Las Vegas Sands insider gifts 9.0M shares
Form 4 shows large intra-family gifts of LVS shares by Adelson-related trusts, with hundreds of millions of shares still held indirectly by Adelson family members or trusts.
Rhea-AI Filing Summary
LAS VEGAS SANDS CORP (LVS) insider Miriam Adelson, a ten percent owner, reported two bona fide gift transfers of common stock on August 31, 2026. Trust RR and Trust SS, each for the benefit of Adelson family members, transferred 7,947,648 and 1,077,046 shares, respectively, for no consideration in transactions exempt under Rule 16a-13. Following these intra-family or family-trust transfers, the filing reports 331,856,639 LVS shares held indirectly by other Adelson family members or trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
9,024,694 shares gifted
Gift
3 txns
Insider
Adelson Miriam
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1, F2 | 7,947,648 | $0.00 | $0.00 |
| Gift | Common Stock F1, F2 | 1,077,046 | $0.00 | $0.00 |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Indirect, By Trust RR for the benefit of one or more members of the Adelson family);
Common Stock — 0 shares (Indirect, By Trust SS for the benefit of one or more members of the Adelson family);
Common Stock — 331,856,639 shares (Indirect, By family member or trusts for the benefit of one or more Adelson family members not reported above)
Footnotes (2)
- F1. The shares were transferred for no consideration among one or more members of or trusts for the benefit of the Adelson family.
- F2. Reflects transfers exempt pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended.
Key Figures
Shares gifted by Trust RR: 7,947,648 shares
Shares gifted by Trust SS: 1,077,046 shares
Total shares gifted: 9,024,694 shares
+2 more
5 metrics
Shares gifted by Trust RR
7,947,648 shares
Bona fide gift of LVS common stock on August 31, 2026
Shares gifted by Trust SS
1,077,046 shares
Bona fide gift of LVS common stock on August 31, 2026
Total shares gifted
9,024,694 shares
Aggregate bona fide gifts of LVS common stock by Adelson family trusts
Indirect LVS shares held by other family members or trusts
331,856,639 shares
Post-transaction indirect holdings attributed to family members or trusts
Gift transaction price
$0.00 per share
Transfers reported as for no consideration under Rule 16a-13
Key Terms
Bona fide gift, Rule 16a-13, indirect ownership, ten percent owner
4 terms
Bona fide gift regulatory
"Each transfer is coded as a bona fide gift of common stock"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Rule 16a-13 regulatory
"Reflects transfers exempt pursuant to Rule 16a-13 under the Exchange Act"
indirect ownership financial
"Shares are reported as indirectly owned by family members or trusts"
ten percent owner regulatory
"Miriam Adelson is identified as a ten percent owner of LVS"
FAQ
What insider activity did LVS report for Miriam Adelson on this Form 4?
Miriam Adelson reported two bona fide gifts of Las Vegas Sands (LVS) common stock on August 31, 2026, made through Adelson family trusts. The transfers were for no consideration and were exempt under Rule 16a-13 as intra-family or family-trust transfers.
What are Miriam Adelson’s indirect LVS holdings after these transactions?
After the reported gifts, the Form 4 shows 331,856,639 LVS shares held indirectly by family members or trusts for the benefit of Adelson family members not otherwise reported above. These holdings are reported as indirect ownership associated with the Adelson family.
Did these LVS insider transactions use a Rule 10b5-1 trading plan?
The Form 4 indicates that the Rule 10b5-1 checkbox is not affirmed, and the footnotes describe the transactions as intra-family gifts. There is no disclosure stating that these transfers were made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
