Las Vegas Sands (LVS) EVP and General Counsel reports RSU vesting and tax share sales
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Las Vegas Sands Corp. executive Hudson D. Zachary reported routine equity award activity. On January 29, 2026, 10,353 restricted stock units vested and converted into the same number of common shares at $0 exercise price, with 2,553 shares withheld at $52.71 per share for taxes. On January 30, 2026, a further 8,077 units vested into common stock at $0, with 1,967 shares withheld at $52.73 per share for tax obligations. After these transactions, Zachary directly owned 27,645 shares of Las Vegas Sands common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
18,430 shares exercised/converted
Mixed
6 txns
Insider
Hudson D. Zachary
Role
EVP and Global General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 8,077 | $0.00 | -- |
| Exercise | Common Stock | 8,077 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,967 | $52.73 | $104K |
| Exercise | Restricted Stock Units | 10,353 | $0.00 | -- |
| Exercise | Common Stock | 10,353 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,553 | $52.71 | $135K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 29,612 shares (Direct)
Footnotes (1)
- Reflects restricted stock units that upon vesting settled in shares of Las Vegas Sands Corp. common stock ("Common Stock") on a one-for-one basis. Reflects shares of Common Stock withheld to cover tax withholding obligations in connection with the vesting of the restricted stock units reported herein. Each restricted stock unit represents a contingent right to receive one share of Common Stock. Reflects a grant of 31,374 restricted stock units on January 29, 2024 that vests as to 33% on each of the first and second anniversaries of the date of grant and as to 34% on the third anniversary of the date of grant. Vested shares are scheduled to be delivered to the reporting person on each anniversary. Reflects a grant of 23,756 restricted stock units on January 30, 2023 that vests as to 33% on each of the first and second anniversaries of the date of grant and as to 34% on the third anniversary of the date of grant. Vested shares are scheduled to be delivered to the reporting person on each anniversary.
FAQ
What insider transaction did LVS executive Hudson D. Zachary report?
Hudson D. Zachary reported vesting of restricted stock units that converted into Las Vegas Sands common shares. On two dates in January 2026, units settled one-for-one into stock, with a portion of the new shares withheld to satisfy tax withholding obligations related to those equity awards.
What do the restricted stock unit (RSU) footnotes say in the LVS Form 4?
Footnotes explain each restricted stock unit represents a contingent right to receive one Las Vegas Sands common share. They reference earlier grants from 2023 and 2024 that vest in annual tranches of roughly 33%, 33%, and 34%, with vested shares scheduled for delivery on each anniversary.
What is Hudson D. Zachary’s role at Las Vegas Sands (LVS)?
The reporting person, Hudson D. Zachary, is identified as an officer of Las Vegas Sands Corp. His specific title in the filing is “EVP and Global General Counsel,” indicating he serves as the company’s executive vice president and top in-house legal officer overseeing legal affairs.