Melco (NASDAQ: MLCO) CFO logs tax-withholding move, retains 3.4M shares

Rhea-AI Filing Summary

Melco Resorts & Entertainment LTD Chief Financial Officer Geoffrey Stuart Davis reported a tax-withholding disposition of 102,639 ordinary shares at $1.89 per share. This non-market transaction covered tax obligations, and he continues to hold 3,401,868 ordinary shares directly after the event.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider DAVIS GEOFFREY STUART

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Tax Withholding	Ordinary shares	102,639	$1.89	$194K

Holdings After Transaction: Ordinary shares — 3,401,868 shares (Direct)

Footnotes (1)

Key Figures

Tax-withholding shares: 102,639 shares Transaction price per share: $1.89/share Post-transaction holdings: 3,401,868 shares

3 metrics

Tax-withholding shares 102,639 shares Ordinary shares delivered for tax obligations

Transaction price per share $1.89/share Value used for tax-withholding disposition

Post-transaction holdings 3,401,868 shares Ordinary shares held directly after transaction

Key Terms

tax-withholding disposition, Ordinary shares, transaction code F, beneficially owned

4 terms

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Ordinary shares financial

"security_title": "Ordinary shares""

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

transaction code F regulatory

"transaction_code": "F""

beneficially owned financial

"total_shares_following_transaction": "3401868.0000""

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

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^*

DAVIS GEOFFREY STUART

(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 Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026

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	04/02/2026		F		102,639	D	$1.89	3,401,868	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:

	/s/ Tim Y. Sung, attorney-in-fact for Geoffrey Stuart Davis	04/06/2026
	** 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 MLCO CFO Geoffrey Stuart Davis report in this Form 4?

He reported a tax-withholding disposition of 102,639 Melco ordinary shares at $1.89 per share. This was to satisfy tax obligations, not an open-market trade, and was recorded as a non-derivative transaction.

Was the MLCO CFO’s Form 4 transaction a market sale of shares?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were delivered to cover tax liability, recorded under code F, which indicates payment of exercise price or tax liability by delivering securities.

How many MLCO shares were involved in the CFO’s tax withholding?

The filing shows 102,639 ordinary shares were disposed of to cover tax obligations. These shares were valued at $1.89 per share for the transaction, according to the reported Form 4 data for Melco Resorts & Entertainment LTD.

How many MLCO shares does the CFO hold after this Form 4 transaction?

After the tax-withholding disposition, Geoffrey Stuart Davis directly holds 3,401,868 ordinary shares of Melco. This post-transaction holding is disclosed in the Form 4 as the total number of shares beneficially owned following the reported event.

What does transaction code F mean in the MLCO CFO’s Form 4?

Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this MLCO filing, it reflects a tax-withholding disposition, where shares are surrendered to meet tax obligations rather than sold in the open market.

Is the MLCO CFO’s Form 4 transaction considered a buy or sell signal?

The Form 4 reflects a tax-withholding disposition, not a voluntary buy or sell decision. It is a mechanical event tied to tax obligations, so it typically carries less informational value than discretionary open-market purchases or sales.