Red Rock Resorts' Chief Legal Officer Sells 9,000 Shares
Jeffrey T. Welch, Executive Vice President and Chief Legal Officer of Red Rock Resorts (NASDAQ: RRR), sold 9,000 shares of Class A common stock on September 1, 2026, according to an SEC Form 4 filing. The transaction was valued at $502,920 based on a weighted average price per share of $55.88. After the sale, Welch retained ownership of 342,307 shares with a market value of approximately $19.2 million as of September 1, 2026. The stock transaction occurred amid a period where Red Rock Resorts' shares had declined by about 9% on that day and were down roughly 10.4% over the past year compared to gains in the S&P 500 index. Despite this insider sale, Welch still holds a significant stake in the company, suggesting continued alignment with its long-term performance.
Tickers: $RRR