WINKLER EVAN ANDREW 4
4 · Melco Resorts & Entertainment LTD · Filed May 12, 2026
Research Summary
AI-generated summary of this filing
Melco (MLCO) President Evan Winkler Receives Award
What Happened
Evan Andrew Winkler, President and a director of Melco Resorts & Entertainment Ltd. (MLCO), received a grant of 4,629,888 restricted shares on 2026-05-08. The Form 4 reports the acquisition as an award (transaction code A) with a reported per-share price of $0.00 (total value shown as $0 on the filing), which is typical for equity awards recorded as compensation rather than an open-market purchase.
Key Details
- Transaction date: 2026-05-08; Form 4 filed 2026-05-12.
- Transaction type/code: Award/Grant (A).
- Shares granted: 4,629,888 restricted shares; reported price $0.00 (total $0 on the Form 4).
- Vesting: Per footnote, shares are restricted and vest in three equal tranches — one-third at 12 months, one-third at 24 months, and one-third at 36 months from grant — conditioned on continued service and other plan terms.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- No indication in the provided data of a 10b5-1 plan, tax-withholding sale, or other special handling.
Context
This is a compensation award under Melco’s 2021 Share Incentive Plan, not an open-market purchase or sale. Restricted-share grants are common for executive retention and do not necessarily signal immediate buying or selling intent; shares must vest (and may be subject to forfeiture if employment ends) before they become freely tradable.
Insider Transaction Report
- Award
Ordinary shares
[F1]2026-05-08+4,629,888→ 7,075,464 total
Footnotes (1)
- [F1]Consists of restricted shares granted to the Reporting Person pursuant to the Company's 2021 Share Incentive Plan, which are delivered on vesting of the shares. Of such shares, one-third vest 12 months from the grant date, one-third vest 24 months from the grant date, and one-third vest 36 months from the grant date, conditioned on, inter alia, continued service through the applicable vesting date.