A large exercise of company stock options by Lawrence Stephen Cootey, EVP & Chief Financial Officer at Red Rock Resorts (NASDAQ:RRR) was disclosed in a new SEC filing on February 27, as part of an insider exercise.
What Happened: The latest Form 4 filing on Tuesday with the U.S. Securities and Exchange Commission uncovered Cootey, EVP & Chief Financial Officer at Red Rock Resorts, exercising stock options for 0 shares of RRR. The total transaction was valued at $0.
Currently, Red Rock Resorts shares are trading down 0.0%, priced at $55.7 during Tuesday's morning. This values Cootey's 0 shares at $0.
Get to Know Red Rock Resorts Better
Red Rock Resorts Inc along with its subsidiary is a gaming, development, and management company. The company mainly develops strategically located casino and entertainment properties. It generates a majority of its revenue from Casino.
Red Rock Resorts: Financial Performance Dissected
Revenue Growth: Red Rock Resorts's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 8.75%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth ...