Melco Resorts (MLCO) CFO uses 115,677 shares for tax-withholding, retains 3.29M
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Melco Resorts & Entertainment CFO Geoffrey Stuart Davis reported a routine tax-related share disposition. On April 6, 2026, 115,677 ordinary shares were disposed of at $1.89 per share to cover tax obligations by delivering shares, not through an open-market sale. After this transaction, he directly holds 3,286,191 ordinary shares, indicating he retains a substantial equity position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DAVIS GEOFFREY STUART
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary shares | 115,677 | $1.89 | $219K |
Holdings After Transaction:
Ordinary shares — 3,286,191 shares (Direct)
Footnotes (1)
Key Figures
Tax-withholding shares: 115,677 shares
Implied share value: $1.89 per share
Post-transaction holdings: 3,286,191 shares
+1 more
4 metrics
Tax-withholding shares
115,677 shares
Ordinary shares disposed for tax withholding on April 6, 2026
Implied share value
$1.89 per share
Value used for tax-withholding disposition
Post-transaction holdings
3,286,191 shares
Ordinary shares directly held by CFO after transaction
Tax-withholding count
1 transaction, 115,677 shares
Summary of tax-withholding entries in this Form 4
Key Terms
tax-withholding disposition, Payment of exercise price or tax liability by delivering securities, Ordinary shares, Form 4
4 terms
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description": "Payment of exercise price or tax liability by delivering securities""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Melco Resorts (MLCO) report for its CFO?
Melco Resorts reported a tax-withholding disposition by CFO Geoffrey Stuart Davis. On April 6, 2026, 115,677 ordinary shares were delivered at $1.89 per share to satisfy tax obligations rather than sold on the open market.
Does the Melco Resorts (MLCO) CFO still hold a large stake after this transaction?
Yes. After the tax-withholding disposition, CFO Geoffrey Stuart Davis directly holds 3,286,191 ordinary shares of Melco Resorts. This post-transaction balance indicates he continues to maintain a significant ownership position in the company following the reported event.
What does transaction code F mean in the Melco Resorts (MLCO) Form 4?
Transaction code F indicates a payment of tax liability by delivering securities. In this case, 115,677 ordinary shares of Melco Resorts were used to satisfy the CFO’s tax obligations connected to equity awards, rather than being sold for investment reasons.