MGM (NYSE: MGM) director Keith Meister granted 1,080 Deferred Stock Units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meister Keith A. reported acquisition or exercise transactions in this Form 4 filing.
MGM Resorts International director Keith A. Meister received a grant of 1,080.789 Deferred Stock Units as board compensation. The units were valued at $37.01 per unit for reporting purposes and increase his direct Deferred Stock Unit holdings to 62,966.4963. Each Deferred Stock Unit is the economic equivalent of one share of MGM common stock and will be paid out in shares when he leaves the board.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Meister Keith A.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 1,080.789 | $37.01 | $40K |
Holdings After Transaction:
Deferred Stock Units — 62,966.496 shares (Direct)
Footnotes (1)
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Key Figures
Deferred Stock Units granted: 1,080.789 units
Reporting value per unit: $37.01 per unit
Total Deferred Stock Units after grant: 62,966.4963 units
3 metrics
Deferred Stock Units granted
1,080.789 units
Grant to director Keith A. Meister on March 31, 2026
Reporting value per unit
$37.01 per unit
Value used for the Deferred Stock Unit award
Total Deferred Stock Units after grant
62,966.4963 units
Director Keith A. Meister’s direct DSU holdings after the 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"
FAQ
What insider transaction did MGM (MGM) director Keith A. Meister report?
Keith A. Meister reported receiving 1,080.789 Deferred Stock Units as compensation. These units are tied to MGM Resorts International common stock and increase his total direct Deferred Stock Unit holdings to 62,966.4963, reflecting additional equity-based pay for his board service.
What are Deferred Stock Units (DSUs) in the MGM (MGM) filing?
Deferred Stock Units are equity-based awards whose value tracks MGM common stock. Each DSU is the economic equivalent of one MGM share and is paid out in stock later, typically upon the director’s termination of service, aligning director compensation with shareholder interests.
At what value were Keith A. Meister’s MGM (MGM) Deferred Stock Units reported?
The 1,080.789 Deferred Stock Units granted to Keith A. Meister were reported at $37.01 per unit. This value is used for disclosure and compensation measurement, tying the award directly to MGM Resorts International’s share price at the time of the grant.
How many MGM (MGM) Deferred Stock Units does Keith A. Meister hold after this grant?
After receiving 1,080.789 additional units, Keith A. Meister directly holds 62,966.4963 Deferred Stock Units. Because each unit mirrors one MGM common share economically, this total reflects his accumulated deferred equity compensation from board service.