Monarch Casino (MCRI) CEO John Farahi sells 5,000 company shares
Rhea-AI Filing Summary
Monarch Casino & Resort CEO John Farahi reported an open-market sale of 5,000 shares of common stock at $120.84 per share. After this trade, he holds 616,556 shares directly. In addition, 2,521,415 shares are held indirectly in trusts.
Farahi also has several option awards outstanding, each giving the right to buy 66,666 or 66,668 shares of common stock at exercise prices ranging from $43.24 to $95.70 per share, with expiration dates between 2029 and 2035. These positions show a substantial remaining equity stake alongside the recent sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares
Net Sell
9 txns
Insider
FARAHI JOHN
Role
CEO
Sold
5,000 shs ($604K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $120.84 | $604K |
| holding | Options / Right to Buy | -- | -- | -- |
| holding | Options / Right to Buy | -- | -- | -- |
| holding | Options / Right to Buy | -- | -- | -- |
| holding | Options / Right to Buy | -- | -- | -- |
| holding | Options / Right to Buy | -- | -- | -- |
| holding | Options / Right to Buy | -- | -- | -- |
| holding | Options / Right to Buy | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 616,556 shares (Direct);
Options / Right to Buy — 466,666 shares (Direct);
Common Stock — 2,521,415 shares (Indirect, In trusts)
Key Figures
Shares sold: 5,000 shares
Sale price: $120.84 per share
Direct holdings after sale: 616,556 shares
+4 more
7 metrics
Shares sold
5,000 shares
Open-market sale of common stock at $120.84
Sale price
$120.84 per share
Price for 5,000 common shares sold
Direct holdings after sale
616,556 shares
Common stock held directly following transaction
Indirect holdings in trusts
2,521,415 shares
Common stock held indirectly in trusts
Option exercise price
$43.24 per share
Options on 66,666 underlying shares expiring 2029-11-01
Option exercise price
$61.22 per share
Options on 66,668 underlying shares expiring 2030-12-31
Highest option strike
$95.70 per share
Options on 66,666 underlying shares expiring 2035-12-31
Key Terms
open-market sale, Options / Right to Buy, indirect, exercise price, +1 more
5 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Options / Right to Buy financial
""security_title": "Options / Right to Buy""
indirect financial
""ownership_type": "indirect""
exercise price financial
""conversion_or_exercise_price": "43.2400""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
""expiration_date": "2035-12-31T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Monarch Casino (MCRI) report for John Farahi?
John Farahi reported an open-market sale of 5,000 Monarch Casino & Resort shares at $120.84 per share. This Form 4 filing records the transaction and updates his reported ownership and option positions in the company’s common stock.
What stock options does John Farahi have in Monarch Casino (MCRI)?
The filing lists multiple “Options / Right to Buy” grants on Monarch Casino common stock. Each covers 66,666 or 66,668 underlying shares with exercise prices between $43.24 and $95.70 and expiration dates from 2029 through 2035, all held as direct derivative positions.
Was the recent Monarch Casino (MCRI) insider trade a purchase or a sale?
The Form 4 shows a sale. John Farahi executed an open-market sale of 5,000 shares of Monarch Casino & Resort common stock at $120.84 per share, classified in the filing with transaction code “S” for sale.
How large is John Farahi’s indirect stake in Monarch Casino (MCRI)?
The filing reports 2,521,415 shares of Monarch Casino & Resort common stock held indirectly in trusts for John Farahi. These shares are separate from his 616,556 directly held shares and reflect additional beneficial ownership through trust arrangements.