Las Vegas Sands insider filing: 20,000-share sale planned, prior 10,000-share sale

Rhea-AI Filing Summary

Las Vegas Sands Corp. (LVS) filing a Form 144 notifies the proposed sale of 20,000 shares of common stock through Goldman Sachs & Co. LLC, with an aggregate market value of $1,090,000 and an approximate sale date of 09/10/2025 on the NYSE. The shares were originally acquired from the issuer in a private transaction on 10/01/2004 and paid in cash. The filing also discloses a prior sale by Charles D. Forman of 10,000 shares on 08/06/2025 for gross proceeds of $526,282. The filer certifies no undisclosed material adverse information.

Positive

• The filing provides transparent disclosure of a proposed sale of 20,000 shares through a recognized broker, satisfying Rule 144 reporting requirements.
• The securities were acquired in 2004 and paid for in cash, indicating a long-held position with straightforward provenance.

Negative

• The filing discloses a recent sale of 10,000 shares on 08/06/2025, which may be viewed negatively by some market observers even though no material adverse information is reported.

Insights

Corporate Governance Expert

TL;DR: Routine insider disclosure of proposed share sale; provides transparency but not necessarily material to company fundamentals.

The Form 144 documents a proposed sale by an individual account through an institutional broker and discloses a recent prior disposition. From a governance perspective, timely filing ensures compliance with Rule 144 transfer reporting and public transparency of insider transactions. The filing confirms the shares were long-held (acquired in 2004) and that proceeds are cash, which reduces complexity in interpretation. No additional corporate actions, changes in control, or new material information about the issuer are disclosed.

Securities Compliance Analyst

TL;DR: Disclosure appears complete for Rule 144 purposes; shows planned sale via Goldman Sachs and a recent prior sale by the same account.

Key compliance elements are present: security class, broker identity, number of shares to be sold, aggregate market value, acquisition date and nature, and prior three-month sale activity. The filer makes the standard representation about absence of undisclosed material adverse information. The filing does not include any information about trading plans (Rule 10b5-1) or other restrictive conditions. No regulatory exceptions or legal issues are indicated in the form's text.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Goldman Sachs & Co. LLC 200 West Street New York NY 10282	20000	1090000	686453606	09/10/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	10/01/2004	Acquired from issuer in private transaction	The Issuer			20000	10/01/2004	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Charles D. Forman 5420 S. Durango Dr. Las Vegas NV 89113	Common Stock	08/06/2025	10000	526282

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed by LVS disclose?

The form discloses a proposed sale of 20,000 shares of Las Vegas Sands common stock via Goldman Sachs & Co. LLC with an aggregate market value of $1,090,000, planned for 09/10/2025.

Who is the seller named in the filing?

The filing identifies Charles D. Forman as the seller for a prior transaction and indicates the securities to be sold are for a named person’s account (the form text provides the person-of-account fields).

When were the shares being sold originally acquired?

The shares were acquired from the issuer in a private transaction on 10/01/2004 and payment was made in cash.

Has the filer sold any LVS shares recently?

Yes. The filing reports a sale of 10,000 shares on 08/06/2025 that generated $526,282 in gross proceeds.

Which broker will handle the proposed sale?

The proposed sale is to be handled by Goldman Sachs & Co. LLC, located at 200 West Street, New York, NY.