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Jeffrey T. Welch, EVP and Chief Legal Officer of Red Rock Resorts(NASDAQ:RRR), sold 9,000 shares of Class A common stock on Sept. 1, 2026, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($55.88); post-transaction value based on Sept. 1, 2026, market close ($56.10).
What was the execution price range for this transaction?Shares were sold in multiple transactions at prices ranging from $55.45 to $56.11, resulting in a weighted average execution price of $55.88 per share.
What is the current scale of the insider's direct equity interest?Following this disposal, the executive maintains direct ownership of 342,307 shares of Class A common stock, representing a market value of $19.2 million as of the Sept. 1, 2026, market close.