Adelson family reports major LVS share gifts
LAS VEGAS SANDS CORP insider entities associated with the Adelson family reported a series of bona fide gifts of Common Stock.
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Form Type
4
Rhea-AI Filing Summary
LAS VEGAS SANDS CORP insider entities associated with the Adelson family reported a series of bona fide gifts of Common Stock. Trusts for the benefit of one or more Adelson family members transferred an aggregate of 350,875,674 shares at a stated price of $0.00 per share.
The filing describes these as transfers for no consideration among members of, or trusts for the benefit of, the Adelson family and notes they are exempt under Rule 16a-13. Following these transactions, a separate holding entry shows indirect ownership of 165,443,496 shares by a family member or related trusts not otherwise reported in the individual gift entries.
Insider Trade Summary
350,875,674 shares gifted
Gift
7 txns
Insider
Adelson Miriam, SHELDON G. ADELSON 2007 REMAINDER TRUST, SHELDON G. ADELSON 2007 FRIENDS & FAMILY TRUST
Role
10% Owner | Insider | Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 87,718,919 | $0.00 | $0.00 |
| Gift | Common Stock | 87,718,918 | $0.00 | $0.00 |
| Gift | Common Stock | 43,859,460 | $0.00 | $0.00 |
| Gift | Common Stock | 43,859,459 | $0.00 | $0.00 |
| Gift | Common Stock | 43,859,459 | $0.00 | $0.00 |
| Gift | Common Stock | 43,859,459 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Indirect, By General Trust under the Sheldon G. Adelson 2007 Remainder Trust);
Common Stock — 0 shares (Indirect, By General Trust under the Sheldon G. Adelson 2007 Friends & Family Trust);
Common Stock — 43,859,460 shares (Indirect, By Trust CCC for the benefit of one or more members of the Adelson family);
Common Stock — 43,859,459 shares (Indirect, By Trust DDD for the benefit of one or more members of the Adelson family);
Common Stock — 43,859,459 shares (Indirect, By Trust EEE for the benefit of one or more members of the Adelson family);
Common Stock — 43,859,459 shares (Indirect, By Trust FFF for the benefit of one or more members of the Adelson family);
Common Stock — 165,443,496 shares (Indirect, By family member or trusts for benefit of one or more Adelson family members not reported above)
Footnotes (2)
- F1. The shares were transferred for no consideration among one or more members of or trusts for the benefit of the Adelson family.
- F2. Reflects transfers exempt pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended.
Key Figures
Total gifted shares: 350,875,674 shares
Individual trust gift size: 43,859,459 shares
Individual trust gift size: 87,718,918 shares
+3 more
6 metrics
Total gifted shares
350,875,674 shares
Aggregate bona fide gifts by Adelson family-related trusts
Individual trust gift size
43,859,459 shares
Gift by Trust FFF for benefit of Adelson family members
Individual trust gift size
87,718,918 shares
Gift by General Trust under 2007 Friends & Family Trust
Individual trust gift size
87,718,919 shares
Gift by General Trust under 2007 Remainder Trust
Indirect holdings after transaction
165,443,496 shares
Held indirectly by family member or related trusts not otherwise reported
Gift transaction price
$0.00 per share
Stated price for each bona fide gift of common stock
Key Terms
bona fide gift, Rule 16a-13, indirect ownership, ten percent owner, +1 more
5 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift" for each G-coded transfer"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Rule 16a-13 regulatory
"Reflects transfers exempt pursuant to Rule 16a-13 under the Securities Exchange Act of 1934"
indirect ownership financial
"ownership_type: "indirect" and ownership_code: "I" for all reported holdings"
ten percent owner regulatory
"reporting person Miriam Adelson is marked as a ten percent owner"
Common Stock financial
"security_title: "Common Stock" for each reported transaction"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did the Adelson family report in this LVS Form 4 filing?
The filing reports large bona fide gifts of LAS VEGAS SANDS CORP common stock by Adelson family-related trusts. Shares were transferred for no consideration among family members and trusts, reallocating indirect holdings without open-market buying or selling.
How are the Adelson family LVS transfers treated under SEC rules?
The filing states the transfers are exempt under Rule 16a-13 of the Securities Exchange Act of 1934. This rule can apply to certain intra-family or related-party transfers, so the aggregate Adelson family economic interest may be unchanged despite the reallocation of record ownership.
What LVS holdings remain indirectly reported after these Adelson family gifts?
After the reported gifts, one entry shows 165,443,496 LAS VEGAS SANDS CORP shares held indirectly by a family member or trusts not otherwise detailed. This reflects continuing significant indirect ownership, separate from the specific trusts that reported gifting shares.
Do these Adelson family LVS gifts affect company operations or capital structure?
The filing only addresses changes in indirect ownership among Adelson family-related entities. It does not describe any change to LAS VEGAS SANDS CORP’s operations or capital structure, focusing solely on intra-family or trust-level reallocations of existing common stock holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
