Melco Resorts & Entertainment LTD Insider Trading Activity
DAVIS GEOFFREY STUART reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
DAVIS GEOFFREY STUART reported acquisition or exercise transactions in this Form 4 filing.
Melco Resorts & Entertainment LTD Chief Financial Officer Geoffrey Stuart Davis received a grant of 1,040,499 ordinary shares as restricted stock compensation. The award was made at no cash cost per share under the company’s 2021 Share Incentive Plan and is structured to vest over time.
According to the terms, one-third of these restricted shares vest 12 months from the grant date, another third vest after 24 months, and the final third vest after 36 months, each tranche conditioned on continued service through the applicable vesting date. After this grant, Davis holds 4,326,690 ordinary shares directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary shares | 1,040,499 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.