2024.07.17
coushatta casino resort zoominfoThe 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 arecaptain jack casino bonus codes june 2020 met. There were 29 more deaths.In total since the outbreak began last year, Nevada has seen 235,455 coronavirus cases and 3,235 deaths.Wynn Resortscaptain jack casino bonus codes june 2020 (NASDAQ:WYNN) CEO Matt Maddox recently sold about 56,000 shares of the company’s stock. doubledown casino help center(Image: Newsweek)In a Form 4 filing with the Securities and Exchange Commission (SEC), it was revealed that in two transactions on Dec. 30, Maddox unloaded a combined 50,000 shares. 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. cache creek casino open yet slots empire casino free spinscasino near me ga1 confirms the disposal of 5,966 shares of Wynn stock. Wynn Resortscaptain jack casino bonus codes june 2020 (NASDAQ:WYNN) CEO Matt Maddox recently sold about 56,000 shares of the company’s stock. 31. soaring eagle casino indoor seating chartThese shares cannot be immediately sold. 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. 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. lake tahoe best casinos firekeepers casino battle creekcasino extreme loyalty bonusMany of which are plausible and not negative or indictments of a firm’s prospects.In Maddox’s case, the recent share disposals are understandable because he went without the cash salary for more than nine months last year.Broadly speaking, Wall Street is bullish on Wynn for 2021, so it’s possible more directors and executives that took reduced 2020 salaries in exchange for equity will sell some of those shares this year.Wynn CEO Matt Maddox seen at the White House last year. 15.Entertainment spaces at gaming properties are also at limited capacity of about 50 in the audience, forcing many of them to close temporarily.Also, several Las Vegas hotels have shuttered temporarily during the middle of the week because of lower room reservations. But who do sports bettors think will win the championship? Kansas City Chiefs quarterback Patrick Mahomes holds the Lombardi Trophy after winning last year’s Super Bowl. 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. winstar world casino best slots 3dice casino no deposit bonus 2021 |