STOCK TITAN

[Form 4] MGM Resorts International Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

Insider transactions by John McManus at MGM Resorts International (MGM) show a mix of an award of restricted stock units and a partial sale of common shares. The filing reports 6,116 RSUs granted (each RSU converts to one share at vesting) recorded as an acquisition at a $0 price and shown as Code M. The reporting lines show a subsequent disposition of 2,407 shares sold at $34.75. Ownership totals moved from 37,637 shares to 35,230 shares following the sale. The RSUs vest in four equal annual installments beginning on the first anniversary of the grant, which creates a multi-year potential equity transfer to the reporting person.

Transazioni interne di John McManus presso MGM Resorts International (MGM) mostrano un mix tra un premio di unità azionarie restrittive (RSU) e una cessione parziale di azioni ordinarie. Il deposito riporta 6.116 RSU concesse (ogni RSU si converte in una azione al vesting) registrate come acquisizione a un prezzo di $0 e indicate come Codice M. Le righe di reporting indicano una successiva disposizione di 2.407 azioni vendute a $34.75. Le azioni di proprietà totali sono passate da 37.637 azioni a 35.230 azioni dopo la vendita. Le RSU maturano in quattro rate annuali uguali a partire dal primo anniversario della concessione, il che crea un trasferimento potenziale di capitale su più anni per la persona riportante.

Transacciones internas de John McManus en MGM Resorts International (MGM) muestran una mezcla de una adjudicación de unidades de acciones restringidas y una venta parcial de acciones ordinarias. El archivo reporta 6.116 RSU otorgadas (cada RSU se convierte en una acción al vesting) registradas como adquisición a un precio de $0 y mostradas como Código M. Las líneas de reporte muestran una disposición subsecuente de 2.407 acciones vendidas a $34.75. Los totales de propiedad pasaron de 37.637 acciones a 35.230 acciones tras la venta. Las RSU vencen en cuatro cuotas anuales iguales a partir del primer aniversario de la concesión, lo que crea un potencial traslado de capital a varios años para la persona que informa.

존 맥맨스(John McManus)가 MGM Resorts International(MGM)에서 수행한 내부자 거래는 제한 주식 단위(RSU) 부여와 일반 주식의 일부 매도라는 혼합을 보여줍니다. 신고에는 6,116 RSU가 부여되었고(각 RSU는 베스팅 시 한 주로 전환), 이는 $0의 가격으로 취득으로 기록되며 코드 M로 표시됩니다. 보고 라인에는 이후 2,407주$34.75에 매도된 처분이 나옵니다. 소유 총액은 매도 이후 37,637주에서 35,230주로 이동했습니다. RSU는 부여일의 첫 해 기점부터 매년 동일한 네 분할로 vest되며, 이는 보고자에게 다년 간의 잠재적 주식 이전을 만들 수 있습니다.

Transactions détérminées par John McManus chez MGM Resorts International (MGM) montrent un même mélange d’une attribution d’unités d’actions restreintes (RSU) et d’une vente partielle d’actions ordinaires. Le dépôt rapporte 6.116 RSU accordées (chaque RSU se transforme en une action à l’échuement) enregistrées comme acquisition à un prix de $0 et indiquées comme Code M. Les lignes de signalement montrent une cession ultérieure de 2.407 actions vendues à $34.75. Le total de possession est passé de 37.637 actions à 35.230 actions à la suite de la vente. Les RSU se vempent en quatre versements annuels égaux à partir du premier anniversaire de la bénéficiaire, ce qui crée un transfert potentiel de capitaux sur plusieurs années pour la personne qui signale.

