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Las Vegas Sands logoLas Vegas Sands LVS

The company said Nora Jordan notified it of her resignation from the Board on January 13, 2024, effective January 22, 2024. The company said the resignation was not the result of any disagreement with it on any matter relating to its operations, policies or practices.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said Nora Jordan notified it of her resignation from the Board on January 13, 2024, effective January 22, 2024. The company said the resignation was not the result of any disagreement with it on any matter relating to its operations, policies or practices.

  2. Las Vegas Sands said David Levi notified it of his resignation from the Board on January 13, 2024, effective January 22, 2024. It said his resignation also was not the result of any disagreement with the company on any matter relating to its operations, policies or practices.

  3. The company said its Board elected Alain Li as a new director on January 18, 2024, effective January 22, 2024. It said there are no arrangements between Mr. Li and any other person under which he was selected as a director, and no transactions required to be disclosed under Item 404(a) of Regulation S-K in which he has a material interest.

  4. Las Vegas Sands said that as a non-employee director, Mr. Li will be compensated as described under the heading "Director Compensation" in its proxy statement for the 2023 annual meeting of stockholders, filed on March 31, 2023. It said the annual restricted stock or restricted stock unit grant has been increased to $200,000.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Nora Jordan Resigns from Board

The company said Nora Jordan notified it of her resignation from the Board on January 13, 2024, effective January 22, 2024. The company said the resignation was not the result of any disagreement with it on any matter relating to its operations, policies or practices.

Source · Based on the filing body and exhibits

David Levi Resigns from Board

Las Vegas Sands said David Levi notified it of his resignation from the Board on January 13, 2024, effective January 22, 2024. It said his resignation also was not the result of any disagreement with the company on any matter relating to its operations, policies or practices.

Source · Based on the filing body and exhibits

Alain Li Elected to Board

The company said its Board elected Alain Li as a new director on January 18, 2024, effective January 22, 2024. It said there are no arrangements between Mr. Li and any other person under which he was selected as a director, and no transactions required to be disclosed under Item 404(a) of Regulation S-K in which he has a material interest.

Source · Based on the filing body and exhibits

Other Filing Information

Las Vegas Sands said that as a non-employee director, Mr. Li will be compensated as described under the heading "Director Compensation" in its proxy statement for the 2023 annual meeting of stockholders, filed on March 31, 2023. It said the annual restricted stock or restricted stock unit grant has been increased to $200,000.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.