MGM director receives 1,080 Deferred Stock Units
Meister Keith A. reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 1,080.789 | $37.01 | $40K |
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
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What insider transaction did MGM (MGM) director Keith A. Meister report?
What are Deferred Stock Units (DSUs) in the MGM (MGM) filing?
At what value were Keith A. Meister’s MGM (MGM) Deferred Stock Units reported?
How many MGM (MGM) Deferred Stock Units does Keith A. Meister hold after this grant?
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