WINTER GRAHAM PAUL 4

What Happened

• WINTER GRAHAM PAUL, Chief Legal Officer of Melco Resorts & Entertainment (MLCO), had 17,010 shares disposed on April 2, 2026. The shares were reported at $1.89 each, for a total of $32,149.
• The transaction is reported under code F, meaning the shares were used to pay the exercise price or satisfy tax liability (share withholding), not an open-market purchase.

Key Details

• Transaction date and price: 2026-04-02 at $1.89 per share.
• Shares disposed: 17,010; total value reported: $32,149.
• Transaction code/footnote: F — payment of exercise price or tax liability (shares withheld).
• Form 4 filed: 2026-04-06 (filing date included in accession). Shares owned after the transaction are not specified in the provided filing.
• No 10b5-1 plan, gift, or late-filing flag is indicated in the supplied data.

Context

• Code F transactions are typically administrative: companies often withhold shares when options are exercised or awards vest to cover taxes. This is generally a routine, non-bearish event and differs from an open-market sale initiated to realize cash.