July 21, 2025 · Form 4 insider transaction
FARAHI JOHN bought 66,666 shares of MONARCH CASINO & RESORT INC at $17.62 per share, a transaction worth $1.17M. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 2 days after the transaction.
On July 21, 2025, Mr. Farahi completed "net" stock option exercise whereby he exercised 66,666 stock options with an expiration date 11/01/2025. The exercise price of the stock option and the required tax withholding were paid in the form of stock totaling 32,992 shares. As a result of this "net" stock exercise Mr. Farahi beneficial ownership increased by the balance of 33,674 shares.