Melco CFO reports tax-withholding share disposition
Melco Resorts & Entertainment LTD’s Chief Financial Officer Geoffrey Stuart Davis reported a tax-related share disposition.
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Rhea-AI Filing Summary
Melco Resorts & Entertainment LTD’s Chief Financial Officer Geoffrey Stuart Davis reported a tax-related share disposition. He delivered 55,512 ordinary shares at a value of $1.93 per share to satisfy tax obligations, rather than selling them in the open market. After this tax-withholding disposition, he directly holds 4,271,178 ordinary shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary shares | 55,512 | $1.93 | $107K |
Key Figures
Key Terms
tax-withholding disposition financial
transaction code F regulatory
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Melco Resorts (MLCO) report for Geoffrey Davis?
Was the Melco Resorts (MLCO) insider transaction an open-market sale?
What is the transaction code used in the Melco Resorts (MLCO) Form 4?
Does the Melco Resorts (MLCO) Form 4 show multiple insider trades?
AI-generated analysis. How Rhea-AI works. Not financial advice.