LVS grants 62,684 RSUs to EVP and General Counsel
Hudson D. Zachary reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Hudson D. Zachary reported acquisition or exercise transactions in this Form 4 filing.
LAS VEGAS SANDS CORP executive Hudson D. Zachary, EVP and Global General Counsel, received a grant of 62,684 Restricted Stock Units, each representing a contingent right to one share of Common Stock. These RSUs were awarded at no cash cost to him as part of equity compensation.
The RSUs vest over three years: 33% on March 2, 2027, 33% on March 2, 2028, and 34% on March 2, 2029, with vested shares scheduled to be delivered on each vesting date. Following this award, Zachary holds 62,684 RSUs directly.
Insider Trade Summary
Grant/Award: 62,684 shares
Grant/Award
1 txn
Insider
Hudson D. Zachary
Role
EVP and Global General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 62,684 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 62,684 contracts (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Common Stock.
- F2. The restricted stock units vest as to 33% on March 2, 2027, 33% on March 2, 2028 and 34% on March 2, 2029. Vested shares are scheduled to be delivered to the reporting person on each such date.
Key Figures
RSUs granted: 62,684 units
Underlying common shares: 62,684 shares
Vesting tranche 1: 33% of RSUs
+5 more
8 metrics
RSUs granted
62,684 units
Restricted Stock Units granted to EVP and Global General Counsel
Underlying common shares
62,684 shares
Each RSU represents one share of Common Stock
Vesting tranche 1
33% of RSUs
Vests on March 2, 2027
Vesting tranche 2
33% of RSUs
Vests on March 2, 2028
Vesting tranche 3
34% of RSUs
Vests on March 2, 2029
Shares following transaction
62,684 RSUs
Total Restricted Stock Units held directly after grant
Grant price
$0.0000 per unit
RSUs awarded as compensation, no cash exercise price
Transaction date
April 27, 2026
Date of RSU award reported on Form 4
Key Terms
Restricted Stock Units, contingent right, vesting, Common Stock, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"represents a contingent right to receive one share of Common Stock"
vesting financial
"The restricted stock units vest as to 33% on March 2, 2027, 33% on March 2, 2028"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Common Stock financial
"one share of Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did LVS executive Hudson D. Zachary report on this Form 4?
Hudson D. Zachary reported receiving 62,684 Restricted Stock Units in LAS VEGAS SANDS CORP. These RSUs are a stock-based compensation award that convert into Common Stock as they vest over a three-year schedule.
How many Restricted Stock Units did Hudson D. Zachary receive from LVS?
He received 62,684 Restricted Stock Units, each equal to one share of Common Stock. This entire amount is shown as directly owned following the transaction, reflecting a new equity-based compensation position for the executive.
What is the vesting schedule for Hudson D. Zachary’s LVS RSUs?
The RSUs vest 33% on March 2, 2027, 33% on March 2, 2028, and 34% on March 2, 2029. Shares are scheduled to be delivered to him on each corresponding vesting date, aligning compensation with a multi-year timeframe.
Does the LVS RSU grant to Hudson D. Zachary involve a purchase price?
No, the RSU grant shows a transaction price of $0.0000 per unit, indicating a compensation award rather than a market purchase. He receives shares upon vesting without paying a cash exercise or purchase price for the units.
What position does Hudson D. Zachary hold at LAS VEGAS SANDS (LVS)?
Hudson D. Zachary is Executive Vice President and Global General Counsel at LAS VEGAS SANDS CORP. The reported 62,684 RSU grant reflects stock-based compensation tied to his senior leadership role and long-term alignment with shareholders.
AI-generated analysis. How Rhea-AI works. Not financial advice.
