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Melco (MLCO) director Thomas Jefferson Wu receives 97,767 restricted shares award

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

WU THOMAS JEFFERSON reported acquisition or exercise transactions in this Form 4 filing.

Melco Resorts & Entertainment LTD director Thomas Jefferson Wu reported an equity award of 97,767 ordinary shares. These are restricted shares granted at no cash cost to him, under the company's 2021 Share Incentive Plan, and will be delivered only as they vest over time.

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 vest after 36 months, all conditioned on continued service through each vesting date. Following this award, Wu holds 896,342 ordinary shares directly.

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Insider WU THOMAS JEFFERSON
Role Director
Type Security Shares Price Value
Grant/Award Ordinary shares 97,767 $0.00 $0.00
Holdings After Transaction: Ordinary shares — 896,342 shares (Direct)
Footnotes (1)
  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.
Restricted shares granted 97,767 shares Equity award on May 8, 2026
Total shares after grant 896,342 shares Direct holdings following reported transaction
Grant price per share $0.00 per share Restricted share grant under 2021 Share Incentive Plan
Vesting schedule year 1 1/3 of award Vests 12 months from grant date
Vesting schedule year 2 1/3 of award Vests 24 months from grant date
Vesting schedule year 3 1/3 of award Vests 36 months from grant date
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.
continued service financial
"conditioned on, inter alia, continued service through the applicable vesting date"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did MLCO director Thomas Jefferson Wu report?

Thomas Jefferson Wu reported receiving 97,767 restricted ordinary shares of Melco Resorts & Entertainment LTD. The shares were granted as an equity award under the company’s 2021 Share Incentive Plan and involve no cash purchase by Wu.

How many Melco (MLCO) shares does Thomas Jefferson Wu hold after this Form 4?

After this equity award, Thomas Jefferson Wu holds 896,342 ordinary shares of Melco Resorts & Entertainment LTD directly. This total includes the newly granted restricted shares that will be delivered as they vest over the next three years.

What are the vesting terms of Thomas Jefferson Wu’s 97,767 MLCO restricted shares?

The 97,767 restricted shares vest in three equal installments. One-third vests 12 months from the grant date, another third at 24 months, and the final third at 36 months, subject to continued service through each vesting date.

Were Thomas Jefferson Wu’s new MLCO shares an open-market purchase?

No, the shares were not bought on the open market. They are restricted shares granted to Thomas Jefferson Wu at a price of $0.00 per share as part of Melco’s 2021 Share Incentive Plan, contingent on future vesting.

What plan governs the restricted share grant to MLCO director Thomas Jefferson Wu?

The restricted share grant was made under Melco Resorts & Entertainment LTD’s 2021 Share Incentive Plan. This plan provides equity-based compensation, with shares delivered over time as vesting conditions, including continued service, are satisfied.
SEC Form 4
FORM 4UNITED 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*
WU THOMAS JEFFERSON

(Last)(First)(Middle)
C/O MELCO RESORTS & ENTERTAINMENT
LIMITED 71 ROBINSON ROAD #04-03

(Street)
SINGAPORESINGAPORE068895

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Ordinary shares05/08/2026A(1)97,767A$0896,342D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 Thomas Jefferson Wu05/12/2026
** Signature of Reporting PersonDate
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)