Kuzdowicz Amy L. 4
Research Summary
AI-generated summary
Melco (MLCO) Principal Accounting Officer Amy Kuzdowicz Receives Award
What Happened
- Amy L. Kuzdowicz, Principal Accounting Officer of Melco Resorts & Entertainment Ltd. (MLCO), received an award of 111,735 restricted shares on May 8, 2026. The reported acquisition price is $0.00 (a grant), so no cash was paid on grant. The shares are restricted and will be delivered only upon vesting.
Key Details
- Transaction date: 2026-05-08 (Form 4 filed 2026-05-12 — timely within reporting window).
- Transaction type/code: Award/Grant (Code A); price reported $0.00.
- Shares granted: 111,735 restricted shares.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote: Shares are restricted and vest in three equal installments — one-third at 12 months, one-third at 24 months, and one-third at 36 months from the grant date, conditioned on continued service (per the 2021 Share Incentive Plan).
Context
- This is a standard equity compensation award (not an open-market purchase or sale). Such grants are a routine part of executive compensation to align management with long-term company performance and do not by themselves indicate insider buying or selling sentiment.