A recent regulatory filing revealed that Las Vegas Sands (LVS) CEO and chairman Robert Goldstein sold 60,200 common shares on November 29th at $53.02 per share, totaling approximately $3.19 million, and further reducing its stock in the gaming group.
On November 7th, Goldstein had already sold an additional 24,324 shares at an average price of $52.00, amounting to $1.2 million.
The shares were held indirectly via the Robert and Sheryl Goldstein Trust. The details of these transactions were disclosed in filings with the Securities and Exchange Commission (SEC).
Goldstein also holds options to purchase 5,582,000 shares that are vested, options to purchase 1,168,000 shares that are unvested and 335,332 restricted stock units that are unvested.
The group – linked to Sands China in Macau and the Marina Bay Sands IR in Singapore – reported a total revenue of $2.68 billion in the third quarter of this year, a decline of 4 percent year-on-year.
