Studio City (MSC) Director Ho Lawrence Buys 1,043,600 Shares

What Happened
Director Ho Lawrence Yau Lung purchased 1,043,600 ordinary shares of Studio City International Holdings Ltd (MSC) in an open-market/private purchase (transaction code P) on 2026-09-23 at $0.20 per share, for a total cost of $206,320. This was a buy (acquisition) rather than a sale.

Key Details

• Transaction date and price: 2026-09-23, 1,043,600 shares at $0.20 each (total $206,320).
• Transaction type: Open market or private purchase (code P).
• Shares owned after transaction: Not specified in the provided filing.
• Filing date: Form 4 filed 2026-09-25 (appears timely for a Sept. 23 transaction).
• Notable footnotes from filing:
  • F1: MCO Cotai Investments Ltd (a Melco subsidiary) owns record Class A shares including 62,363,600 Class A ordinary shares represented by ADSs (each ADS = 4 Class A shares).
  • F2: Melco International and affiliated holdings disclosed; Mr. Ho personally holds 36,606,126 ordinary shares of Melco International and is deemed interested in an aggregate 1,359,666,283 ordinary shares under Hong Kong law (breakdowns provided in the filing).

Context

• This was a straightforward purchase (P) and not an option exercise, gift, or award. Purchases can be seen as a more informative insider signal than routine sales, but filings are factual disclosures and do not state motive.