Monarch Casino SEC Filings

Monarch Casino & Resort, Inc. reported results of its Annual Meeting of Stockholders held on May 27, 2026. A total of 15,683,618 shares, representing 88.4% of shares outstanding as of the record date, were present or represented by proxy, indicating strong participation.

Stockholders elected John Farahi, Craig F. Sullivan and Paul Andrews to serve as directors until the 2028 annual meeting, and elected Hope S. Taitz to serve until the 2027 annual meeting. Stockholders also approved, on a non-binding advisory basis, the executive compensation of the company’s named executive officers as disclosed in its 2026 proxy statement.

Monarch Casino & Resort, Inc. submitted a Form 144 notice listing 5,000 shares of Common Stock to be sold through Wells Fargo Clearing Services on Nasdaq. The filing also records prior dispositions by the John and Catherine Farahi Family Foundation of 1,000 shares on 03/10/2026 for $96,692.27 and 2,000 shares on 03/16/2026 for $196,805.00.

Monarch Casino & Resort CEO John Farahi reported a series of stock option exercises and related share withholdings. He exercised options to acquire 200,000 shares of common stock through multiple transactions coded “M”, converting derivative awards into regular shares.

To cover tax obligations, 114,748 shares of common stock were disposed of in a tax-withholding transaction coded “F” at $118.16 per share, a non-market sale to the company. Following these transactions, he holds 621,556 common shares directly and 2,521,415 shares indirectly in trusts.

Farahi also retains significant option holdings. Remaining “Options / Right to Buy” cover several tranches of 66,666–66,668 underlying shares each, with exercise prices ranging from $43.24 to $95.70 and expirations between 2029 and 2035, indicating continued long-term equity exposure.

Monarch Casino & Resort, Inc. reported strong first-quarter 2026 results, with net revenues of $136.6 million, up 8.9% from a year earlier. Net income rose to $27.6 million, and diluted earnings per share increased to $1.52 from $1.05.

Growth was broad-based: casino revenue increased 9.4%, food and beverage revenue grew 5.6%, and hotel revenue rose 13.5%, helped by more available rooms despite slightly lower ADR and occupancy. Operating margins improved as casino, food and beverage, and hotel expenses declined as a percentage of their respective revenues.

The company generated $48.5 million in operating cash flow and ended the quarter with $120.1 million in cash, no outstanding borrowings on its $100 million credit facility, and strong leverage and coverage ratios. Monarch repurchased 181,258 shares for $17.6 million and paid $5.4 million in dividends, while carrying a recorded liability of $78.5 million related to ongoing PCL construction litigation, which remains under appeal.

MONARCH CASINO & RESORT INC President Bob Farahi exercised stock options and settled related taxes in shares. On April 23, 2026, he exercised options covering 66,667 shares of common stock through derivative exercises coded "M".

To cover the exercise price or tax obligations, 51,175 shares of common stock were disposed of in a tax-withholding transaction coded "F" at $116.65 per share, which is not an open-market sale. After these transactions, he directly owns 197,178 common shares and indirectly holds 961,774 shares in trusts.

Farahi continues to hold option awards for 100,000 underlying shares of common stock with exercise prices of $69.15, $78.90, and $95.70, expiring between 2033 and 2035.

Monarch Casino & Resort, Inc. reported record first quarter 2026 results, with net revenue of $136.6 million, up 8.9% from 2025. Net income rose to $27.6 million, a 38.9% increase, while Adjusted EBITDA grew 19.0% to $49.0 million.

Casino, food and beverage, and hotel revenues all increased, and operating efficiencies lifted margins, including a record first quarter Adjusted EBITDA margin of 35.8%. Diluted EPS climbed to $1.52 from $1.05. The company ended the quarter with $120.1 million in cash and no borrowings on its credit facility.

Monarch returned capital by repurchasing 181,258 shares for $17.6 million and paying a $0.30 per share dividend in March. It also declared another quarterly cash dividend of $0.30 per share, payable June 15, 2026, as part of its $1.20 annual dividend plan.

Monarch Casino & Resort, Inc. is asking stockholders at its 2026 annual meeting to elect four directors and approve, on an advisory basis, executive compensation. Class A nominees John Farahi, Craig F. Sullivan and Paul Andrews would serve until 2028; Class B nominee Hope S. Taitz until 2027.

The proxy details a largely performance-based pay program for three named executives, using annual salary, cash bonuses and stock options. In 2025, Adjusted EBITDA reached $199.1 million versus a $196.3 million target, supporting cash bonuses of 30% of salary for the CEO and 20% for the president and CAO. Directors’ and executives’ group beneficial ownership is 26.34% of common stock as of March 30, 2026, and the filing describes related-party real-estate leases reviewed and approved by the Audit Committee as fair to the company.

The Vanguard Group filed Amendment No. 1 to a Schedule 13G/A reporting zero beneficial ownership of Monarch Casino & Resort Inc common stock. The filing states 0 shares (0%) beneficially owned after an internal realignment that disaggregated certain Vanguard subsidiaries per SEC Release No. 34-39538. The amendment is signed by Ashley Grim on 03/27/2026.

MONARCH CASINO & RESORT INC CEO and director John Farahi reported open-market sales of company common stock. On March 16, 2026, he sold 2,000 shares at $99.00 per share, and on March 10, 2026, he sold 1,000 shares at $97.43 per share.

After these transactions, Farahi directly owns 536,304 common shares. He also has indirect ownership of 2,521,415 common shares held in trusts, and holds multiple option grants over blocks of 66,666–66,668 shares each, with exercise prices between $23.08 and $95.70 expiring from 2026 through 2035. The reported sales represent a small portion of his overall holdings.