Las Vegas Sands (LVS) CFO Randy Hyzak gains 20,106 shares via RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Las Vegas Sands Corp. executive Randy Hyzak, EVP & CFO, reported vesting of restricted stock units that converted into common shares. On January 29, 2026, 11,295 restricted stock units settled into the same number of common shares at a stated price of $0 per share, increasing his direct holdings to 64,794 shares. On January 30, 2026, an additional 8,811 restricted stock units converted into 8,811 common shares at $0 per share, bringing his directly owned common stock to 73,605 shares.
The derivative table shows these conversions came from prior grants of 34,226 restricted stock units made on January 29, 2024 and 25,915 restricted stock units made on January 30, 2023, each vesting over three years with shares delivered on each anniversary.
Positive
- None.
Negative
- None.
Insider Trade Summary
20,106 shares exercised/converted
Mixed
4 txns
Insider
Hyzak Randy
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 8,811 | $0.00 | -- |
| Exercise | Common Stock | 8,811 | $0.00 | -- |
| Exercise | Restricted Stock Units | 11,295 | $0.00 | -- |
| Exercise | Common Stock | 11,295 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 73,605 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. Each restricted stock unit represents a contingent right to receive one share of Common Stock. Reflects a grant of 34,226 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 25,915 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 EVP & CFO Randy Hyzak report?
Randy Hyzak reported the vesting and conversion of restricted stock units into Las Vegas Sands common stock. On January 29 and 30, 2026, a total of 20,106 restricted stock units settled into the same number of common shares at a stated price of $0 per share.
Were the Las Vegas Sands CFO’s Form 4 transactions stock sales or RSU vesting?
The transactions reflect RSU vesting and conversion, not reported open-market sales. Transaction code “M” shows restricted stock units converting into common stock at a stated price of $0 per share, consistent with equity awards settling one-for-one into Las Vegas Sands common shares upon vesting.
What are the details of Randy Hyzak’s 2023 and 2024 restricted stock unit grants at LVS?
Randy Hyzak received 25,915 restricted stock units on January 30, 2023 and 34,226 restricted stock units on January 29, 2024. Each grant vests 33% on the first and second anniversaries and 34% on the third anniversary, with vested shares scheduled for delivery on each anniversary date.
How do the reported RSU awards for LVS’s CFO vest over time?
Both RSU grants vest in three annual tranches. For each grant, 33% vests on the first anniversary, another 33% on the second, and the remaining 34% on the third anniversary, with vested units settling into Las Vegas Sands common stock delivered on each anniversary.
What does each Las Vegas Sands restricted stock unit represent in Randy Hyzak’s Form 4?
Each restricted stock unit represents a contingent right to receive one share of Las Vegas Sands common stock. Upon vesting, the units settle one-for-one into common shares, as disclosed, with the January 2026 transactions converting 20,106 restricted stock units into the same number of shares.