Melco Resorts (MLCO) director TSUI YIU WA ALEC reports 585,093 shares on Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Melco Resorts & Entertainment LTD director TSUI YIU WA ALEC has filed an initial ownership report showing his equity stake in the company. The Form 3 indicates direct ownership of 585,093 ordinary shares. This total includes 136,230 restricted shares granted under the company’s 2021 Share Incentive Plan that vest over time, subject to continued service and other conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
TSUI YIU WA ALEC
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary shares, par value US$0.01 per ordinary share | -- | -- | -- |
Holdings After Transaction:
Ordinary shares, par value US$0.01 per ordinary share — 585,093 shares (Direct)
Footnotes (1)
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FAQ
What does the MLCO Form 3 filing by TSUI YIU WA ALEC show?
The Form 3 shows director TSUI YIU WA ALEC’s initial ownership in Melco Resorts & Entertainment LTD, reporting 585,093 ordinary shares held directly, including a significant block of restricted shares subject to vesting conditions under the 2021 Share Incentive Plan.
Does the MLCO Form 3 filing report any recent buy or sell transactions?
The Form 3 does not report any recent purchases or sales. It is an initial ownership statement that establishes TSUI YIU WA ALEC’s starting position in Melco Resorts & Entertainment LTD, rather than documenting new trading activity in the company’s shares.