[Form 4] MGM Resorts International Insider Trading Activity

Rhea-AI Filing Summary

MGM Resorts International (MGM) officer Todd Meinert reported equity transactions on 10/02/2025. He was granted 1,155 restricted stock units (RSUs) under the companys 2022 Omnibus Incentive Plan; each RSU converts to one share on vesting and the award vests in four equal annual installments starting on the first anniversary of the grant date. On the same date he sold 282 shares of common stock at a price of $34.75 per share. After these transactions he beneficially owns 19,456 shares (post-grant) as reported.

Positive

• 1,155 RSUs granted with time-based vesting supports executive retention
• Post-transaction ownership of 19,456 shares maintains insider alignment with shareholders

Negative

• 282 shares sold at $34.75 indicates partial monetization which could slightly reduce insider stake

Insights

Corporate Compensation Analyst

Grant-plus-sale reflects routine executive compensation and partial monetization.

The 1,155 RSU award follows standard time-based vesting: four equal annual installments beginning on the first anniversary of grant. This structure aligns long-term retention with stock ownership because each RSU converts to one share at vesting.

The concurrent sale of 282 shares at $34.75 appears to be a partial disposition rather than a full exit and may reflect diversification or tax-liability management. Monitor future Form 4s for scheduled vesting dates and any pattern of systematic sales within 12 months.

Equity Markets Specialist

Transactions are unlikely to be market-moving given the reported sizes.

The 1,155 RSUs convert to a modest number of shares relative to total float; the reported post-transaction beneficial ownership of 19,456 shares indicates an insider holding but not a controlling stake. The sale of 282 shares at $34.75 is small and would not materially affect supply-demand dynamics.

Investors may note timing relative to corporate events; absent further sizable transfers or changes in holdings, these moves are routine. Watch for vesting dates and any subsequent open-market sales within the next 12 months.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Meinert Todd

(Last) (First) (Middle)

3600 LAS VEGAS BLVD. SOUTH

(Street)

LAS VEGAS NV 89109

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MGM Resorts International [ MGM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP & Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
10/02/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock $.01 Par Value ND	10/02/2025		M		1,155	A	$0	19,456	D
Common Stock $.01 Par Value ND	10/02/2025		F		282	D	$34.75	19,174	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	10/02/2025		M			1,155	10/02/2024	10/02/2027	Common Stock $.01 Par Value ND	1,155	$0	2,311	D

Explanation of Responses:

1. Restricted Stock Units ("RSUs") granted under the MGM Resorts International ("Company") 2022 Omnibus Incentive Plan. Each RSU represents the right to receive, following vesting, one share of Company common stock. The RSUs vest in four equal annual installments commencing on the first anniversary of the grant date.

	/s/ Jessica Cunningham, Attorney-In-Fact	10/06/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Todd Meinert report on MGM Form 4 (MGM)?

He reported a grant of 1,155 RSUs and a sale of 282 shares at $34.75, with 19,456 shares beneficially owned after the grant.

When do the granted RSUs vest?

The RSUs vest in four equal annual installments beginning on the first anniversary of the grant date, per the 2022 Omnibus Incentive Plan.

How many shares will the 1,155 RSUs convert to?

Each RSU represents the right to receive one share of common stock on vesting, so the award converts to 1,155 shares over the vesting schedule.

At what price were the 282 shares sold?

The sale price reported for the 282 shares was $34.75 per share.

Does this Form 4 indicate any change in control or large insider exit?

No. The transactions are routine: a time‑based RSU grant and a modest sale; they do not indicate a change in control or a full exit.