Melco Resorts (MLCO) officer delivers 32,619 shares to cover tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Melco Resorts & Entertainment officer Akiko Takahashi reported a tax-related share disposition. On Ordinary shares were used in a tax-withholding disposition, with 32,619 shares delivered at $1.89 per share to cover obligations tied to equity compensation.
After this mechanistic transaction, Takahashi directly holds 2,074,230 Ordinary shares. She also has indirect ownership of 210,675 Ordinary shares as trustee of the Akiko Takahashi 2022 GRAT. The filing shows a routine compensation and tax event rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Takahashi Akiko
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary shares | 32,619 | $1.89 | $62K |
| holding | Ordinary shares | -- | -- | -- |
Holdings After Transaction:
Ordinary shares — 2,074,230 shares (Direct);
Ordinary shares — 210,675 shares (Indirect, As trustee of the Akiko Takahashi 2022 GRAT)
Footnotes (1)
Key Figures
Shares used for tax withholding: 32,619 shares
Tax withholding price: $1.89 per share
Direct holdings after transaction: 2,074,230 shares
+1 more
4 metrics
Shares used for tax withholding
32,619 shares
Tax-withholding disposition of Ordinary shares
Tax withholding price
$1.89 per share
Value of Ordinary shares delivered for tax liability
Direct holdings after transaction
2,074,230 shares
Ordinary shares directly owned after Form 4 event
Indirect holdings in 2022 GRAT
210,675 shares
Ordinary shares held as trustee of Akiko Takahashi 2022 GRAT
Key Terms
tax-withholding disposition, Ordinary shares, GRAT
3 terms
tax-withholding disposition financial
"were used in a tax-withholding disposition, with 32,619 shares delivered"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
GRAT financial
"indirect ownership of 210,675 Ordinary shares as trustee of the Akiko Takahashi 2022 GRAT"
FAQ
What insider transaction did MLCO officer Akiko Takahashi report?
Akiko Takahashi reported a tax-withholding disposition of Melco Resorts & Entertainment Ordinary shares. She delivered 32,619 shares at $1.89 per share to satisfy tax obligations arising from equity compensation, rather than executing an open-market sale of shares.
Was the MLCO Form 4 a tax-withholding event or an open-market sale?
The Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were delivered to cover tax liabilities related to equity compensation, as indicated by transaction code F and the description referencing payment of tax liability by delivering securities.
What indirect Melco Resorts (MLCO) holdings does Akiko Takahashi report?
The filing reports indirect ownership of 210,675 Melco Resorts & Entertainment Ordinary shares. These shares are held in a trust, with Takahashi acting as trustee of the Akiko Takahashi 2022 GRAT, providing additional indirect exposure beyond her direct shareholdings.