Melco Resorts executive reports sizable share, option stake

Melco Resorts & Entertainment Limited executive Akiko Takahashi has filed an initial ownership report showing substantial equity and option holdings.

Accepted by SEC EDGAR 03/17/2026 - 06:11 AM EDT

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Form Type

Rhea-AI Filing Summary

Melco Resorts & Entertainment Limited executive Akiko Takahashi has filed an initial ownership report showing substantial equity and option holdings. She directly holds 2,106,849 ordinary shares, including 418,047 restricted shares granted under the 2021 Share Incentive Plan that deliver on vesting, subject to continued service. She also indirectly holds 210,675 ordinary shares as trustee of the Akiko Takahashi 2022 GRAT.

In addition, she holds options over 1,304,199 ordinary shares at an exercise price of US$2.4667 per share that are fully vested, expiring on April 5, 2032. She has options over 417,879 ordinary shares at US$2.52 per share, expiring on April 2, 2034, with portions vesting in 2026 and 2027. A further 596,682 options at US$1.7767 per share expire on April 1, 2035, with scheduled vesting from 2026 through 2028.

Insider Trade Summary

Holdings reported, no transactions

Holdings

Insider Takahashi Akiko

Role See Note

Type	Security	Shares	Price	Value
Holding	Option (Right to Buy)	--	--	--
Holding	Option (Right to Buy)	--	--	--
Holding	Option (Right to Buy)	--	--	--
Holding	Ordinary shares, par value US$0.01 per ordinary share	--	--	--
Holding	Ordinary shares, par value US$0.01 per ordinary share	--	--	--

Holdings: Option (Right to Buy) — 2,318,760 contracts (Direct); Ordinary shares, par value US$0.01 per ordinary share — 2,106,849 shares (Direct); Ordinary shares, par value US$0.01 per ordinary share — 210,675 shares (Indirect, As trustee of the Akiko Takahashi 2022 GRAT)

Footnotes (4)

F1. Includes 418,047 restricted shares, par value US$0.01 per share, of Melco Resorts & Entertainment Limited (the "Company") granted to the reporting person pursuant to the Company's 2021 Share Incentive Plan, which are delivered on vesting of the shares. Vesting is conditioned on, inter alia, continued service through the applicable vesting date.
F2. The Options were granted under the 2021 Share Incentive Plan and are fully vested.
F3. The Options were granted under the 2021 Share Incentive Plan with 139,290 options fully vested, 139,290 options vesting on April 3, 2026 and 139,290 options vesting on April 3, 2027.
F4. The Options were granted under the 2021 Share Incentive Plan with 198,894 options vesting on April 2, 2026, 198,894 options vesting on April 2, 2027 and 198,894 options vesting on April 2, 2028.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Akiko Takahashi’s Form 3 for Melco Resorts (MLCO) report?

The Form 3 reports Akiko Takahashi’s initial ownership in Melco Resorts. It shows significant direct and indirect ordinary share holdings plus multiple option grants under the 2021 Share Incentive Plan, including fully vested options and options that vest over future dates.

How many Melco Resorts (MLCO) ordinary shares does Akiko Takahashi hold directly and indirectly?

She directly holds 2,106,849 ordinary shares, including restricted shares. She also indirectly holds 210,675 ordinary shares as trustee of the Akiko Takahashi 2022 GRAT, reflecting equity exposure both personally and through a grantor retained annuity trust structure.

What option awards are disclosed for Akiko Takahashi in the Melco Resorts (MLCO) filing?

The filing lists three option positions over 1,304,199, 417,879 and 596,682 ordinary shares. Exercise prices are US$2.4667, US$2.52 and US$1.7767, respectively, with expiration dates between April 2032 and April 2035 and vesting schedules detailed in the footnotes.

Are Akiko Takahashi’s options in Melco Resorts (MLCO) already vested?

One option grant over 1,304,199 shares is fully vested. The other two grants vest in tranches across 2026, 2027 and 2028, as described in the footnotes to the filing, with all options issued under the 2021 Share Incentive Plan.

What are the key vesting conditions on Akiko Takahashi’s Melco Resorts (MLCO) restricted shares?

The restricted shares were granted under the 2021 Share Incentive Plan and are delivered upon vesting. Vesting is conditioned, among other factors, on continued service through the applicable vesting dates, aligning equity delivery with ongoing employment obligations.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Takahashi Akiko

(Last)

(First)

(Middle)

C/O MELCO RESORTS & ENTERTAINMENT

LIMITED 71 ROBINSON ROAD #04-03

(Street)

SINGAPORE

068895

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026

3. Issuer Name and Ticker or Trading Symbol
Melco Resorts & Entertainment LTD [ MLCO ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	See Note

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary shares, par value US$0.01 per ordinary share	2,106,849⁽¹⁾	D
Ordinary shares, par value US$0.01 per ordinary share	210,675	I	As trustee of the Akiko Takahashi 2022 GRAT

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Option (Right to Buy)	⁽²⁾	04/05/2032	Ordinary Shares	1,304,199	$2.4667	D
Option (Right to Buy)	⁽³⁾	04/02/2034	Ordinary Shares	417,879	$2.52	D
Option (Right to Buy)	⁽⁴⁾	04/01/2035	Ordinary Shares	596,682	$1.7767	D

Explanation of Responses:

1. Includes 418,047 restricted shares, par value US$0.01 per share, of Melco Resorts & Entertainment Limited (the "Company") granted to the reporting person pursuant to the Company's 2021 Share Incentive Plan, which are delivered on vesting of the shares. Vesting is conditioned on, inter alia, continued service through the applicable vesting date.

2. The Options were granted under the 2021 Share Incentive Plan and are fully vested.

3. The Options were granted under the 2021 Share Incentive Plan with 139,290 options fully vested, 139,290 options vesting on April 3, 2026 and 139,290 options vesting on April 3, 2027.

4. The Options were granted under the 2021 Share Incentive Plan with 198,894 options vesting on April 2, 2026, 198,894 options vesting on April 2, 2027 and 198,894 options vesting on April 2, 2028.

Remarks:

Exhibit 24 - Power of Attorney Note Chief of Staff to Chairman and Chief Executive Officer

	/s/ Tim Y. Sung, attorney-in-fact for Akiko Takahashi	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR