MGM Resorts International Insider Trading Activity
SALEM PAUL J reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 2,634.4231 | $37.01 | $97K |
| holding | Common Stock $.01 Par Value ND | -- | -- | -- |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
Deferred Stock Units financial
Deferred Compensation Plan for Non-Employee Directors financial
economic equivalent financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did MGM (MGM) director Paul J. Salem report in this Form 4?
How many Deferred Stock Units does Paul J. Salem now hold in MGM (MGM)?
What are Deferred Stock Units (DSUs) in the context of MGM (MGM)?
When do MGM (MGM) Deferred Stock Units granted to Paul J. Salem become payable?
AI-generated analysis. How Rhea-AI works. Not financial advice.