secwatch.observer — SEC 8-K summary
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Issuer:     Red Rock Resorts, Inc. (RRR)
CIK:        0001653653
Form:       8-K/A
Filed at:   2022-03-09T23:59:59+00:00
Accession:  0001193125-22-070039
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Red Rock Resorts sets President Kreeger's compensation: $1.1M base, $8.65M equity, 5-yr term
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- Scott Kreeger receives annual base salary of $1,100,000 and target bonus of 125% of base.
- Initial equity award valued at $8,650,000, comprising stock options (4-yr vest) and restricted shares (3-4 yr vest).
- Employment agreement effective March 3, 2022, with a fixed 5-year term.
- Compensation Committee also extended employment agreements for Fertitta, Cootey, and Welch through March 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1653653/000119312522070039/0001193125-22-070039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1653653/000119312522070039/d306793d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-070039

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer