Melco (MLCO) files Form 144 to sell 390,000 shares via Citigroup

Rhea-AI Filing Summary

Form 144 filing for Melco Resorts & Entertainment Limited (MLCO) reports a proposed sale of 390,000 ordinary shares through Citigroup Global Markets with an aggregate market value of $3,798,600. The filing states the shares were acquired on 03/31/2023 as an award under the issuer stock incentive plan from Melco Resorts and Entertainment Limited and the approximate sale date is listed as 09/05/2025. The filing indicates no securities sold by the filer in the past three months and includes the standard representation that the seller is not aware of undisclosed material adverse information about the issuer.

Positive

• Clear compliance with Rule 144: the filing provides broker, share count, aggregate value and acquisition details.
• No sales in prior three months: the filer reports "Nothing to Report" for securities sold during the past 3 months.

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine Rule 144 notification of an insider award being registered for sale; size appears administrative rather than market-moving.

The Form 144 documents a proposed sale of 390,000 ordinary shares via Citigroup Global Markets with an aggregate value of $3,798,600, acquired as a stock incentive award on 03/31/2023. The filing shows no sales in the prior three months, suggesting this notice is a permitted disposition under Rule 144 rather than evidence of ongoing selling. Given the issuer's reported outstanding share count of 1,276,540,382, the block represents a small fraction of total shares outstanding. This appears to be a routine compliance disclosure; the filing itself contains no financial performance data or new operational developments.

Corporate Governance Expert

TL;DR: Disclosure aligns with insider reporting requirements; includes the required attestation about non-public material information.

The notice records the nature of acquisition as an award under the issuer stock incentive plan and identifies the broker and approximate sale date. The filer signs the standard attestation regarding material non-public information and 10b5-1 plan language, but no plan adoption date is provided. The document is procedural, fulfilling SEC Rule 144 notice obligations, and contains no indications of governance disputes or control changes.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
ORDINARY SHARES	CITIGROUP GLOBAL MARKETS 390 GREENWICH ST NEW YORK NY 10013	390000	3798600.00	1276540382	09/05/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
ORDINARY SHARES	03/31/2023	AWARD UNDER ISSUER STOCK INCENTIVE PLAN	MELCO RESORTS AND ENTERTAINMENT LIMITED			390000	09/05/2025	NA

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the MLCO Form 144 disclose about the proposed sale?

The filing discloses a proposed sale of 390,000 ordinary shares via Citigroup Global Markets with an aggregate market value of $3,798,600 and an approximate sale date of 09/05/2025.

When and how were the shares being sold acquired for MLCO?

The shares were acquired on 03/31/2023 as an award under the issuer's stock incentive plan from Melco Resorts and Entertainment Limited.

Does the MLCO filing report any sales in the past three months?

No. The filing states "Nothing to Report" for securities sold during the past three months.

Which broker is handling the proposed sale in the MLCO Form 144?

Citigroup Global Markets, 390 Greenwich St, New York, NY 10013, is named as the broker.

What attestation does the filer make in the Form 144?

The filer represents they do not know any material adverse information regarding the issuer that has not been publicly disclosed and references the 10b5-1 plan language.