Tilman J. Fertitta - 21 Mar 2025 Form 4 Insider Report for WYNN RESORTS LTD (WYNN)

Reporting relationship: 10%+ Owner
Issuer ticker: WYNN
Reported as of: 21 Mar 2025
Net transaction value: +$145,713,512
SEC form: 4
Accepted by SEC: 25 Mar 2025, 08:00:12 UTC
Prior SEC filing: 24 Feb 2025
Next SEC filing: 08 Apr 2025
Source filing: View source filing
Reporting owner signature: /s/ Tilman J. Fertitta

Key filing fact

Tilman J. Fertitta filed Form 4 for WYNN RESORTS LTD (WYNN) on 25 Mar 2025.

Key facts

This page summarizes Tilman J. Fertitta's Form 4 filing for WYNN RESORTS LTD (WYNN).
4 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 25 Mar 2025, 08:00.

Change

Previous filing in this sequence was filed on 24 Feb 2025.
Current net transaction value: +$145,713,512.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

WYNN transaction

Common Stock

Purchase

Transaction value: $406,954
Shares: +5,025
Change %: +0.05%
Price: $80.99
Shares after: 10,905,025
Date: 21 Mar 2025
Ownership: See footnotes
Footnotes: F1, F2

WYNN transaction

Common Stock

Other

Transaction value: $144,332,011
Shares: +1,683,500
Change %: +15%
Price: $85.73
Shares after: 12,588,525
Date: 24 Mar 2025
Ownership: See footnotes
Footnotes: F1, F2, F3

WYNN transaction

Common Stock

Purchase

Transaction value: $974,548
Shares: +11,475
Change %: +0.09%
Price: $84.93
Shares after: 12,600,000
Date: 24 Mar 2025
Ownership: See footnotes
Footnotes: F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

WYNN transaction Derivative

Derivative Transaction (right to buy and obligation to buy)

Other

Transaction value
Shares: -1,683,500
Change %: -100%
Price
Shares after: 0
Date: 24 Mar 2025
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 1,683,500
Exercise price: $85.73
Footnotes: F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

After the transactions reported herein, the amount of Common Stock includes: (i) 161,925 shares of Common Stock that are held of record by Mr. Fertitta; (ii) 10,000 shares of Common Stock that are held of record by Fertitta Entertainment, Inc.; (iii) 8,546,824 shares of Common Stock that are held of record by Hospitality Headquarters; and (iv) 3,881,251 shares of Common Stock that are held of record by Fertitta Entertainment, LLC.

Footnote F2

Mr. Fertitta is the sole shareholder of Fertitta Entertainment, Inc., which is the sole shareholder of Hospitality Headquarters and the sole indirect owner of Fertitta Entertainment, LLC. As such, Mr. Fertitta may be deemed to share beneficial ownership of the securities held of record by Fertitta Entertainment, Inc., Hospitality Headquarters and Fertitta Entertainment, LLC.

Footnote F3

On March 24, 2025, Hospitality Headquarters, Inc. ("Hospitality Headquarters") acquired 1,683,500 shares of Common Stock pursuant to the previously disclosed share option transaction. Pursuant to the share option transaction, at any time prior to May 13, 2025, Hospitality Headquarters had the right to purchase from the counterparty the amount of shares disclosed herein at the price disclosed herein plus a financing amount, or was obligated to purchase from the counterparty on May 13, 2025, the same number of shares at the same price plus a financing amount. Such purchase was conditioned upon the Reporting Persons obtaining clearance under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.