares and an additional 4,266 shares reported as a derivative award. Both award lines show a $0.00 purchase price and total reported value $0. According to the filing footnote, these are restricted shares granted under the company's 2014 Omnibus Incentive Plan and will vest in full on May 6, 2027. This is an award/grant (not a market purchase or sale).

Key Details

• Transaction date: May 6, 2026; Filing date: May 8, 2026 (filed within the usual two-business-day window).
• Reported amounts: 1,177 shares (award) + 4,266 shares (derivative award) = 5,443 total restricted shares; price per share reported $0.00; total reported consideration $0.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnote: Awards are restricted shares under the Amended and Restated 2014 Omnibus Incentive Plan; they vest in full on May 6, 2027 and are forfeited if the reporting person's service ends for reasons other than death or complete disability.
• No indication of a 10b5-1 plan, tax withholding sale, or late filing in the supplied information.

Context

• Equity grants to directors are routine compensation and do not reflect an open-market investment decision; they typically vest over time. For retail investors, purchases are often viewed as stronger signals of insider conviction than grants. These awards do not involve cash paid by the insider and will only convert to freely tradable shares if and when the vesting conditions are met.