Dumont Patrick 4

What Happened

• Patrick Dumont, President & COO and Director of Las Vegas Sands Corp. (LVS), had restricted stock units (RSUs) vest on Jan 29–30, 2026. A total of 67,019 RSUs converted to common shares (37,649 on Jan 29 and 29,370 on Jan 30) at $0 exercise price (these were awards vesting, not purchases).
• To cover tax withholding, 11,970 shares were withheld on Jan 29 at $52.71 for $630,939, and 11,558 shares were withheld on Jan 30 at $52.73 for $609,453 — total tax-withheld value approximately $1,240,392. Net shares delivered to Dumont = 67,019 − 23,528 = 43,491 shares.

Key Details

• Transaction types: M = conversion/exercise of derivative (RSU vesting); F = shares withheld to cover taxes.
• Dates & prices: Jan 29, 2026 (37,649 RSUs converted; 11,970 shares withheld @ $52.71 = $630,939); Jan 30, 2026 (29,370 RSUs converted; 11,558 shares withheld @ $52.73 = $609,453).
• Shares acquired (vested): 67,019; shares withheld for taxes: 23,528; net shares received: 43,491.
• Footnotes: Vesting reflects prior RSU grants — 114,087 RSUs granted 1/29/2024 and 86,385 RSUs granted 1/30/2023 with multi-year vesting schedules (see F4/F5). F1–F3 confirm each RSU converts one-for-one to common stock and withheld shares cover tax obligations.
• Shares owned after the transaction: not specified in the provided excerpt of the filing.
• Filing date: Form 4 filed Feb 2, 2026 (no late-filing flag provided in the supplied data).

Context

• This was not an open-market sale or purchase — it was routine RSU vesting with a standard share-withholding to satisfy tax obligations (commonly called a "sell to cover"). Such tax withholding transactions generally reflect compensation vesting rather than a directional trading signal by the insider.