Dumont Patrick 4
4 · LAS VEGAS SANDS CORP · Filed Feb 5, 2026
Research Summary
AI-generated summary of this filing
Las Vegas Sands (LVS) President Patrick Dumont Receives RSUs; Shares Withheld
What Happened
Patrick Dumont, President & COO and a director of Las Vegas Sands (LVS), had 33,419 restricted stock units (RSUs vest) converted to common shares on Feb 3, 2026. Of those, 13,151 shares were withheld to cover tax withholding at $56.94 per share, totaling $748,818. That leaves a net delivery to Dumont of 20,268 shares (33,419 vested − 13,151 withheld).
Key Details
- Transaction date: Feb 3, 2026; Form 4 filed Feb 5, 2026 (appears timely).
- Reported entries: M = exercise/conversion of derivative (33,419 shares at $0.00); F = shares withheld for tax (13,151 shares at $56.94; $748,818).
- Net shares received: 20,268.
- Shares owned after transaction: not disclosed on the provided filing details.
- Relevant footnotes: RSUs settle one-for-one into common stock (F1, F3); shares were withheld to satisfy tax obligations (F2). The RSU grant (101,268 units on Feb 3, 2025) vests 33% each year, with these shares representing the first anniversary vesting (F4).
Context
This was a vesting/settlement of restricted stock units rather than an open-market buy or sale. The withholding of shares to pay taxes (a common, administrative step) is reported as a disposition (F code) and does not by itself indicate a change in the insider’s market view.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-02-03+33,419→ 523,518 total - Tax Payment
Common Stock
[F2]2026-02-03$56.94/sh−13,151$748,818→ 510,367 total - Exercise/Conversion
Restricted Stock Units
[F3][F4]2026-02-03−33,419→ 67,849 total→ Common Stock (33,419 underlying)
Footnotes (4)
- [F1]Reflects restricted stock units that upon vesting settled in shares of Las Vegas Sands Corp. common stock ("Common Stock") on a one-for-one basis.
- [F2]Reflects shares of Common Stock withheld to cover tax withholding obligations in connection with the vesting of the restricted stock units reported herein.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Common Stock.
- [F4]Reflects a grant of 101,268 restricted stock units on February 3, 2025 that vests as to 33% on each of the first and second anniversaries of the date of grant and as to 34% on the third anniversary of the date of grant. Vested shares are scheduled to be delivered to the reporting person on each anniversary.