SANFILIPPO ANTHONY MICHAEL 4

What Happened
Anthony Michael Sanfilippo, a director of Wynn Resorts Ltd. (WYNN), was granted 2,354 restricted shares on May 6, 2026. The grant is reported at $0.00 per share (aggregate reported value $0) and is recorded as an award (Form 4 code A). The restricted shares vest in full on May 6, 2027 and are subject to forfeiture if the director’s service ends for any reason other than death or complete disability before vesting.

Key Details

• Transaction date: May 6, 2026 (reported on Form 4 filed May 8, 2026). Filing appears timely (within the normal Form 4 window).
• Price: $0.00 per share; aggregate reported value $0 (this reflects a grant, not an open-market purchase).
• Shares granted: 2,354 restricted shares under the Company’s Amended and Restated 2014 Omnibus Incentive Plan (footnote F1).
• Vesting: 100% vests on May 6, 2027; forfeiture if service terminates before vesting except for death or complete disability.
• Shares owned after transaction: Not specified in the provided Form 4 excerpt.
• Filing note: No 10b5-1 plan, tax-withholding, or sale noted in this filing — this is a compensation grant.

Context
Restricted stock awards like this are a form of compensation and retention, not an open-market purchase or sale. They become valuable only if the recipient remains with the company until the vest date (or meets other vesting conditions). Such grants are common for executives and directors and should be interpreted as part of pay and retention policy rather than a direct insider signal to buy or sell stock.