Melco Resorts (MLCO) president uses 91,830 shares to cover tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Melco Resorts & Entertainment LTD President Evan Andrew Winkler reported a tax-related share disposition in company stock. On this Form 4, 91,830 ordinary shares were delivered at a value of $1.89 per share to satisfy tax obligations. After this tax-withholding disposition, he continues to hold 2,445,576 ordinary shares directly, indicating that the transaction affected only a small portion of his overall stake and reflects a routine compensation-related event rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WINKLER EVAN ANDREW
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary shares | 91,830 | $1.89 | $174K |
Holdings After Transaction:
Ordinary shares — 2,445,576 shares (Direct)
Footnotes (1)
Key Figures
Shares delivered for tax withholding: 91,830 shares
Per-share value for tax withholding: $1.89 per share
Shares held after transaction: 2,445,576 shares
3 metrics
Shares delivered for tax withholding
91,830 shares
Non-derivative tax-withholding disposition on 2026-04-06
Per-share value for tax withholding
$1.89 per share
Value applied to 91,830 ordinary shares
Shares held after transaction
2,445,576 shares
Direct ownership following Form 4 disposition
Key Terms
tax-withholding disposition, Ordinary shares, non-derivative, Form 4
4 terms
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
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.
non-derivative financial
""transaction_type": "non-derivative""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did MLCO President Evan Andrew Winkler report?
Evan Andrew Winkler reported a tax-withholding disposition of Melco Resorts ordinary shares. He delivered 91,830 shares at $1.89 per share to cover tax obligations and still directly holds 2,445,576 ordinary shares after this compensation-related event.
What does transaction code F mean in the MLCO Form 4 filing?
Transaction code F indicates a payment of exercise price or tax liability by delivering securities. In this case, 91,830 Melco Resorts ordinary shares were delivered at $1.89 per share to satisfy tax obligations, rather than being sold in the open market.