yeah, OK, could just be UV pulled up the stipe, mimicing an annulus.
don’t think that it’s a protecta, though, although prob. something in that group. protecta should redden in all parts with age, and i have never seen a protecta with a tawny cap like this one. the dark stipe ornamentation fits, though.
striate margin is not very dramatic, but hey, variability happens.