Director Alain Li receives 3,948-share stock award at Las Vegas Sands (LVS)

Rhea-AI Filing Summary

Li Alain reported acquisition or exercise transactions in this Form 4 filing.

Las Vegas Sands Corp. director Alain Li received a grant of 3,948 shares of common stock on May 14, 2026. The award was granted at no cash cost per share under the company’s 2004 Equity Award Plan and increased his direct holdings to 12,931 shares, reflecting routine equity-based compensation rather than an open-market purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Li Alain

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,948	$0.00	--

Holdings After Transaction: Common Stock — 12,931 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares granted: 3,948 shares Grant price: $0.00 per share Shares held after: 12,931 shares +1 more

4 metrics

Shares granted 3,948 shares Equity award on May 14, 2026

Grant price $0.00 per share Stated award price for common stock

Shares held after 12,931 shares Direct holdings following the grant

Transactions acquiring shares 1 transaction Non-derivative grant/award acquisition

Key Terms

Form 4, Common Stock, Grant, award, or other acquisition, Equity Award Plan

4 terms

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.

Common Stock financial

""security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Grant, award, or other acquisition financial

""transaction_code_description": "Grant, award, or other acquisition""

Equity Award Plan financial

"Granted under the Las Vegas Sands Corp. 2004 Equity Award Plan."

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^*

Li Alain

(Last) (First) (Middle)

5420 S. DURANGO DRIVE

(Street)

LAS VEGAS NEVADA 89113

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
LAS VEGAS SANDS CORP [ LVS ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

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
Common Stock	05/14/2026		A		3,948(1)	A	$0	12,931	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:

1. Granted under the Las Vegas Sands Corp. 2004 Equity Award Plan.

Remarks:

	/s/ Judy Tomkins, Attorney-in-Fact	05/18/2026
	** 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 Alain Li report at Las Vegas Sands (LVS)?

Alain Li reported receiving a grant of 3,948 Las Vegas Sands common shares. This was an equity award, not a market purchase, and forms part of his director compensation, aligning part of his pay with the company’s share performance over time.

Was the Alain Li Form 4 transaction in LVS stock a purchase or a grant?

The Form 4 shows an equity grant, not an open-market purchase. Alain Li received 3,948 common shares at a stated price of $0.00 per share as a stock award under the company’s 2004 Equity Award Plan for director compensation.

How many Las Vegas Sands (LVS) shares does Alain Li hold after this award?

After the 3,948-share equity grant, Alain Li directly holds 12,931 Las Vegas Sands common shares. This total represents his post-transaction position reported in the Form 4 and reflects his ongoing equity stake as a company director.

What plan was used for Alain Li’s 3,948-share LVS stock award?

The 3,948-share award to Alain Li was granted under the Las Vegas Sands Corp. 2004 Equity Award Plan. This plan is used to deliver equity-based compensation, such as stock grants, to eligible participants like directors and employees.

Did Alain Li sell any Las Vegas Sands (LVS) shares in this Form 4 filing?

The Form 4 does not report any sales of Las Vegas Sands shares by Alain Li. It only shows a grant of 3,948 common shares as a stock award, increasing his direct holdings to 12,931 shares after the reported transaction.