Dumont Patrick 4
Research Summary
AI-generated summary
Las Vegas Sands COO Patrick Dumont Receives 97,052 RSU Award
What Happened Patrick Dumont, President & COO and a director of Las Vegas Sands Corp (LVS), received a grant of 97,052 restricted stock units (RSUs) on February 2, 2026. The award was recorded at $0.00 in the filing (no cash purchase); each RSU represents a contingent right to one share of common stock upon vesting. The filing does not specify a dollar value at grant—economic value will depend on LVS’s share price when units vest or are delivered.
Key Details
- Transaction date: 2026-02-02; Transaction type: Award/Grant (derivative, code A).
- Number of RSUs granted: 97,052; Price shown in filing: $0.00 (no cash paid).
- Vesting schedule (footnote): 33% vest on each of the 1st and 2nd anniversaries, and 34% on the 3rd anniversary; vested shares are delivered on each anniversary.
- Shares owned after the transaction: Not disclosed in this Form 4 excerpt.
- Filing timeliness: Reported period 2026-02-02 and filed 2026-02-04 — appears timely.
Context RSU grants are a form of compensation and not an open-market purchase or sale; they indicate future potential ownership if vesting conditions are met rather than an immediate market transaction. For retail investors, such awards show alignment with long-term incentives but do not necessarily signal a buy/sell decision by the insider.