MGM Resorts CEO converts stock units into 49,135 shares
The 165,728 restricted stock units granted on October 5 vest in three equal annual installments beginning on the first anniversary.
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Rhea-AI Filing Summary
MGM Resorts International CEO and President William Hornbuckle converted 49,135 restricted stock units into common stock on October 6, 2026. On that date, 19,335 common shares were delivered or withheld for payment of exercise price or tax liability, with a reported price of $30.54 per share. On October 5, he received a grant of 165,728 restricted stock units, vesting in three equal annual installments beginning on the first anniversary. The filing also lists 777,849 common shares held indirectly in trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2 | 49,135 | $0.00 | $0.00 |
| Exercise | Common Stock $.01 Par Value ND | 49,135 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock $.01 Par Value ND | 19,335 | $30.54 | $590K |
| Grant/Award | Restricted Stock Units F1 | 165,728 | $0.00 | $0.00 |
| holding | Common Stock $.01 Par Value ND | -- | -- | -- |
Footnotes (2)
- F1. Restricted Stock Units ("RSUs") granted under the MGM Resorts International ("Company") 2022 Omnibus Incentive Plan (the "Plan"). Each RSU represents the right to receive, following vesting, one share of Company common stock. The RSUs will vest in three equal annual installments commencing on the first anniversary of the grant date.
- F2. RSUs granted under the Plan. Each RSU represents the right to receive, following vesting, one share of Company common stock. The RSUs vest in three equal annual installments commencing on the first anniversary of the grant date.
Key Figures
Key Terms
Restricted Stock Units financial
vesting financial
2022 Omnibus Incentive Plan technical
FAQ
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How do William Hornbuckle’s MGM (MGM) restricted stock units vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.