Form 4: Miriam Adelson Reports Intra-Family Share Transfers in Las Vegas Sands Corp.

Miriam Adelson, a director of Las Vegas Sands Corp., reported the transfer of shares within her family's trusts, with no monetary consideration involved.

Summary

• Miriam Adelson, a director of Las Vegas Sands Corp., filed a Form 4 disclosing changes in her beneficial ownership of the company's stock.
• The transactions involved the transfer of common stock between different trusts associated with the Adelson family.
• Specifically, 328,912 shares were transferred into a trust (Trust A) for the benefit of family members, and 3,782,784 shares were transferred out of another trust (Trust H).
• These transfers were made without any monetary consideration.
• The total number of shares beneficially owned by family members or trusts for the benefit of one or more Adelson family members not reported above is 321,580,529.
• The transactions are exempt under Rule 16a-13 of the Securities Exchange Act of 1934.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not contain any information that would indicate positive or negative sentiment. It is a neutral disclosure of share transfers.

Industry Context

This filing is a routine disclosure of changes in beneficial ownership by a company insider and does not indicate any change in the company's operations or strategy. Such filings are common and expected.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders and are required by the SEC to ensure transparency in the market.
• The transactions reported are typical for family trusts and do not indicate any unusual activity compared to other similar filings by corporate insiders.

Stakeholder Impact

• The share transfers do not have a direct impact on stakeholders as they are internal transactions within the Adelson family trusts.

Key Dates

Keywords

Las Vegas Sands Corp, Miriam Adelson, Form 4, Beneficial Ownership, Share Transfer, Trusts, Family Trusts, LVS