4Filed Apr 5, 8:00 PM ET
Melco (MLCO) Chief of Staff Akiko Takahashi Withholds 32,619 Shares
$MLCO · Melco Resorts & Entertainment LTDResearch Summary
AI-generated summary of this SEC filing
Melco (MLCO) Chief of Staff Akiko Takahashi Withholds 32,619 Shares
What Happened
Akiko Takahashi, Chief of Staff to the Chairman and CEO of Melco Resorts & Entertainment (MLCO), had 32,619 shares disposed on April 2, 2026 to satisfy a tax liability — valued at approximately $1.89 per share, totaling about $61,650. This was a withholding of shares for taxes (transaction code F), not an open‑market sale or a new purchase.
Key Details
- Transaction date and price: April 2, 2026 — 32,619 shares at $1.89 each (total ≈ $61,650).
- Transaction type: Code F — payment of exercise price or tax liability (shares withheld to cover taxes).
- Shares owned after transaction: not specified in the provided filing details.
- Filing date and timeliness: Form 4 filed April 6, 2026 — within the typical two business‑day reporting window.
- Remark: Takahashi’s role listed as Chief of Staff to the Chairman and CEO.
Context
A code F withholding is commonly used to cover taxes due on stock vesting or option exercises; it reflects a tax payment mechanism rather than a directional bet on the stock. Such withholdings are routine and do not necessarily indicate management sentiment about Melco’s stock price.