Guidroz Elaine 4/A

What Happened

Elaine Guidroz, Senior Vice President, Secretary and General Counsel of Full House Resorts (FLL), exercised stock options to acquire 40,000 shares on 2026-03-16. The exercise reflected an aggregate exercise price of $68,000 (40,000 shares x $1.70). To cover the exercise price and tax withholding, the issuer withheld 30,548 shares (reported as a disposition, value $80,952 at $2.65 per share). Net shares received by Guidroz were 9,452 shares (40,000 exercised − 30,548 withheld). This filing is an amendment correcting the previously reported withheld share count and per-share price.

Key Details

• Transaction date: 2026-03-16; Form 4 filed (amended) 2026-03-20.
• Option exercise: 40,000 shares exercised at $1.70/share (total $68,000).
• Withholding/disposition: 30,548 shares withheld to satisfy exercise price/tax at $2.65/share (value reported $80,952).
• Net shares acquired: 9,452 shares.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes:
  • F1: Withheld shares were used by the issuer to satisfy exercise price and tax withholding.
  • F2: This filing amends prior report to correct number of shares withheld and price per share.
  • F3: The option vested in three equal annual installments beginning May 10, 2017.
• No indication in the provided excerpt that this was a 10b5-1 plan or a gift.

Context

• This was an option exercise with a partial cashless-like settlement: shares were withheld by the issuer to cover costs and taxes rather than Guidroz selling shares on the open market. Such withholding dispositions are routine and generally reflect tax/administrative mechanics rather than a directional bet on the stock.
• The amendment corrects reporting details; investors tracking insider activity should rely on the amended numbers above.