Melco (MLCO) CEO Lawrence Ho Gifts 26.44M Shares to Trust

What Happened

• Lawrence Yau Lung Ho, CEO of Melco Resorts & Entertainment (MLCO), made two gift dispositions on 2026-09-16 totaling 26,440,086 ordinary shares (16,505,664 + 9,934,422). Both transactions are coded as gifts (G) and reported with a $0.00 per-share price, so no cash proceeds were received.

Key Details

• Transaction dates and price(s): 2026-09-16; both transfers reported at $0.00 per share (gifts).
• Total shares transferred: 26,440,086 shares; total cash value reported: $0.
• Shares owned after transaction: not specified in the excerpt provided.
• Filing: Form 4 filed 2026-09-18 for the 2026-09-16 transactions (no late-filing flag indicated in the provided data).
• Notable footnotes from the filing:
  • F1: Shares were transferred by gift to an irrevocable, professionally‑managed trust as part of generational wealth planning.
  • F2: References unvested restricted shares (par value US$0.01) granted under the 2021 Share Incentive Plan that will be delivered upon vesting.
  • F3: Some ordinary shares are owned of record by Black Spade Capital Limited, held by companies owned by a trust associated with Mr. Ho.
  • F4: Additional ownership context tied to Melco International Development Limited and trusts/companies associated with Mr. Ho (details on related Melco International holdings and deemed interests).

Context

• Gifts are dispositions for estate or family planning and do not necessarily reflect the insider’s view of the company’s near-term share value. These transfers were to an irrevocable, professionally managed trust for generational planning, per the filing.