Welcome to our dedicated page for Las Vegas Snds SEC filings (Ticker: LVS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Las Vegas Sands Corp. filings document operating results, capital structure, governance, and material events for a Nevada-based integrated resort operator with common stock listed on the New York Stock Exchange under LVS. The company's 8-K reports furnish quarterly results and non-GAAP measures such as adjusted net income, adjusted earnings per diluted share, and consolidated adjusted property EBITDA.
Regulatory disclosures also cover material agreements, executive appointments, employment agreements, insider and ownership-related events, and capital-structure matters. Proxy filings describe board matters, executive compensation, shareholder voting items, and governance practices for the parent company and its public-company reporting obligations.
Las Vegas Sands Corp. is asking stockholders to vote at its virtual 2026 annual meeting on May 14, 2026 to elect eight directors, ratify its independent auditor, and approve an advisory vote on executive compensation. Only stockholders of record as of March 16, 2026 may vote.
The proxy highlights strong 2025 performance at Marina Bay Sands, where Adjusted Property EBITDA rose 42% year-over-year to $2.92 billion, a record for the Singapore operations. The company began construction on an approximately $8.0 billion Marina Bay Sands expansion and completed major investments at The Londoner Macao, while returning $2.25 billion via share repurchases and $694 million in dividends, and buying $483 million of Sands China Ltd. stock.
The board details an extensive ESG and corporate responsibility program, including a 54% reduction in Scope 1 and 2 emissions versus a 2018 baseline and cumulative $272 million invested in workforce development from 2021-2025. Governance features include fully independent key committees, anti-hedging and anti-short-sale policies, and no poison pill.
The Compensation Committee describes a major 2026 overhaul of executive pay: higher at-risk and equity-based compensation, new performance stock units with three-year metrics, broader financial and operational measures, elimination of income tax gross-ups, and newly adopted stock ownership requirements (8x base salary for the CEO, 3x for other executives, 5x board retainer for non-employee directors). The filing notes the company is a controlled company, with Adelson family interests beneficially owning about 58.2% of outstanding common stock.
Las Vegas Sands Corp ownership disclosure: The Vanguard Group filed Amendment No. 2 to a Schedule 13G/A reporting 0 shares beneficially owned of Las Vegas Sands Corp common stock as of the amendment. The filing states this follows an internal realignment effective January 12, 2026 that disaggregated certain subsidiaries' holdings from The Vanguard Group.
The filing is signed by Ashley Grim, Head of Global Fund Administration, dated 03/27/2026, and affirms The Vanguard Group and related managed accounts have no sole or shared voting or dispositive power over the reported shares.
Las Vegas Sands Chairman and CEO Patrick Dumont exercised options to acquire 61,740 shares of common stock at an exercise price of $52.53 per share. On the same day, he sold 60,165 shares of common stock in open-market transactions at a weighted average price of $54.75 per share, with individual trade prices ranging from $54.73 to $54.82. The transactions reflect an exercise-and-sell pattern in which Dumont ultimately increased his direct holdings to 511,942 shares of common stock.
Las Vegas Sands Corp. approved new long-term employment agreements for three senior executives. Patrick Dumont, already appointed Chairman, Chief Executive Officer, President and Treasurer effective March 1, 2026, entered into a new contract effective March 2, 2026 through March 2, 2031. His agreement provides a base salary of $2,500,000, a target annual cash bonus equal to 250% of base salary and a target annual equity award equal to 725% of base salary, plus security services and Company-owned aircraft usage for business and personal travel, and optional first class commercial travel and hotel accommodations for business trips.
New agreements for Executive Vice President and Chief Financial Officer Randy Hyzak and Executive Vice President, Global General Counsel and Secretary D. Zachary Hudson are effective for the same term. Hyzak’s package includes a $1,350,000 base salary, a target annual cash incentive equal to 200% of base salary and a target annual equity award equal to 250% of base salary. Hudson’s agreement provides a $1,600,000 base salary, a target annual cash incentive equal to 200% of base salary and a target annual equity award equal to 425% of base salary.
