[Form 4] MGM Resorts International Insider Trading Activity

Rhea-AI Filing Summary

SALEM PAUL J reported acquisition or exercise transactions in this Form 4 filing.

MGM Resorts International director Paul J. Salem received a grant of 2,634.4231 Deferred Stock Units (DSUs) under the company’s Deferred Compensation Plan for Non-Employee Directors. Each DSU is the economic equivalent of one share of MGM common stock and becomes payable when he leaves the board.

Following this award, Salem holds 118,201.9424 DSUs and 1,702,500 shares of MGM common stock directly. This filing reflects routine director compensation rather than an open-market stock purchase or sale.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider SALEM PAUL J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Stock Units	2,634.423	$37.01	$97K
holding	Common Stock $.01 Par Value ND	--	--	--

Holdings After Transaction: Deferred Stock Units — 118,201.942 shares (Direct); Common Stock $.01 Par Value ND — 1,702,500 shares (Direct)

Footnotes (1)

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Key Figures

Deferred Stock Units granted: 2,634.4231 units Grant reference price: $37.0100 per unit Total DSUs after transaction: 118,201.9424 units +1 more

4 metrics

Deferred Stock Units granted 2,634.4231 units DSU award on March 31, 2026

Grant reference price $37.0100 per unit Economic equivalent per DSU

Total DSUs after transaction 118,201.9424 units Deferred Stock Units held after award

Common shares directly owned 1,702,500 shares Direct MGM common stock holdings after transaction

Key Terms

Deferred Stock Units, Deferred Compensation Plan for Non-Employee Directors, economic equivalent

3 terms

Deferred Stock Units financial

"Represents Deferred Stock Units ("DSUs") under the MGM Resorts International..."

Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.

Deferred Compensation Plan for Non-Employee Directors financial

"under the MGM Resorts International (the "Company") Deferred Compensation Plan for Non-Employee Directors."

economic equivalent financial

"Each DSU is the economic equivalent of one share of Company common stock."

Form 4 Insider Transactions: What Each Field Means →

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^*

SALEM PAUL J

(Last) (First) (Middle)

3600 LAS VEGAS BLVD. SOUTH

(Street)

LAS VEGAS NEVADA 89109

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

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

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

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

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								1,702,500	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
Deferred Stock Units	(1)	03/31/2026		A		2,634.4231		(1)	(1)	Common Stock $.01 Par Value ND	2,634.4231	$37.01	118,201.9424	D

Explanation of Responses:

1. Represents Deferred Stock Units ("DSUs") under the MGM Resorts International (the "Company") Deferred Compensation Plan for Non-Employee Directors. Each DSU is the economic equivalent of one share of Company common stock. The DSUs become payable upon the Reporting Person's termination of service as a Director.

	/s/ Jessica Cunningham, Attorney-In-Fact	04/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did MGM (MGM) director Paul J. Salem report in this Form 4?

Paul J. Salem reported receiving 2,634.4231 Deferred Stock Units as director compensation. These units track MGM Resorts International’s common stock value and are part of a non-employee director deferred compensation plan, rather than an open-market stock purchase or sale.

How many Deferred Stock Units does Paul J. Salem now hold in MGM (MGM)?

After the latest grant, Paul J. Salem holds 118,201.9424 Deferred Stock Units. Each unit represents the economic equivalent of one MGM common share, providing equity-linked compensation that will be paid out when he leaves the board.

How many MGM (MGM) common shares does Paul J. Salem own directly?

Paul J. Salem directly owns 1,702,500 shares of MGM Resorts International common stock. This figure is disclosed as his total direct share ownership following the reported transactions in the Form 4 insider filing.

What are Deferred Stock Units (DSUs) in the context of MGM (MGM)?

Deferred Stock Units at MGM are director compensation instruments equal in value to one common share each. They accumulate over time and become payable in shares or cash when a director’s service ends, aligning board incentives with shareholder performance.

When do MGM (MGM) Deferred Stock Units granted to Paul J. Salem become payable?

The Deferred Stock Units granted to Paul J. Salem become payable upon his termination of service as a director. Until then, they function as deferred equity-based compensation tied economically to MGM’s common stock value under the company’s director plan.