Melco Resorts (MLCO) CLO logs tax-withholding share disposition

Rhea-AI Filing Summary

Melco Resorts & Entertainment LTD Chief Legal Officer Winter Graham Paul reported a tax-related share withholding. On this Form 4, 11,901 ordinary shares were disposed of at $1.89 per share to cover tax obligations rather than through an open-market sale. After this routine tax-withholding disposition, he continues to hold 571,206 ordinary shares directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider WINTER GRAHAM PAUL

Role Chief Legal Officer

Type	Security	Shares	Price	Value
Tax Withholding	Ordinary shares	11,901	$1.89	$22K

Holdings After Transaction: Ordinary shares — 571,206 shares (Direct)

Footnotes (1)

Key Figures

Tax-withheld shares: 11,901 shares Share value for withholding: $1.89 per share Post-transaction holdings: 571,206 shares +1 more

4 metrics

Tax-withheld shares 11,901 shares Ordinary shares delivered to cover tax liability

Share value for withholding $1.89 per share Value used for tax-withholding disposition

Post-transaction holdings 571,206 shares Ordinary shares held directly after transaction

Transaction code F Payment of tax liability by delivering securities

Key Terms

tax-withholding disposition, Ordinary shares, Form 4, transaction code "F"

4 terms

tax-withholding disposition financial

"reported a tax-related share withholding classified as a 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.

Ordinary shares financial

"11,901 ordinary shares were disposed of at $1.89 per share"

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

Form 4 regulatory

"On this Form 4, 11,901 ordinary shares were disposed"

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.

transaction code "F" regulatory

"It was coded as an “F” transaction, meaning 11,901 shares were disposed"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

WINTER GRAHAM PAUL

(Last) (First) (Middle)

C/O MELCO RESORTS & ENTERTAINMENT

LIMITED 71 ROBINSON ROAD #04-03

(Street)

SINGAPORE SINGAPORE 068895

(City) (State) (Zip)

SINGAPORE

(Country)

2. Issuer Name and Ticker or Trading Symbol
Melco Resorts & Entertainment LTD [ MLCO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Ordinary shares	04/06/2026		F		11,901	D	$1.89	571,206	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Tim Y. Sung, attorney-in-fact for Graham Paul Winter	04/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did MLCO’s Chief Legal Officer report?

MLCO’s Chief Legal Officer, Winter Graham Paul, reported a tax-related disposition of 11,901 ordinary shares. The shares were withheld to satisfy tax obligations, not sold in the open market, and are classified as a tax-withholding disposition on this Form 4 filing.

At what price were the Melco Resorts (MLCO) shares withheld for taxes?

The 11,901 Melco Resorts ordinary shares were withheld for taxes at $1.89 per share. This reflects the value used to cover the tax liability associated with an equity-related event, rather than a discretionary open-market sale of the shares.

How many Melco Resorts (MLCO) shares does the insider hold after this filing?

Following the tax-withholding disposition, the Chief Legal Officer directly holds 571,206 ordinary shares of Melco Resorts. This figure, disclosed in the Form 4, shows that the tax-related share disposition affected only a small portion of his overall direct holdings.

Was the MLCO insider transaction a buy or sell in the open market?

The MLCO insider transaction was not an open-market buy or sell. It was coded as an “F” transaction, meaning 11,901 shares were disposed of to pay tax liabilities by delivering securities, a routine mechanism tied to equity compensation events.

What does transaction code “F” mean in the Melco Resorts (MLCO) Form 4?

Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. In this MLCO filing, 11,901 ordinary shares were withheld at $1.89 per share to satisfy taxes, rather than being voluntarily sold on the open market.