The agreements describe separation benefits for terminations without cause, for good reason, or in connection with a change of control, generally based on one or two times base salary plus target bonus, along with continued benefits for one or two years, and payments for death or disability equal to one times base salary and any unpaid prior-year bonus. All include one-year non-competition and non-solicitation covenants and perpetual confidentiality obligations.
Las Vegas Sands Chairman and CEO Robert G. Goldstein reported the automatic conversion of previously granted restricted stock units into common shares on March 1, 2026. The Form 4 shows several blocks of RSUs vesting and settling at $0.00 per share, including 189,252 restricted stock units and a corresponding 189,252 common shares. Footnotes explain these awards were accelerated and deemed earned in connection with his transition to the role of Senior Advisor. The filing also lists 324,860 common shares held indirectly by The Robert and Sheryl Goldstein Trust.
Las Vegas Sands Corp. announced a planned leadership transition in which Patrick Dumont will become chairman, chief executive officer, president and treasurer effective March 1, 2026. He succeeds Robert G. Goldstein, who will move to a senior advisor role through March 2028, providing continuity at the company.
Dumont has been president and chief operating officer since 2021 and has held senior finance and strategy roles at the company since 2010. He will also become chairman of Sands China Ltd. and chairman of its nomination committee on March 1, 2026. The company noted that no compensation decisions related to his promotion have been made.
The filing highlights that Dumont is the son-in-law of Dr. Miriam Adelson, whose family-related entities control more than 50 percent of the company’s voting power, underscoring ongoing family influence over Las Vegas Sands’ governance.
Las Vegas Sands Corp. Chairman & CEO Robert G. Goldstein reported internal transfers of common stock involving The Robert and Sheryl Goldstein Trust. On February 5, 2026, 130,688 shares moved from his direct ownership to indirect ownership by the trust, leaving 65,167 shares held directly and 259,693 shares held indirectly.
On February 6, 2026, a further 65,167 shares transferred from direct to the trust, resulting in 0 shares held directly and 324,860 shares held indirectly by the trust. All transactions were coded "G" and reported at a price of $0 per share, indicating non-market transfers rather than open‑market trades.
Las Vegas Sands Corp. operates large-scale integrated resort properties in Macao and Singapore focused on higher-margin mass market gaming, premium mass, and substantial non-gaming amenities such as hotels, retail malls, restaurants, meetings, incentives, conventions and exhibitions (MICE), and entertainment. Through a 74.80% stake in Sands China Ltd., it runs multiple Cotai Strip resorts including The Venetian Macao, The Londoner Macao, The Parisian Macao, The Plaza Macao and Four Seasons Macao, and Sands Macao, while in Singapore it owns Marina Bay Sands, a major tourism and business hub.
The company emphasizes ESG initiatives via its Sands ECO360 sustainability program and extensive human capital investments for approximately 41,500 employees. It is executing a mandated Macao Investment Plan of at least 35.84 billion patacas by 2032 and an approximately $8.0 billion Marina Bay Sands expansion with new hotel, premium gaming, convention space and a 15,000-seat arena. Key risks highlighted include economic downturns, travel disruptions, climate and natural disaster exposure, heavy regulatory oversight in Macao and Singapore, dependence on two markets for cash flow, significant debt obligations and evolving legal and geopolitical risks tied to operating in Macao, Hong Kong, Singapore and mainland China.
Las Vegas Sands Corp. Chairman and CEO Robert G. Goldstein increased his direct shareholdings through equity compensation. On February 3, 2026, 65,167 restricted stock units vested and settled into 65,167 shares of common stock at a per-share price of $0. Following this settlement, he held 195,855 shares of common stock directly and 129,005 shares indirectly through The Robert and Sheryl Goldstein Trust. He also continued to hold 132,306 restricted stock units, each representing a contingent right to receive one share of common stock, from a grant of 197,473 units made on February 3, 2025 that vests over three years.