Melco Resorts (MLCO) legal chief receives 336,888-share equity grant

Rhea-AI Filing Summary

WINTER GRAHAM PAUL reported acquisition or exercise transactions in this Form 4 filing.

Melco Resorts & Entertainment LTD reported that Chief Legal Officer Graham Paul Winter received a grant of 336,888 ordinary shares as an equity award. These are restricted shares granted under the company’s 2021 Share Incentive Plan and are delivered only as they vest.

According to the filing, one-third of the granted shares vest 12 months from the grant date, another third vest after 24 months, and the final third after 36 months, subject to continued service and other conditions. Following this award, Winter holds 908,094 ordinary shares directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider WINTER GRAHAM PAUL

Role Chief Legal Officer

Type	Security	Shares	Price	Value
Grant/Award	Ordinary shares	336,888	$0.00	--

Holdings After Transaction: Ordinary shares — 908,094 shares (Direct, null)

Footnotes (1)

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Key Figures

Restricted share grant: 336,888 ordinary shares Transaction price: $0.0000 per share Post-transaction holdings: 908,094 ordinary shares +3 more

6 metrics

Restricted share grant 336,888 ordinary shares Grant to Chief Legal Officer on May 8, 2026

Transaction price $0.0000 per share Equity award, not open-market purchase

Post-transaction holdings 908,094 ordinary shares Shares held directly after grant

First vesting tranche One-third of grant Vests 12 months from grant date

Second vesting tranche One-third of grant Vests 24 months from grant date

Third vesting tranche One-third of grant Vests 36 months from grant date

Key Terms

restricted shares, 2021 Share Incentive Plan, vesting, grant date, +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"

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"

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"

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^*

WINTER GRAHAM PAUL

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer

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)		336,888	A	$0	908,094	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 Graham Paul Winter	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) report in this Form 4 for Graham Paul Winter?

Melco Resorts reported that Chief Legal Officer Graham Paul Winter received a grant of 336,888 restricted ordinary shares. The award was made under the company’s 2021 Share Incentive Plan and increases his directly held stake to 908,094 ordinary shares after the transaction.

How many Melco Resorts (MLCO) shares were granted to the Chief Legal Officer?

The Chief Legal Officer received a grant of 336,888 restricted ordinary shares. These shares have a stated transaction price of $0.0000 per share because they are an equity compensation award, not an open-market purchase, and will be delivered only as they vest over time.

What is the vesting schedule for Graham Paul Winter’s Melco Resorts (MLCO) restricted shares?

The restricted shares vest in three equal installments. One-third vests 12 months from the grant date, one-third vests 24 months from the grant date, and the remaining one-third vests 36 months from the grant date, subject to continued service and other specified conditions.

How many Melco Resorts (MLCO) shares does the Chief Legal Officer hold after this grant?

After the reported grant, the Chief Legal Officer holds a total of 908,094 ordinary shares directly. This figure includes the newly granted restricted shares, which will be delivered as they vest according to the schedule outlined in the company’s 2021 Share Incentive Plan.

Are the Melco Resorts (MLCO) shares in this Form 4 an open-market purchase or compensation grant?

The reported 336,888 shares are a compensation-related grant, not an open-market purchase. They are restricted shares awarded under Melco Resorts’ 2021 Share Incentive Plan, with a recorded price of $0.0000 per share and delivery tied to future vesting milestones.