Insidertransaktionen von John McManus bei MGM Resorts International (MGM) zeigen eine Mischung aus einer Gewährung eingeschränkter Aktien (RSUs) und einem teilweisen Verkauf von Stammaktien. Die Einreichung meldet 6.116 RSU, die gewährt wurden (jede RSU wandelt sich bei Vesting in eine Aktie um) und als Erwerb zu einem Preis von $0 aufgezeichnet und als Code M angezeigt. Die Berichte zeigen eine anschließende Veräußerung von 2.407 Aktien, die zu $34.75 verkauft wurden. Die Eigentumssummen stiegen nach dem Verkauf von 37.637 Aktien auf 35.230 Aktien ab. Die RSUs vesten in vier gleichen jährlichen Raten beginnend am ersten Jahrestag der Gewährung, was eine mehrjährige potenzielle Übertragung von Eigenkapital auf die meldende Person bedeutet.

صفقات داخلية من قبل جون مكمانوس في MGM Resorts International (MGM) تُظهر مزيجاً من منح وحدات أسهم مقيدة وت البيع الجزئي للأسهم العادية. يَرُد التقرير 6,116 RSU ممنوحة (كل RSU تتحول إلى سهم واحد عند الاستحقاق) مسجلة كاستحواذ بسعر $0 ومبيّنة كالكود M. تشير خطوط الإدخال إلى تصرف لاحق بــ 2,407 سهم مباعة بسعر $34.75. انتشرت ملكية الإجمال من 37,637 سهم إلى 35,230 سهم عقب البيع. تستحق RSUs في أربع دفعات سنوية متساوية تبدأ من الذكرى الأولى للمنحة، مما يخلق نقلاً محتملاً لحقوق الملكية على مدى سنوات عديدة للشخص المبلغ عنه.

John McManus 在 MGM Resorts International (MGM) 的内幕交易 显示了受限股票单位(RSU)的授予与普通股的部分出售的混合。该申报显示 6,116 RSU 已授予(每个 RSU 在归属时转换为一股)并以 $0 价格记为取得,标记为代码 M。申报行显示随后有 2,407 股$34.75 出售。所有权总量在出售后从 37,637 股 变为 35,230 股。RSU 在授予后的第一周年起,每年等额分四次 vest,因而在报告人处产生多年的潜在股权转移。

Positive
  • 6,116 RSUs granted under the 2022 Omnibus Incentive Plan, supporting executive retention
  • Partial sale of 2,407 shares suggests orderly monetization rather than full exit
Negative
  • Direct beneficial ownership declined from 37,637 to 35,230 shares after the sale

Insights

Grant plus partial sale aligns pay realization with staged vesting while trimming net holdings.

The filing records a 6,116-unit RSU grant under the 2022 Omnibus Incentive Plan that vests in four equal annual installments starting one year after grant, creating a scheduled equity dilution mechanism as units convert to shares across 20262029 if fully typical. The RSUs were recorded at $0, consistent with time‑based awards.

The filing also shows a contemporaneous disposition of 2,407 shares at $34.75, reducing direct beneficial ownership from 37,637 to 35,230 shares. Monitor vesting dates and future sales for potential ongoing insider liquidity and executive retention effects over the next 12–36 months.

Transazioni interne di John McManus presso MGM Resorts International (MGM) mostrano un mix tra un premio di unità azionarie restrittive (RSU) e una cessione parziale di azioni ordinarie. Il deposito riporta 6.116 RSU concesse (ogni RSU si converte in una azione al vesting) registrate come acquisizione a un prezzo di $0 e indicate come Codice M. Le righe di reporting indicano una successiva disposizione di 2.407 azioni vendute a $34.75. Le azioni di proprietà totali sono passate da 37.637 azioni a 35.230 azioni dopo la vendita. Le RSU maturano in quattro rate annuali uguali a partire dal primo anniversario della concessione, il che crea un trasferimento potenziale di capitale su più anni per la persona riportante.

Transacciones internas de John McManus en MGM Resorts International (MGM) muestran una mezcla de una adjudicación de unidades de acciones restringidas y una venta parcial de acciones ordinarias. El archivo reporta 6.116 RSU otorgadas (cada RSU se convierte en una acción al vesting) registradas como adquisición a un precio de $0 y mostradas como Código M. Las líneas de reporte muestran una disposición subsecuente de 2.407 acciones vendidas a $34.75. Los totales de propiedad pasaron de 37.637 acciones a 35.230 acciones tras la venta. Las RSU vencen en cuatro cuotas anuales iguales a partir del primer aniversario de la concesión, lo que crea un potencial traslado de capital a varios años para la persona que informa.

