WINKLER EVAN ANDREW 4

What Happened
Evan Andrew Winkler, President and Director of Melco Resorts & Entertainment Ltd. (MLCO), had 91,830 shares disposed on April 6, 2026 as a payment to cover an exercise price or tax liability. The shares were valued at $1.89 each, totaling approximately $173,559. This was a tax-withholding/cashless settlement related to an equity award or option exercise rather than an open-market sale.

Key Details

• Transaction date: 2026-04-06; Filing date (Form 4): 2026-04-08 (appears timely).
• Disposed: 91,830 shares at $1.89 per share; total value ≈ $173,559.
• Transaction code: F — payment of exercise price or tax liability (withholding).
• Shares owned after transaction: not specified in the provided filing summary.
• No indication here of a 10b5-1 plan or other special instruction in the summary provided.

Context
Code F transactions typically reflect shares withheld to satisfy tax withholding or to pay the exercise price when options vest — a routine administrative step that doesn't necessarily signal a change in the insider’s view of the company. Purchases tend to be more informative about insider sentiment; tax-withholdings and cashless exercises are common and often neutral.