Wang John Peter Ben 4
4 · Melco Resorts & Entertainment LTD · Filed May 12, 2026
Research Summary
AI-generated summary of this filing
Melco (MLCO) Director John Wang Receives 97,767-Share Award
What Happened
- Director Wang John Peter Ben (John Wang) was granted 97,767 restricted shares of Melco Resorts & Entertainment Ltd. on May 8, 2026. The reported acquisition price is $0.00, so the reported dollar value of the award is $0 (code A — grant/award).
- This is an equity award (compensation/benefit), not an open-market purchase or sale.
Key Details
- Transaction date and price: May 8, 2026 — 97,767 shares at $0.00 per share (award).
- Shares owned after transaction: not specified in the filed report.
- Footnote: The shares are restricted stock under the company's 2021 Share Incentive Plan. Vesting is one‑third at 12 months, one‑third at 24 months, and one‑third at 36 months from the grant date, subject to continued service and other conditions.
- Filing: Report filed with an accession date of May 12, 2026, showing the May 8 transaction (filing vs. transaction dates are shown in the report).
Context
- Restricted-share awards are a common form of director compensation and typically vest over time; they do not involve an immediate cash outlay or open-market trading by the insider.
- Such grants are informative about compensation but do not, by themselves, indicate buying or selling sentiment.
Insider Transaction Report
Form 4
Wang John Peter Ben
Director
Transactions
- Award
Ordinary shares
[F1]2026-05-08+97,767→ 104,715 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.
Signature
/s/ Tim Y. Sung, attorney-in-fact for John Peter Ben Wang|2026-05-12