--- title: "Notable Insider Move: Lorenzo J Fertitta Takes Part In Options Exercise At Red Rock Resorts, Resulting In $0" type: "News" locale: "en" url: "https://longbridge.com/en/news/289938811.md" description: "Lorenzo J Fertitta, Vice President at Red Rock Resorts (NASDAQ:RRR), exercised stock options for 0 shares on June 16, resulting in a $0 transaction value. This Form 4 filing was reported to the SEC. Concurrently, RRR shares rose 1.67% to $62.15. The company reported 1.9% revenue growth and a gross margin of 62.8%, though its debt-to-equity ratio remains high." datetime: "2026-06-16T15:02:09.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/289938811.md) - [en](https://longbridge.com/en/news/289938811.md) - [zh-HK](https://longbridge.com/zh-HK/news/289938811.md) --- # Notable Insider Move: Lorenzo J Fertitta Takes Part In Options Exercise At Red Rock Resorts, Resulting In $0 A significant insider transaction involving the exercise of company stock options was reported on June 16, by **Lorenzo J Fertitta**, Vice President at **Red Rock Resorts** (NASDAQ:RRR), as per the latest SEC filing. **What Happened:** A notable Form 4 filing on Tuesday with the U.S. Securities and Exchange Commission revealed that Fertitta, Vice President at Red Rock Resorts, exercised stock options for 0 shares of RRR, resulting in a transaction value of $0. The latest update on Tuesday morning shows **Red Rock Resorts** shares up by 1.67%, trading at $62.15. At this price, Fertitta's 0 shares are worth $0. ### Get to Know Red Rock Resorts Better Red Rock Resorts Inc along with its subsidiary is a gaming, development and management company that develops and operates strategically-located casino and entertainment properties. Its casino properties are conveniently located throughout the Las Vegas valley and provide its customers a wide variety of entertainment and dining options. The majority of revenue is derived from Casinos, followed by Food and Beverages, Rooms and others. ### Red Rock Resorts's Economic Impact: An Analysis **Revenue Growth:** Red Rock Resorts's remarkable performance in 3 months is evident. As of 31 March, 2026, the company achieved an impressive revenue growth rate of **1.9%**. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector. **Profitability Metrics: Unlocking Value** - Gross Margin: Achieving a high gross margin of 62.8%, the company performs well in terms of cost management and profitability within its sector. - Earnings per Share (EPS): Red Rock Resorts's EPS outshines the industry average, indicating a strong bottom-line trend with a current EPS of 0.74. **Debt Management:** Red Rock Resorts's debt-to-equity ratio is notably higher than the industry average. With a ratio of **25.27**, the company relies more heavily on borrowed funds, indicating a higher level of financial risk. **Navigating Market Valuation:** - Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 19.72 is lower than the industry average, indicating potential undervaluation for the stock. - Price to Sales (P/S) Ratio: The current P/S ratio of 2.77 is above industry norms, reflecting an elevated valuation for Red Rock Resorts's stock and potential overvaluation based on sales performance. - EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): Red Rock Resorts's EV/EBITDA ratio at 8.76 suggests potential undervaluation, falling below industry averages. **Market Capitalization:** With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers. ### Uncovering the Importance of Insider Activity While insider transactions provide valuable information, they should be part of a broader analysis in making investment decisions. From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction. A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock. While insider sells may not necessarily reflect a bearish view and can be motivated by various factors. ### Deciphering Transaction Codes in Insider Filings Examining transactions, investors often concentrate on those unfolding in the open market, meticulously detailed in Table I of the Form 4 filing. A **P** in Box 3 denotes a purchase, while **S** signifies a sale. Transaction code **C** indicates the conversion of an option, and transaction code **A** denotes a grant, award, or other acquisition of securities from the company. Check Out The Full List Of Red Rock Resorts's Insider Trades. _This article was generated by Benzinga's automated content engine and reviewed by an editor._ ### Related Stocks - [RRR.US](https://longbridge.com/en/quote/RRR.US.md) ## Related News & Research - [Why Red Rock Resorts (RRR) Is Down 6.6% After Weaker Q2 2026 Results And Dividend Update](https://longbridge.com/en/news/295532460.md) - [Red Rock Resorts COO Kord Nichols disposes of 27,000 shares worth $1.7 million](https://longbridge.com/en/news/295838870.md) - [Rocket Companies director Sarah Watterson files Form 3 initial beneficial ownership statement](https://longbridge.com/en/news/296141298.md) - [Apollo Global Management files Form 3 initial beneficial ownership statement for LDB 2025 LLC](https://longbridge.com/en/news/295974245.md) - [Pelican Acquisition II files Form 3 for director Becky Fallon, reports no beneficial ownership](https://longbridge.com/en/news/296144005.md)