Melco Resorts (MLCO) grants 111,735 restricted shares to Principal Accounting Officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kuzdowicz Amy L. reported acquisition or exercise transactions in this Form 4 filing.
Melco Resorts & Entertainment LTD reported that Principal Accounting Officer Amy L. Kuzdowicz received a grant of 111,735 ordinary shares as restricted shares under the company's 2021 Share Incentive Plan. These shares were granted at no cash price and increase her direct holdings to 329,337 ordinary shares following the award.
According to the grant terms, one-third of the restricted shares vest 12 months from the grant date, another third vest after 24 months, and the final third after 36 months. Vesting is conditioned in part on her continued service with the company through each applicable vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kuzdowicz Amy L.
Role
Principal Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary shares | 111,735 | $0.00 | -- |
Holdings After Transaction:
Ordinary shares — 329,337 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted shares granted: 111,735 shares
Total shares after transaction: 329,337 shares
Grant price per share: $0.0000 per share
+3 more
6 metrics
Restricted shares granted
111,735 shares
Equity award to Principal Accounting Officer on May 8, 2026
Total shares after transaction
329,337 shares
Direct holdings of Amy L. Kuzdowicz following grant
Grant price per share
$0.0000 per share
Reported transaction price for restricted share award
Initial vesting tranche
One-third of award
Vests 12 months from the grant date, subject to service
Second vesting tranche
One-third of award
Vests 24 months from the grant date, subject to service
Final vesting tranche
One-third of award
Vests 36 months from the grant date, subject to service
Key Terms
restricted shares, 2021 Share Incentive Plan, vesting, Principal Accounting Officer
4 terms
vesting financial
"which are delivered on vesting of the shares. Of such shares, one-third vest 12 months from the grant date"
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.
Principal Accounting Officer financial
"officer_title": "Principal Accounting Officer""
The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.
FAQ
What did Melco Resorts (MLCO) disclose in this Form 4 filing?
Melco Resorts disclosed that Principal Accounting Officer Amy L. Kuzdowicz received a grant of 111,735 restricted ordinary shares. The award was made under the 2021 Share Incentive Plan and increases her direct holdings to 329,337 shares after the transaction.
What is Amy L. Kuzdowicz’s total Melco Resorts (MLCO) holding after this grant?
After the restricted share grant, Amy L. Kuzdowicz directly holds 329,337 ordinary shares of Melco Resorts. This total includes the newly awarded 111,735 restricted shares reported in the Form 4 filing as part of her equity compensation.