LAS VEGAS SANDS CORP Insider Trading Activity

Las Vegas Sands Corp. reported stock transactions by its EVP & CFO following option exercises.

Accepted by SEC EDGAR 11/28/2025 - 07:17 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Las Vegas Sands Corp. reported stock transactions by its EVP & CFO following option exercises. On November 25, 2025, the executive exercised options to buy 21,910 shares of common stock at $58.81 per share and separately exercised options for 35,635 shares at $59.89 per share. On the same day, he sold 21,910 shares at a weighted average price of about $66.44 and 35,635 shares at a weighted average price of about $66.45, in multiple trades within narrow price ranges. After these transactions, he directly owned 53,499 shares of Las Vegas Sands common stock.

Insider Trade Summary

Exercise and Sale: 57,545 shares ($401K approx. pre-tax spread)

Exercise and Sale 6 txns

Insider Hyzak Randy

Role EVP & CFO

Sold 57,545 shs ($3.82M)

Approx. gross sale proceeds $3.82M

Approx. exercise cost $3.42M

Approx. pre-tax spread $401K

Share of Position Sold 51.8%

Type	Security	Shares	Price	Value
Exercise	Option (Right to Buy)	21,910	$0.00	$0.00
Exercise	Option (Right to Buy)	35,635	$0.00	$0.00
Exercise	Common Stock	21,910	$58.81	$1.29M
Sale	Common Stock	21,910	$66.44	$1.46M
Exercise	Common Stock	35,635	$59.89	$2.13M
Sale	Common Stock	35,635	$66.45	$2.37M

Holdings After Transaction: Option (Right to Buy) — 0 contracts (Direct); Common Stock — 53,499 shares (Direct)

Holdings Before and After: Option (Right to Buy), 57,545 to 0 contracts (Direct); Common Stock, 53,499 to 53,499 shares (Direct)

Other Insiders: 2 other insiders reported open-market sales of this stock in the 30 days up to this filing.

Footnotes (4)

1. F1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $66.36 to $66.56, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
2. F2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $66.44 to $66.49, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
3. F3. The options vested in three equal annual installments beginning on October 4, 2017.
4. F4. The options vested in three equal annual installments beginning on February 1, 2020.

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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^*

Hyzak Randy

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
11/25/2025

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	11/25/2025		M		21,910	A	$58.81	75,409	D
Common Stock	11/25/2025		S		21,910	D	$66.44(1)	53,499	D
Common Stock	11/25/2025		M		35,635	A	$59.89	89,134	D
Common Stock	11/25/2025		S		35,635	D	$66.45(2)	53,499	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
Option (Right to Buy)	$58.81	11/25/2025		M			21,910	(3)	10/03/2026	Common Stock	21,910	$0	0	D
Option (Right to Buy)	$59.89	11/25/2025		M			35,635	(4)	01/31/2029	Common Stock	35,635	$0	0	D

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $66.36 to $66.56, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $66.44 to $66.49, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

3. The options vested in three equal annual installments beginning on October 4, 2017.

4. The options vested in three equal annual installments beginning on February 1, 2020.

Remarks:

In addition to the options exercised and the underlying shares sold on November 25, 2025, Mr. Hyzak holds options to purchase 614,337 shares that are vested and 74,274 restricted stock units that are unvested.

	/s/ Judy Tomkins, Attorney-in-Fact	11/28/2025
	** 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).
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