Melco Resorts & Entertainment LTD·4

May 12, 6:21 AM ET

Wang John Peter Ben 4

Research Summary

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Updated

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.