FARAHI JOHN 4

What Happened
John Farahi, reported as a 10% owner of Monarch Casino & Resort, sold a total of 3,000 shares in two open‑market transactions in March 2026. He sold 1,000 shares on 2026-03-10 at $97.43 each ($97,430) and 2,000 shares on 2026-03-16 at $99.00 each ($198,000), for an aggregate proceeds of approximately $295,430. These were outright sales (code S) — a disposal of shares rather than a purchase or option exercise.

Key Details

• Transaction dates and prices:
  • 2026-03-10: 1,000 shares sold at $97.43 ($97,430)
  • 2026-03-16: 2,000 shares sold at $99.00 ($198,000)
• Total shares sold: 3,000; approximate proceeds: $295,430 (USD)
• Shares owned after transaction: not specified in the provided excerpt — see the full Form 4 filing for updated holdings
• Transaction type/code: S = Sale (open market/private sale)
• Filing: Form 4 filed 2026-03-25 for trades on 2026-03-10 and 2026-03-16 — this appears late relative to the typical 2-business-day reporting requirement
• No 10b5‑1 plan, tax‑withholding, or other footnotes were included in the summarized data provided

Context
As a 10% owner, Farahi is a substantial shareholder rather than necessarily an officer or director; such sales can be routine reallocations or liquidity actions and do not alone indicate company outlook. In general, buys often carry more informational weight for bullish signals; straightforward sales like these are common and should be interpreted alongside other insider activity and company fundamentals. For complete details (post‑transaction holdings, footnotes, and official timestamps), consult the full SEC Form 4 filing (Accession: 0000907242-26-000008).