Melco Resorts (MLCO) grants director 97,767 restricted ordinary shares

Rhea-AI Filing Summary

Wang John Peter Ben reported acquisition or exercise transactions in this Form 4 filing.

Melco Resorts & Entertainment LTD director John Peter Ben Wang received an equity award of restricted ordinary shares. He was granted 97,767 restricted shares at no purchase price under the company’s 2021 Share Incentive Plan. These shares vest in three equal installments 12, 24, and 36 months from the grant date, subject to continued service. Following this grant, Wang holds 104,715 ordinary shares directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Wang John Peter Ben

Role null

Type	Security	Shares	Price	Value
Grant/Award	Ordinary shares	97,767	$0.00	--

Holdings After Transaction: Ordinary shares — 104,715 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Restricted shares granted: 97,767 shares Transaction price per share: $0.0000 per share Shares held after transaction: 104,715 shares +3 more

6 metrics

Restricted shares granted 97,767 shares Grant of restricted ordinary shares on 2026-05-08

Transaction price per share $0.0000 per share Grant/award acquisition, no purchase price

Shares held after transaction 104,715 shares Total direct ordinary shares following grant

First vesting tranche One-third of 97,767 shares Vests 12 months from grant date, continued service required

Second vesting tranche One-third of 97,767 shares Vests 24 months from grant date, continued service required

Third vesting tranche One-third of 97,767 shares Vests 36 months from grant date, continued service required

Key Terms

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

4 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, one-third vest 24 months"

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.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 05/12/2026 - 06:21 AM Accepted by SEC EDGAR 05/12/2026 - 06:21 AM Learn about SEC filing dates

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^*

Wang John Peter Ben

(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)		97,767	A	$0	104,715	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 John Peter Ben Wang	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 John Peter Ben Wang report in this Form 4?

John Peter Ben Wang reported a grant of 97,767 restricted ordinary shares. The award was made under Melco Resorts’ 2021 Share Incentive Plan and increased his direct holdings to 104,715 ordinary shares following the transaction.

How many Melco Resorts (MLCO) shares does John Peter Ben Wang hold after the grant?

After the reported grant, John Peter Ben Wang directly holds 104,715 ordinary shares. This total reflects the addition of 97,767 restricted shares awarded under the company’s 2021 Share Incentive Plan, which are subject to multi-year vesting conditions.

What are the vesting terms of the 97,767 restricted Melco Resorts (MLCO) shares?

The 97,767 restricted shares vest in three equal parts over three years. 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.

Did John Peter Ben Wang pay for the Melco Resorts (MLCO) shares he received?

No, the reported transaction price per share was 0.0000, indicating no cash payment. The shares were granted as a restricted share award under Melco Resorts’ 2021 Share Incentive Plan rather than purchased on the open market.

What plan governed the restricted share grant to the Melco Resorts (MLCO) director?

The restricted share grant was made under Melco Resorts & Entertainment LTD’s 2021 Share Incentive Plan. This plan provides for equity awards such as restricted shares, which in this case are delivered upon vesting over a three-year schedule.