Las Vegas Sands Corp 8-K, filed Feb 13, 2026
Las Vegas Sands Corp (LVS)
8-K
2026-02-13
For: 2026-02-12
View Original
Added on
April 03, 2026
About this 8-K
Las Vegas Sands Corp filed this 8-K on February 13, 2026, reporting on events of February 12, 2026.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 7.01: Regulation FD disclosure
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) February 12, 2026
| (Exact name of registrant as specified in its charter) | ||||||||
| (State or other jurisdiction of incorporation) | ||||||||
| (Commission File Number) | (IRS Employer Identification No.) | |||||||
(Address of principal executive offices) (Zip Code)
(702 ) 923-9000
(Registrant's Telephone Number, Including Area Code)
NOT APPLICABLE
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | ||||||||||||||||||||||||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | ||||||||||||||||||||||||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | ||||||||||||||||||||||||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | ||||||||||||||||||||||||||
Securities registered pursuant to Section 12(b) of the Act: | ||||||||||||||||||||||||||
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||||||||||||||
| Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). | ||||||||||||||||||||||||||
| Emerging growth company | ||||||||||||||||||||||||||
| If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. | ☐ | |||||||||||||||||||||||||
ITEM 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. | ||||
As previously disclosed, effective March 1, 2026, Robert G. Goldstein, Chairman and Chief Executive Officer of Las Vegas Sands Corp. (the “Company”), will transition to the role of senior advisor. In connection with this transition, on February 12, 2026, the Board of Directors of the Company appointed Patrick Dumont, President and Chief Operating Officer of the Company, as Chairman, Chief Executive Officer, President and Treasurer of the Company, effective March 1, 2026. Mr. Dumont was appointed to the role of President and Chief Operating Officer in January 2021. He also served as the Company’s Executive Vice President and Chief Financial Officer from March 2016 to January 2021, the Company’s Principal Financial Officer from February 2016 to March 2016, the Company’s Senior Vice President, Finance and Strategy from September 2013 to February 2016 and the Company’s Vice President, Corporate Strategy from June 2010 to August 2013. Additionally, effective March 1, 2026, Mr. Dumont was appointed as Chairman of the Board of the Company’s subsidiary, Sands China Ltd. (“SCL”); prior to that, he served as a non-executive member of the SCL Board beginning August 8, 2025. Mr. Dumont is the son-in-law of Dr. Miriam Adelson who, with trusts and other entities for the benefit of the Adelson family members, controls more than 50 percent of the voting power of the Company’s Common Stock. Since December 2023, Mr. Dumont has also served as the governor of the Dallas Mavericks, a professional basketball team in the National Basketball Association in which the family owns a majority interest.
No compensation decisions in connection with Mr. Dumont’s promotion have been made.
| ITEM 7.01. | Regulation FD Disclosure. | ||||
On February 13, 2026, the Company issued a press release regarding Mr. Goldstein’s transition to senior advisor and Mr. Dumont’s appointment as Chairman, Chief Executive Officer, President and Treasurer of the Company. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
The information in this Item 7.01 and Exhibit 99.1 furnished hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
| ITEM 8.01. | Other Events. | ||||
On February 13, 2026 Hong Kong time (February 12, 2026 U.S. time), Sands China Ltd. (“SCL”), a majority owned subsidiary of the Company, announced the appointment of Patrick Dumont as Chairman of the Board and Chairman of the Nomination Committee, effective March 1, 2026.
| ITEM 9.01. | Financial Statements and Exhibits. | ||||
| (d) | Exhibits | ||||
| 99.1 | |||||
| 104 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document | ||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report on Form 8-K to be signed on its behalf by the undersigned, hereunto duly authorized.
Dated: February 13, 2026
| LAS VEGAS SANDS CORP. | |||||||||||
| By: | /S/ D. ZACHARY HUDSON | ||||||||||
| Name: D. Zachary Hudson Title: Executive Vice President, Global General Counsel and Secretary | |||||||||||
EXHIBIT 99.1
 | |||||
| PRESS RELEASE | |||||
| For Immediate Release | |||||
Las Vegas Sands Board of Directors Appoints Patrick Dumont as Chairman and Chief Executive Officer
Mr. Dumont has served as the company’s president and chief operating officer since 2021
LAS VEGAS, February 13, 2026 – Las Vegas Sands (NYSE: LVS) announced today that Patrick Dumont will become the company’s chairman and chief executive officer effective March 1, 2026. Mr. Dumont will succeed Robert G. Goldstein, who becomes a senior advisor to the company through March 2028.
