10% Owner Sells $2.68M in Call Options, Reducing Holdings by 70%
WYNN sits 23% above its 52-week low of $82.627.
Summary
Tilman J. Fertitta, a 10% owner of Wynn Resorts, sold $2.68 million worth of call options, significantly reducing his derivative holdings by 70% following the company's recent strong earnings report.
Key Events · Ownership and Investor Activity · WYNN
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Significant Derivative Sale
Tilman J. Fertitta, a 10% owner, disposed of call options valued at $2,678,030 across three transactions between May 22 and May 26, 2026.
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Substantial Reduction in Holdings
These sales represent a 70% reduction in the reported derivative holdings of the reporting owner, leaving 300,000 shares (underlying) remaining.
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Post-Earnings Transaction
The sales occurred shortly after Wynn Resorts reported strong Q1 2026 financial results on May 7, 2026, which included significant increases in revenue and net income.
Analysis · WYNN · Real Estate & Construction
This Form 4 filing indicates a substantial reduction in exposure by a significant 10% owner, Tilman J. Fertitta, through the sale of call options. While the transaction value is a small percentage of Wynn Resorts' large market capitalization, the absolute dollar amount of $2.68 million and the 70% reduction in derivative holdings are notable. The timing of these sales, following a strong Q1 earnings report, suggests the owner is monetizing a position or reducing future upside exposure despite recent positive company performance.
How filings like this one have moved
In the 30 days to Aug 26, 2026, 29.6% of the 2932 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.01%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, WYNN was trading at $101.51 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $10.5B. The 52-week trading range was $82.63 to $134.72. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.