DAVIS GEOFFREY STUART 4

What Happened

• Geoffrey Stuart Davis (listed as DAVIS GEOFFREY STUART), Chief Financial Officer of Melco Resorts & Entertainment (MLCO), disposed of 55,512 shares on June 3, 2026. The transaction is coded "F" (payment of exercise price or tax liability): 55,512 shares withheld/disposed at $1.93 per share, total value ≈ $107,138.
• This was a withholding/payment related to option exercise or tax obligations rather than an open-market sale — a routine administrative transaction rather than a clear bullish or bearish signal.

Key Details

• Transaction date: 2026-06-03; filing date: 2026-06-05 (filed within normal Section 16 reporting window).
• Price per share: $1.93; shares disposed: 55,512; total value: ~$107,138.
• Transaction code: F = payment of exercise price or tax liability (shares likely surrendered to cover taxes/exercise costs).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• No 10b5-1 plan or other special footnotes noted in the supplied data.

Context

• Code F typically means shares were withheld to satisfy tax or exercise obligations (a common "cashless" or withholding settlement following option exercise). These are routine and do not necessarily indicate insider sentiment about the company’s stock price.