Caracciolo Kathleen M 4

What Happened
Kathleen M. Caracciolo, a director of Full House Resorts (FLL), exercised options to acquire 5,888 shares on March 12, 2026. The exercise reported an exercise price of $1.70 per share (total $10,010). To satisfy the exercise price/tax withholding, the issuer withheld 3,694 shares (reported at $2.71 per share, ~$10,011). After withholding, the director received a net of 2,194 shares. The filing also shows the derivative (the option) was converted/expired as part of the exercise.

Key Details

• Transaction date: 2026-03-12
• Option exercise: 5,888 shares @ $1.70 = $10,010 (acquired)
• Withholding to cover exercise/taxes: 3,694 shares @ $2.71 = $10,011 (disposed) — footnote: shares withheld by issuer to satisfy exercise price/tax liability
• Derivative conversion: 5,888 option units reported as converted/expired (disposition at $0.00)
• Net shares received by insider: 2,194
• Shares owned after transaction: not specified in the Form 4
• Filing timeliness: no late-filing indicator shown on the Form 4

Context
This was an option exercise with share withholding (a common cashless exercise/tax-withholding mechanism) rather than an open-market sale or purchase. Withheld shares are routine and used to cover option costs or tax obligations; they do not necessarily signal bullish or bearish intent. The reported dollar amounts (~$10k) are modest, indicating a relatively small transaction in dollar terms.