Hudson D. Zachary 4

What Happened Hudson D. Zachary, EVP and Global General Counsel of Las Vegas Sands Corp., had 17,378 restricted stock units vest and convert into 17,378 shares on February 3, 2026. The Form 4 shows an "acquired" entry of 17,378 shares at $0.00 (exercise/conversion, code M) and a matching "disposed" entry of 17,378 shares at $0.00. No cash proceeds or sale price are reported in the filing.

Key Details

• Transaction date: 2026-02-03; Form 4 filed: 2026-02-05 (timely).
• Reported entries: Acquired 17,378 shares @ $0.00 (code M); Disposed 17,378 shares @ $0.00 (Derivative).
• Shares owned after transaction: Not stated in the provided filing excerpt.
• Footnotes: F1–F3 indicate these were restricted stock units (RSUs) that settle one-for-one into common shares; the RSU grant was 52,659 units on Feb 3, 2025, vesting 33%/33%/34% on each anniversary (33% ≈ 17,378 units vested on Feb 3, 2026).
• Filing does not specify whether the zero-dollar "disposed" entry reflects a transfer, tax withholding, or other administrative settlement.

Context This was an RSU vesting/settlement (derivative conversion), not an open-market purchase or sale. The M transaction code denotes exercise or conversion of a derivative security; here it reflects RSUs converting to common shares under the grant schedule. Because no sale price or proceeds are shown, this filing does not indicate a market sale or cashless exercise to the extent disclosed.