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Melco Resorts (NASDAQ: MLCO) director receives 97,767 restricted shares award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

TSUI YIU WA ALEC reported acquisition or exercise transactions in this Form 4 filing.

Melco Resorts & Entertainment LTD director Alec Tsui received a grant of 97,767 restricted ordinary shares as equity compensation at $0.00 per share. These shares were granted under the company’s 2021 Share Incentive Plan and vest in three equal installments after 12, 24, and 36 months, subject to continued service. Following this award, he directly holds 682,862 ordinary shares.

Positive

  • None.

Negative

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Insider TSUI YIU WA ALEC
Role null
Type Security Shares Price Value
Grant/Award Ordinary shares 97,767 $0.00 --
Holdings After Transaction: Ordinary shares — 682,862 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted shares granted 97,767 shares Equity award on 2026-05-08 under 2021 Share Incentive Plan
Grant price $0.00 per share Compensation grant of ordinary shares
Shares held after transaction 682,862 shares Director’s direct ownership following the award
First vesting tranche One-third of 97,767 shares Vests 12 months from grant date, subject to continued service
Second vesting tranche One-third of 97,767 shares Vests 24 months from grant date, subject to continued service
Third vesting tranche One-third of 97,767 shares Vests 36 months from grant date, subject to continued service
restricted shares financial
"Consists of restricted shares granted to the Reporting Person pursuant to the Company's 2021 Share Incentive Plan"
Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.
2021 Share Incentive Plan financial
"granted to the Reporting Person pursuant to the Company's 2021 Share Incentive Plan"
vesting financial
"which are delivered on vesting of the shares"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
grant date financial
"one-third vest 12 months from the grant date, one-third vest 24 months from the grant date"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
continued service financial
"conditioned on, inter alia, continued service through the applicable vesting date"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
TSUI YIU WA ALEC

(Last)(First)(Middle)
C/O MELCO RESORTS & ENTERTAINMENT
LIMITED 71 ROBINSON ROAD #04-03

(Street)
SINGAPORESINGAPORE068895

(City)(State)(Zip)

SINGAPORE

(Country)
2. Issuer Name and Ticker or Trading Symbol
Melco Resorts & Entertainment LTD [ MLCO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary shares05/08/2026A(1)97,767A$0682,862D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Consists of restricted shares granted to the Reporting Person pursuant to the Company's 2021 Share Incentive Plan, which are delivered on vesting of the shares. Of such shares, one-third vest 12 months from the grant date, one-third vest 24 months from the grant date, and one-third vest 36 months from the grant date, conditioned on, inter alia, continued service through the applicable vesting date.
/s/ Tim Y. Sung, attorney-in-fact for Alec Y.W. Tsui05/12/2026
** Signature of Reporting PersonDate
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 4 (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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Melco Resorts (MLCO) director Alec Tsui report on this Form 4?

Director Alec Tsui reported receiving 97,767 restricted ordinary shares as an equity award. The grant was made at $0.00 per share under Melco Resorts’ 2021 Share Incentive Plan, increasing his direct holdings to 682,862 ordinary shares after the transaction.

Is the Melco Resorts (MLCO) Form 4 transaction a stock purchase or sale?

The Form 4 transaction is an equity award, not a market purchase or sale. Tsui acquired 97,767 restricted shares at $0.00 per share as compensation, granted under the company’s 2021 Share Incentive Plan, subject to future vesting conditions.

How do the granted Melco Resorts (MLCO) shares vest for director Alec Tsui?

The 97,767 restricted shares vest in three equal parts over time. One-third vests 12 months from grant, another third at 24 months, and the final third at 36 months, conditioned on continued service through each applicable vesting date.

How many Melco Resorts (MLCO) shares does Alec Tsui hold after this award?

After the reported grant, Alec Tsui directly holds 682,862 ordinary shares of Melco Resorts. This total includes the newly granted 97,767 restricted shares, which will vest in stages over 12, 24, and 36 months under the company’s 2021 Share Incentive Plan.

What plan governs the restricted share grant reported for Melco Resorts (MLCO)?

The restricted share grant was issued under Melco Resorts’ 2021 Share Incentive Plan. This plan delivers restricted shares upon vesting and requires, among other conditions, that the recipient maintain continued service through each vesting date over the three-year schedule.