WINKLER EVAN ANDREW 4
4 · Melco Resorts & Entertainment LTD · Filed Apr 6, 2026
Research Summary
AI-generated summary of this filing
Melco (MLCO) President Evan Winkler Sells 228,162 Shares
What Happened
Evan Andrew Winkler, President and Director of Melco Resorts & Entertainment Ltd. (MLCO), disposed of 228,162 shares on April 2, 2026 at $1.89 per share for a reported total of $431,226. The transaction is coded "F" on the Form 4, indicating the shares were surrendered to satisfy tax withholding related to an equity award or option exercise rather than an open-market sale.
Key Details
- Transaction date: 2026-04-02; Filing date: 2026-04-06 (appears timely under Form 4 rules).
- Price and volume: 228,162 shares at $1.89 each; reported total $431,226.
- Transaction code: F — shares were disposed to cover tax liability (common when options vest or awards settle).
- Post-transaction holdings: not disclosed in this Form 4 (not reported here).
- Filing accession: 0001193125-26-142877.
Context
An "F" disposition typically reflects tax withholding or surrender of shares to cover taxes from an equity award or option exercise (often called a sell-to-cover or net settlement). This is generally a routine administrative action and not a clear signal of the insider's view on company prospects.
Insider Transaction Report
- Tax Payment
Ordinary shares
2026-04-02$1.89/sh−228,162$431,226→ 2,537,406 total