Las Vegas Sands (NYSE: LVS) CEO reports vesting of restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Las Vegas Sands Corp. Chairman and CEO Robert G. Goldstein reported the vesting of previously granted restricted stock units into common shares. On January 29, 2026, 73,415 restricted stock units converted into 73,415 shares of common stock at a stated price of $0 per share. On January 30, 2026, a further 57,273 restricted stock units converted into 57,273 common shares, also at $0 per share.
The units vest under earlier grants made in January 2023 and January 2024, each structured to vest in stages over three years. Following these transactions, Goldstein directly beneficially owned 130,688 shares of Las Vegas Sands common stock and indirectly held 129,005 shares through The Robert and Sheryl Goldstein Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
130,688 shares exercised/converted
Mixed
5 txns
Insider
Goldstein Robert G
Role
Chairman & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 57,273 | $0.00 | -- |
| Exercise | Common Stock | 57,273 | $0.00 | -- |
| Exercise | Restricted Stock Units | 73,415 | $0.00 | -- |
| Exercise | Common Stock | 73,415 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 130,688 shares (Direct);
Common Stock — 129,005 shares (Indirect, By The Robert and Sheryl Goldstein Trust)
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 222,470 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 168,451 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 activity did Las Vegas Sands (LVS) disclose in this Form 4?
Las Vegas Sands disclosed that Chairman and CEO Robert G. Goldstein had restricted stock units vest into common stock. Two sets of units converted into 73,415 and 57,273 common shares, respectively, at a stated price of $0 per share under prior equity grants.
What is the nature of the CEO’s indirect ownership in Las Vegas Sands (LVS)?
In addition to directly held shares, Robert G. Goldstein has indirect beneficial ownership of 129,005 Las Vegas Sands common shares. These shares are reported as being held by The Robert and Sheryl Goldstein Trust, as shown in the Form 4’s ownership disclosure.
Do the reported Las Vegas Sands (LVS) transactions involve restricted stock units?
Yes. The filing shows restricted stock units converting into Las Vegas Sands common stock on a one-for-one basis. Footnotes explain that each restricted stock unit represents a contingent right to receive one share of common stock when the applicable vesting conditions are satisfied.