2024.07.12
raging bull casino free no deposit codesThe Encore operator revealed Maddox would forego 100 percent of his 2020 cash salary, opting to be compensated entirely in equity.Other Wynn executives and some board members followed suit, taking cash salary reductions ranging from 33 percent to 100 percent in exchange for stock.Smart WagerUnder the terms of Maddox’s current employment agreement with the gaming company, he’s to be awarded 100,000 shares of restricted stock if certain benchmarks areis aliante casino a station casino met. was at an average price of 2.83, according to the SEC document. He recently sold some of his employer’s stock. casino roulette james bondWynn CEO Matt Maddox seen at the White House last year. Maddox was taking some profits after a tumultuous year in which the gaming name sagged due to the coronavirus pandemic, then proceeded to more than triple from its March nadir to its December highs. Another transaction dated Jan. little river casino addreb online casino free sign up bonushard rock casino unityAnother transaction dated Jan. At the height of the first wave of COVID-19 cases in March, gaming equities, including Wynn, were being savagely repudiated by market participants. The Green Bay Packers and Kansas City Chiefs met in Supeis aliante casino a station casinor Bowl I. free casino slots on facebookWynn CEO Matt Maddox seen at the White House last year. Mahomes and the Chiefs are favored to win this year’s Super Bowl as well. The 5,966-share transaction dated Jan. seneca niagara casino opening date nearest casino in indianaonline casino with real moneyHe recently sold some of his employer’s stock. There were 29 more deaths.In total since the outbreak began last year, Nevada has seen 235,455 coronavirus cases and 3,235 deaths.Another transaction dated Jan. Company policy states he must attain equity ownership equaling six times his annual salary, which was .90 million in 2018.Maddox sold 21,645 shares at an average price of 2.94, and another 28,355 at an average price of 3.42 on Dec. All told, the chief executives trimmed his Wynn stake by about eight percent, hauling in .32 million in the process.His timing was arguably impeccable and he’s still holding plenty of shares — 394,549 to be precise, according to Form 4 — with which to benefit from an ongoing rebound in the stock this year – a scenario plenty of analysts are betting on.At the start of the fourth quarter, Wynn stock traded around but gained more than 60 percent over the last three months of 2020.More Sales PossibleEquity sales by company insiders aren’t unusual and occur for a variety of reasons. 1 for the New Year’s Day holiday.His sale of those shares represents a winning bet the executive made on himself and the company. doubledown casino view forum resorts casino free parking |