STOCK TITAN

Las Vegas Sands (NYSE: LVS) president gets RSU shares, withholds stock for taxes

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Las Vegas Sands Corp. president and COO Patrick Dumont reported routine equity compensation activity involving restricted stock units (RSUs) that settled into common shares. On January 29, 2026, 37,649 RSUs converted into common stock, with 11,970 shares withheld at $52.71 per share to cover taxes. On January 30, 2026, a further 29,370 RSUs converted, with 11,558 shares withheld at $52.73 per share for tax obligations. Following these transactions, Dumont directly owned 490,099 shares of Las Vegas Sands common stock.

Positive

  • None.

Negative

  • None.
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*
Dumont Patrick

(Last) (First) (Middle)
5420 S. DURANGO DRIVE

(Street)
LAS VEGAS NV 89113

(City) (State) (Zip)
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
X Officer (give title below) Other (specify below)
President & COO
3. Date of Earliest Transaction (Month/Day/Year)
01/29/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 01/29/2026 M 37,649 A $0(1) 484,257 D
Common Stock 01/29/2026 F(2) 11,970 D $52.71 472,287 D
Common Stock 01/30/2026 M 29,370 A $0(1) 501,657 D
Common Stock 01/30/2026 F(2) 11,558 D $52.73 490,099 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
Restricted Stock Units (3) 01/29/2026 M 37,649 (4) (4) Common Stock 37,649 $0 38,789 D
Restricted Stock Units (3) 01/30/2026 M 29,370 (5) (5) Common Stock 29,370 $0 0 D
Explanation of Responses:
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.
2. Reflects shares of Common Stock withheld to cover tax withholding obligations in connection with the vesting of the restricted stock units reported herein.
3. Each restricted stock unit represents a contingent right to receive one share of Common Stock.
4. Reflects a grant of 114,087 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.
5. Reflects a grant of 86,385 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.
Remarks:
/s/ Judy Tomkins, Attorney-in-Fact 02/02/2026
** 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.

FAQ

What insider transactions did LVS report for Patrick Dumont?

Las Vegas Sands reported that President and COO Patrick Dumont had restricted stock units vest on January 29 and 30, 2026, converting into common shares. Some of the newly issued shares were simultaneously withheld to satisfy tax withholding obligations tied to these RSU vestings.

How many Las Vegas Sands RSUs vested for Patrick Dumont in January 2026?

On January 29, 2026, 37,649 restricted stock units vested and settled into common stock. On January 30, 2026, an additional 29,370 restricted stock units vested. Each unit represents a contingent right to receive one share of Las Vegas Sands common stock upon vesting.

Why were some LVS shares withheld in Patrick Dumont’s Form 4 filing?

The filing shows shares of Las Vegas Sands common stock were withheld to cover tax withholding obligations. Specifically, 11,970 shares and 11,558 shares were withheld on January 29 and January 30, 2026, respectively, in connection with the vesting of the reported restricted stock units.

What is Patrick Dumont’s LVS share ownership after these Form 4 transactions?

After the January 29–30, 2026 transactions, Patrick Dumont directly owned 490,099 shares of Las Vegas Sands common stock. This figure reflects RSU conversions into stock and shares withheld to satisfy associated tax obligations as reported in the Form 4 filing.

What do the RSU awards reported for LVS’s Patrick Dumont represent?

Each restricted stock unit represents a contingent right to receive one share of Las Vegas Sands common stock. The filing notes that the reported RSUs stem from earlier grants that vest over multiple anniversaries, with vested shares delivered to Dumont on each scheduled anniversary date.

Were Patrick Dumont’s Las Vegas Sands transactions open-market purchases or sales?

The reported transactions are RSU conversions and tax withholdings, not open-market trades. Shares were issued at a price of $0 upon vesting of restricted stock units, while separate entries show shares withheld at market-based prices solely to satisfy tax withholding obligations.
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