Wynn Resorts DEF 14A: Executive Compensation Details

Ticker: WYNN · Form: DEF 14A · Filed: 2024-03-20T00:00:00.000Z

Sentiment: neutral

Topics: executive-compensation, proxy-statement, equity-awards

Related Tickers: WYNN

TL;DR

Wynn Resorts DEF 14A out: Executive pay details for 2023, including equity awards for Mr. Billings.

AI Summary

Wynn Resorts Ltd. filed a DEF 14A on March 20, 2024, for the fiscal year ending December 31, 2023. The filing details executive compensation, including information on grants, vesting, and changes in fair value of equity awards for individuals like Mr. Billings. It also provides aggregate grant date fair values for both PEO and Non-PEO members.

Why It Matters

This filing provides transparency into how Wynn Resorts compensates its top executives, which can influence investor perception and corporate governance.

Risk Assessment

Risk Level: low — This is a routine DEF 14A filing detailing executive compensation and does not present immediate financial risks.

Key Players & Entities

Wynn Resorts Ltd. (company) — Filer of the DEF 14A
Mr. Billings (person) — Executive mentioned in compensation details
2023-12-31 (date) — Fiscal year end
20240320 (date) — Filing date

FAQ

What is the primary purpose of a DEF 14A filing?

A DEF 14A filing, also known as a Definitive Proxy Statement, is used to solicit shareholder votes on important corporate matters, such as the election of directors and executive compensation.

Who is Mr. Billings in the context of this filing?

Mr. Billings is an executive at Wynn Resorts Ltd. whose compensation details, including equity awards, are specifically itemized in the filing.

What period does the compensation information in this filing cover?

The filing primarily covers the fiscal year ending December 31, 2023, detailing compensation and equity awards granted or vested during that period.

What does 'PEO' and 'Non-PEO' refer to in the context of executive compensation?

PEO typically refers to the Principal Executive Officer (e.g., CEO), while Non-PEO refers to other executive officers or directors who are not the Principal Executive Officer.

What is the significance of 'Aggregate Grant Date Fair Value'?

This figure represents the estimated fair value of equity awards (like stock options or restricted stock) at the time they were granted to executives, providing a baseline for their compensation value.

From the Filing

0001193125-24-072687.txt : 20240320 0001193125-24-072687.hdr.sgml : 20240320 20240320160645 ACCESSION NUMBER: 0001193125-24-072687 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 62 CONFORMED PERIOD OF REPORT: 20240502 FILED AS OF DATE: 20240320 DATE AS OF CHANGE: 20240320 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WYNN RESORTS LTD CENTRAL INDEX KEY: 0001174922 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 460484987 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 000-50028 FILM NUMBER: 24767820 BUSINESS ADDRESS: STREET 1: 3131 LAS VEGAS BOULEVARD SOUTH CITY: LAS VEGAS STATE: NV ZIP: 89109 BUSINESS PHONE: 7027707555 MAIL ADDRESS: STREET 1: 3131 LAS VEGAS BOULEVARD SOUTH CITY: LAS VEGAS STATE: NV ZIP: 89109 DEF 14A 1 d752878ddef14a.htm DEF 14A DEF 14A Table of Contents DEF 14A false 0001174922 0001174922 2023-01-01 2023-12-31 0001174922 2020-01-01 2020-12-31 0001174922 2021-01-01 2021-12-31 0001174922 2022-01-01 2022-12-31 0001174922 2022-02-01 2022-12-31 0001174922 2022-01-01 2022-01-31 0001174922 wynn:Mr.BillingsMember 2023-01-01 2023-12-31 0001174922 wynn:GrantedPriorTo2023AndVestedIn2023Member ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001174922 wynn:ChangeInFairValueOfEquityAwardsAtEitherTheVestingMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001174922 wynn:AggregateGrantDateFairValueMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001174922 wynn:AggregateGrantDateFairValueRemeasuredMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001174922 wynn:AggregateGrantDateFairValueAChangeMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001174922 wynn:GrantedPriorTo2023Member ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001174922 wynn:AggregateGrantDateFairValueRemeasuredMember ecd:PeoMember wynn:Mr.BillingsMember 2023-01-01 2023-12-31 0001174922 wynn:AggregateGrantDateFairValueAChangeMember ecd:PeoMember wynn:Mr.BillingsMember 2023-01-01 2023-12-31 0001174922 wynn:GrantedPriorTo2023Member ecd:PeoMember wynn:Mr.BillingsMember 2023-01-01 2023-12-31 0001174922 wynn:GrantedPriorTo2023AndVestedIn2023Member ecd:PeoMember wynn:Mr.BillingsMember 2023-01-01 2023-12-31 0001174922 wynn:ChangeInFairValueOfEquityAwardsAtEitherTheVestingMember ecd:PeoMember wynn:Mr.BillingsMember 2023-01-01 2023-12-31 0001174922 wynn:AggregateGrantDateFairValueMember ecd:PeoMember wynn:Mr.BillingsMember 2023-01-01 2023-12-31 0001174922 1 2023-01-01 2023-12-31 0001174922 2 2023-01-01 2023-12-31 0001174922 3 2023-01-01 2023-12-31 0001174922 wynn:Mr.MaddoxMember 2022-01-01 2022-12-31 0001174922 wynn:Mr.BillingsMember 2022-01-01 2022-12-31 0001174922 wynn:ChangeInFairValueOfEquityAwardsAtEitherTheVestingMember ecd:PeoMember wynn:Mr.MaddoxMember 2022-01-01 2022-12-31 0001174922 wynn:AggregateGrantDateFairValueMember ecd:PeoMember wynn:Mr.MaddoxMember 2022-01-01 2022-12-31 0001174922 wynn:AggregateGrantDateFairValueRemeasuredMember ecd:PeoMember wynn:Mr.MaddoxMember 2022-01-01 2022-12-31 0001174922 wynn:AggregateGrantDateFairValueAChangeMember ecd:PeoMember wynn:Mr.MaddoxMember 2022-01-01 2022-12-31 0001174922 wynn:GrantedPriorTo2022Member ecd:PeoMember wynn:Mr.MaddoxMember 2022-01-01 2022-12-31 0001174922 wynn:GrantedPriorTo2022AndVestedIn2022Member ecd:PeoMember wynn:Mr.MaddoxMember 2022-01-01 2022-12-31 0001174922 wynn:GrantedPriorTo2022AndVestedIn20221Member ecd:PeoMember wynn:Mr.BillingsMember 2022-01-01 2022-12-31 0001174922 wynn:OptionAwardsGrantedDuring2022WithAnAggregateGrantDateFairValueMember ecd:PeoMember wynn:Mr.BillingsMember 2022-01-01 2022-12-31 0001174922 wynn:AggregateGrantDateFairValueRemeasuredMember ecd:PeoMember wynn:Mr.BillingsMember 2022-01-01 2022-12-31 0001174922 wynn:AggregateGrantDateFairValueRemeasured1Member ecd:PeoMember wynn:Mr.BillingsMember 2022-01-01 2022-12-31 0001174922 wynn:AggregateGrantDateFairValueAChangeMember ecd:PeoMember wynn:Mr.BillingsMember 2022-01-01 2022-12-31 0001174922 wynn:GrantedPrior