Chau Micheline 4

What Happened
Micheline Chau, a director of Las Vegas Sands Corp. (LVS), received a grant of 3,948 shares on May 14, 2026. The filing reports an acquisition at $0.00 per share (award/grant), meaning no cash was paid by the insider. This is an equity award rather than an open-market purchase or sale and typically reflects director compensation.

Key Details

• Transaction date: 2026-05-14; Filing date (Form 4): 2026-05-18.
• Transaction type/code: A — Award/Grant.
• Shares granted: 3,948; reported acquisition price: $0.00 per share.
• Shares owned after transaction: not specified in the provided filing summary.
• Footnote: Granted under the Las Vegas Sands Corp. 2004 Equity Award Plan.
• Timeliness: Filed on 2026-05-18 for a 2026-05-14 transaction (filed within the typical 2-business-day window).

Context
Grants to directors are common as part of compensation and do not necessarily signal the director buying or selling based on company outlook. This award increases insider-held equity but is distinct from open-market purchases (which can be interpreted as a stronger bullish signal).