secwatch.observer — SEC 8-K summary
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Issuer:     LAS VEGAS SANDS CORP (LVS)
CIK:        0001300514
Form:       8-K
Filed at:   2023-12-14T23:59:59+00:00
Accession:  0001300514-23-000105
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Las Vegas Sands amends EVP Zachary Hudson's employment agreement, extends term to 2029
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- New base salary of $1,300,000 effective Jan 1, 2024; target cash bonus 175% of base salary.
- Target annual RSU award increased to 200% of base salary; one-time option grant of 510,157 shares vesting Dec 31, 2029.
- Employment term extended to December 31, 2029; severance includes 12-month cash payment equal to base salary plus target bonus.
- Existing non-compete, non-solicitation (1-year) and perpetual confidentiality covenants remain in effect.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1300514/000130051423000105/0001300514-23-000105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1300514/000130051423000105/lvs-20231213.htm
  HTML page:      https://secwatch.observer/filing/0001300514-23-000105

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