Jeffrey T. Welch - 31 Jul 2025 Form 4 Insider Report for Red Rock Resorts, Inc. (RRR)

Role: EVP and Chief Legal Officer
Signature: /s/ Jeffrey T. Welch
Issuer symbol: RRR
Transactions as of: 31 Jul 2025
Transactions value $: -$7,868,383
Form type: 4
Filing time: 04 Aug 2025, 21:00:07 UTC
Previous filing: 20 Mar 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Welch Jeffrey T	EVP and Chief Legal Officer	C/O RED ROCK RESORTS, INC., 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS	/s/ Jeffrey T. Welch	04 Aug 2025	0001708624

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RRR	CLASS A COMMON STOCK	Options Exercise	$7.48M	+310K	+120.18%	$24.11	568K	31 Jul 2025	Direct
transaction	RRR	CLASS A COMMON STOCK	Tax liability	-$11.9M	-197K	-34.65%	$60.62	371K	31 Jul 2025	Direct
transaction	RRR	CLASS A COMMON STOCK	Sale	-$3.41M	-56.7K	-15.25%	$60.23	315K	01 Aug 2025	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	RRR	EMPLOYEE STOCK OPTION (RIGHT TO BUY)	Options Exercise	$0	-310K	-100%	$0.00	0	31 Jul 2025	CLASS A COMMON STOCK	310K	$24.11	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This stock option previously vested in accordance with the terms of the applicable vesting schedule.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.00 to $60.54, inclusive. The reporting person undertakes to provide to Red Rock Resorts, Inc., any security holder of Red Rock Resorts, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Footnote 2.

Content

This stock option previously vested in accordance with the terms of the applicable vesting schedule.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.00 to $60.54, inclusive. The reporting person undertakes to provide to Red Rock Resorts, Inc., any security holder of Red Rock Resorts, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Footnote 2.