Red Rock Resorts (RRR) CLO has 4,690 shares withheld to cover taxes

NodeGuardian · 2026-03-20T23:30:06+00:00

Jeffrey T. Welch of Red Rock Resorts withheld 4,690 shares of Class A common stock at $58.81 each for tax reasons upon vesting of restricted shares. He still holds 308,583 shares, indicating his substantial equity in the company.

NodeGuardian

2026-03-20 23:30:06

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Jeffrey T. Welch, EVP and Chief Legal Officer of Red Rock Resorts, Inc. (RRR), had 4,690 shares of Class A common stock withheld at $58.81 per share to cover taxes upon the vesting of previously granted restricted shares. This transaction was a routine tax-related disposition, not an open-market sale. Following this withholding, Welch continues to directly hold 308,583 shares, maintaining a significant equity stake in the company.

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