LEE DANIEL R 4

What Happened

• Daniel R. Lee, CEO of Full House Resorts (FLL), was granted 116,667 shares of restricted common stock on May 14, 2026. The filing reports an acquisition price of $0.00 for the grant (standard for restricted stock awards); the shares vest in three equal annual installments on May 14, 2027, 2028 and 2029.

Key Details

• Transaction date: 2026-05-14; Form 4 filed 2026-05-18 (timely).
• Transaction type/code: Award/Grant (A).
• Shares granted: 116,667 restricted shares; reported value in filing: $0.00.
• Vesting: three equal annual tranches on 5/14/2027, 5/14/2028 and 5/14/2029 (per Footnote 1).
• Additional performance-based award: Footnote 2 notes a separate 116,667-share grant tied to 2026–2028 performance goals (EBITDA and free cash flow per share) that is not included in this report and will be reported when/if tranches vest.
• Ownership after transaction: total beneficial ownership after this award is not specified in the provided filing.
• Other note: Footnote 3 reports Mr. Lee transferred 15,657 shares to his former spouse pursuant to a domestic relations order and no longer reports those shares as beneficially owned.

Context

• This is a time-based restricted stock award (with a separate, conditional performance award noted). Restricted grants are common executive compensation and vest over time or upon meeting performance targets; they do not represent an open-market purchase or sale. The filing appears timely (filed within required business days).