Takahashi Akiko 4

What Happened
Akiko Takahashi, Chief of Staff to the Chairman and Chief Executive Officer of Melco Resorts & Entertainment Ltd. (MLCO), was granted 472,851 restricted shares on 2026-05-08. The shares were issued at $0.00 (no cash paid); the reported aggregate value is $0 because these are compensation awards that vest over time. The Form 4 was filed on 2026-05-12 to report the 2026-05-08 grant.

Key Details

• Transaction date: 2026-05-08; Filing date: 2026-05-12 (filed within the typical 2-business-day window).
• Grant: 472,851 restricted shares at $0.00 per share (award/grant code A).
• Shares owned after transaction: Not specified in the filing.
• Footnote (F1): These are restricted shares under Melco’s 2021 Share Incentive Plan. Vesting: one-third at 12 months, one-third at 24 months, and one-third at 36 months from the grant date, conditioned on continued service (and other standard conditions).
• No sale or open-market purchase occurred — this is a compensation grant.

Context
This is a standard equity compensation grant rather than a market purchase or sale. Restricted-share awards are commonly used for retention and incentive purposes and only convert to freely tradable shares if and when they vest according to the plan conditions; they do not by themselves indicate insider buying or selling intent.