존 맥맨스(John McManus)가 MGM Resorts International(MGM)에서 수행한 내부자 거래는 제한 주식 단위(RSU) 부여와 일반 주식의 일부 매도라는 혼합을 보여줍니다. 신고에는 6,116 RSU가 부여되었고(각 RSU는 베스팅 시 한 주로 전환), 이는 $0의 가격으로 취득으로 기록되며 코드 M로 표시됩니다. 보고 라인에는 이후 2,407주$34.75에 매도된 처분이 나옵니다. 소유 총액은 매도 이후 37,637주에서 35,230주로 이동했습니다. RSU는 부여일의 첫 해 기점부터 매년 동일한 네 분할로 vest되며, 이는 보고자에게 다년 간의 잠재적 주식 이전을 만들 수 있습니다.

Transactions détérminées par John McManus chez MGM Resorts International (MGM) montrent un même mélange d’une attribution d’unités d’actions restreintes (RSU) et d’une vente partielle d’actions ordinaires. Le dépôt rapporte 6.116 RSU accordées (chaque RSU se transforme en une action à l’échuement) enregistrées comme acquisition à un prix de $0 et indiquées comme Code M. Les lignes de signalement montrent une cession ultérieure de 2.407 actions vendues à $34.75. Le total de possession est passé de 37.637 actions à 35.230 actions à la suite de la vente. Les RSU se vempent en quatre versements annuels égaux à partir du premier anniversaire de la bénéficiaire, ce qui crée un transfert potentiel de capitaux sur plusieurs années pour la personne qui signale.

Insidertransaktionen von John McManus bei MGM Resorts International (MGM) zeigen eine Mischung aus einer Gewährung eingeschränkter Aktien (RSUs) und einem teilweisen Verkauf von Stammaktien. Die Einreichung meldet 6.116 RSU, die gewährt wurden (jede RSU wandelt sich bei Vesting in eine Aktie um) und als Erwerb zu einem Preis von $0 aufgezeichnet und als Code M angezeigt. Die Berichte zeigen eine anschließende Veräußerung von 2.407 Aktien, die zu $34.75 verkauft wurden. Die Eigentumssummen stiegen nach dem Verkauf von 37.637 Aktien auf 35.230 Aktien ab. Die RSUs vesten in vier gleichen jährlichen Raten beginnend am ersten Jahrestag der Gewährung, was eine mehrjährige potenzielle Übertragung von Eigenkapital auf die meldende Person bedeutet.

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*
McManus John

(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)
CHIEF LEGAL ADMIN OFC AND SECY
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 6,116 A $0 37,637 D
Common Stock $.01 Par Value ND 10/02/2025 F 2,407 D $34.75 35,230 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 6,116 10/02/2024 10/02/2027 Common Stock $.01 Par Value ND 6,116 $0 12,232 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 John McManus report on the Form 4 for MGM (MGM)?

The Form 4 reports a grant of 6,116 RSUs and a sale of 2,407 shares at $34.75, changing beneficial ownership to 35,230 shares.

How do the RSUs granted to John McManus vest?

The RSUs vest in four equal annual installments commencing on the first anniversary of the grant date.

What is the economic cost recorded for the RSU grant?

The RSUs are recorded with a price of $0 (they represent a right to receive one share per RSU upon vesting).

How many shares did McManus own before and after the reported transactions?

Beneficial ownership is shown as 37,637 shares before the sale and 35,230 shares after the sale.

When were the transactions and who signed the Form 4?

Transactions are dated 10/02/2025 and the filing is signed by Jessica Cunningham, Attorney-In-Fact on 10/06/2025.
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