Sands’ board of directors had previously indicated Mr. Dumont would be the likely successor to Mr. Goldstein. Mr. Dumont was also appointed chairman of Sands China Ltd., the company’s Hong Kong-listed subsidiary.
“It is a true honor for me to serve as chairman and CEO of this iconic company founded by one of the industry’s greatest visionaries,” Mr. Dumont said. “Under the leadership of Sheldon Adelson and Rob Goldstein, Sands has reached tremendous heights, and I welcome the opportunity to build on that legacy in the years ahead. I am excited about our company’s future and look forward to getting started in this new role.”
Mr. Dumont was appointed president and chief operating officer of Sands in January 2021 and has been a member of the board of directors since 2017. He joined the company in 2010 and has focused on creating long-term growth for the business and its stakeholders in roles with responsibility for operations, properties and capital allocation strategy. Mr. Dumont has more than 25 years of experience in management, development, operations and corporate finance.
1
| |||||
| PRESS RELEASE | |||||
| For Immediate Release | |||||
Under his leadership, Sands has undertaken transformative investment programs in Macao and Singapore to elevate its product offerings, enhance customer experience and increase long-term earnings potential. He is responsible for the company’s new development in Singapore, an $8 billion ultra-luxury project that broke ground in July 2025.
“We are fortunate to have the best assets in the best markets in our industry,” Mr. Dumont added. “Our core leadership team has been together for many years, and we are highly focused on maximizing ongoing investments in our properties, people and local communities. Through our more than 41,000 deeply dedicated Team Members and our priority on delivering unparalleled experiences for discerning leisure and business guests, we remain focused on creating positive economic impact for our host regions and strong returns for our shareholders.”
Mr. Dumont received an MBA from Columbia Business School and a Bachelor of Science in mechanical engineering from Johns Hopkins University. Mr. Dumont resides in Las Vegas, Nevada, with his wife and children.
# # #
About Sands (NYSE: LVS)
Sands is the leading global developer and operator of integrated resorts. The company’s iconic properties drive valuable leisure and business tourism and deliver significant economic benefits, sustained job creation, financial opportunities for local businesses and community investment to help make its host regions ideal places to live, work and visit.
Sands’ portfolio of properties includes Marina Bay Sands® in Singapore and The Venetian® Macao, The Londoner Macao®, The Parisian Macao®, The Plaza® Macao and Four Seasons® Hotel Macao, and Sands® Macao in Macao SAR, China, through majority ownership in Sands China Ltd.
Dedicated to being a leader in corporate responsibility, Sands is anchored by the core tenets of serving people, communities and the planet. The company’s ESG leadership has led to inclusion on the Dow Jones Sustainability Indices for World and North America, as well as Fortune’s list of the World’s Most Admired Companies. To learn more, visit www.sands.com.
2
| |||||
| PRESS RELEASE | |||||
| For Immediate Release | |||||
Forward-Looking Statements
This press release contains forward-looking statements made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include discussions of our expectations, beliefs, corporate plans, future prospects, and other statements that are not historical in nature. In addition, in certain portions included in this release, the words “opportunity,” “build,” “will,” “develop,” and similar expressions, as they relate to our company or management, are intended to identify forward-looking statements. Although we believe these forward-looking statements are reasonable, we cannot assure any forward-looking statements will prove to be correct. These statements represent our expectations, beliefs, intentions or strategies concerning future events that, by their nature, involve a number of risks, uncertainties or other factors beyond our control, which may cause our actual results, performance, achievements or other expectations to be materially different from any future results, performance, achievements or other expectations expressed or implied by these forward-looking statements. These factors include, but are not limited to, the risks associated with: our ability to invest in future growth opportunities and new development, attempt to expand our business in new markets and new ventures, execute our capital expenditure programs at our existing properties and produce future returns, and other risks and uncertainties detailed in annual reports on Form 10-K and quarterly reports on Form 10-Q filed by the company with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date such statement is made. We assume no obligation to update any forward-looking statements and information.
3