Melco Resorts (MLCO) director Clarence Chung awarded 328K restricted shares

Rhea-AI Filing Summary

Chung Clarence YM reported acquisition or exercise transactions in this Form 4 filing.

Melco Resorts & Entertainment LTD director Clarence Chung received 328,212 restricted ordinary shares as an equity award. These shares were granted at no cash cost under the company’s 2021 Share Incentive Plan. One-third of the award vests after 12, 24, and 36 months from the grant date, subject to continued service. Following this grant, Chung directly holds 1,375,054 ordinary shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Chung Clarence YM

Role null

Type	Security	Shares	Price	Value
Grant/Award	Ordinary shares	328,212	$0.00	--

Holdings After Transaction: Ordinary shares — 1,375,054 shares (Direct, null)

Footnotes (1)

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Key Figures

Restricted shares granted: 328,212 shares Price per granted share: $0.0000 per share Post-transaction holdings: 1,375,054 shares +3 more

6 metrics

Restricted shares granted 328,212 shares Equity award on 2026-05-08 under 2021 Share Incentive Plan

Price per granted share $0.0000 per share Grant price indicates compensation, not market purchase

Post-transaction holdings 1,375,054 shares Ordinary shares directly owned after the grant

Initial vesting tranche 1/3 of award Vests 12 months from the grant date, subject to service

Second vesting tranche 1/3 of award Vests 24 months from the grant date, subject to service

Final vesting tranche 1/3 of award Vests 36 months from the grant date, subject to service

Key Terms

restricted shares, 2021 Share Incentive Plan, Grant, award, or other acquisition, vesting, +1 more

5 terms

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"

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

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.

continued service financial

"conditioned on, inter alia, continued service through the applicable vesting date"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Chung Clarence YM

(Last) (First) (Middle)

C/O MELCO RESORTS & ENTERTAINMENT

LIMITED 71 ROBINSON ROAD #04-03

(Street)

SINGAPORE SINGAPORE 068895

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Ordinary shares	05/08/2026		A(1)		328,212	A	$0	1,375,054	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 Clarence Y.M. Chung	05/12/2026
	** 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 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 Clarence Chung report on this Form 4?

Clarence Chung reported receiving 328,212 restricted ordinary shares of Melco Resorts as an equity award. The shares were granted under the 2021 Share Incentive Plan and involve no cash purchase, reflecting compensation rather than an open-market transaction or sale.

How many Melco Resorts (MLCO) shares does Clarence Chung hold after this grant?

After the restricted share grant, Clarence Chung directly holds 1,375,054 ordinary shares of Melco Resorts. This total includes the newly awarded 328,212 restricted shares, which will vest over time, and represents his direct ownership position reported in the filing.

What are the vesting terms of Clarence Chung’s Melco Resorts (MLCO) restricted shares?

The 328,212 restricted shares vest in three equal installments over 36 months. One-third vests 12 months from the grant date, another third at 24 months, and the final third at 36 months, all conditioned on continued service through each vesting date.

Was cash paid for the Melco Resorts (MLCO) shares reported by Clarence Chung?

No cash was paid for these shares; the reported price per share is 0.0000. The 328,212 ordinary shares were granted as a restricted stock award under the company’s 2021 Share Incentive Plan, reflecting equity compensation rather than a market purchase.

Is Clarence Chung’s Melco Resorts (MLCO) transaction a buy or a grant?

The transaction is classified as a grant or award acquisition, not an open-market buy. It is coded as a Form 4 “A” transaction, representing restricted shares granted as compensation under the 2021 Share Incentive Plan, with vesting over three years.