MGM Resorts (NYSE: MGM) director awarded 836 deferred stock units as board pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MGM Resorts International director Keith A. Meister received a grant of deferred stock units as part of his board compensation. On this award date, he acquired 836.6451 deferred stock units, each economically equivalent to one share of MGM common stock at a reference value of $47.81 per unit.
Following this grant, Meister directly holds a total of 70,478.1414 deferred stock units. These units are issued under the MGM Resorts International Deferred Compensation Plan for Non-Employee Directors and will become payable when he terminates his service as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Meister Keith A.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 836.645 | $47.81 | $40K |
Holdings After Transaction:
Deferred Stock Units — 70,478.141 shares (Direct, null)
Footnotes (1)
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Key Figures
Deferred stock units granted: 836.6451 units
Reference price per unit: $47.81 per unit
Total deferred stock units after grant: 70,478.1414 units
+1 more
4 metrics
Deferred stock units granted
836.6451 units
Grant of deferred stock units on 2026-06-30
Reference price per unit
$47.81 per unit
Value associated with 836.6451 deferred stock units
Total deferred stock units after grant
70,478.1414 units
Holdings following the reported transaction
Underlying security
Common Stock $.01 Par Value ND
Each deferred stock unit is economically equivalent to one share
Key Terms
Deferred Stock Units, Deferred Compensation Plan for Non-Employee Directors, economic equivalent, termination of service as a Director
4 terms
Deferred Stock Units financial
"Represents Deferred Stock Units ("DSUs") under the MGM Resorts International (the "Company") Deferred Compensation Plan for Non-Employee Directors."
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
"Represents Deferred Stock Units ("DSUs") 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."
termination of service as a Director financial
"The DSUs become payable upon the Reporting Person's termination of service as a Director."
FAQ
What insider transaction did Keith A. Meister report for MGM (MGM)?
Keith A. Meister reported receiving 836.6451 deferred stock units as a grant. These units are part of his compensation for serving as a director and are economically equivalent to MGM common stock under the company’s deferred compensation plan.
How many deferred stock units does Keith A. Meister now hold in MGM (MGM)?
After the latest grant, Keith A. Meister holds 70,478.1414 deferred stock units. Each unit represents the economic equivalent of one share of MGM Resorts International common stock and reflects his accumulated director compensation under the deferred compensation plan.
What are deferred stock units in the context of MGM (MGM)?
Deferred stock units are compensation instruments that mirror the value of MGM common stock. For MGM’s non-employee directors, these units accrue over time and become payable in shares or cash equivalent after the director’s service on the board ends.
When do Keith A. Meister’s MGM deferred stock units become payable?
The deferred stock units become payable when Keith A. Meister’s service as a director ends. At that time, the MGM Resorts International deferred compensation plan delivers value based on the number of units and the company’s common stock, as described in the plan.
Did Keith A. Meister buy or sell MGM (MGM) stock in the open market?
The reported transaction is a grant of deferred stock units, not an open-market trade. The filing shows an acquisition coded as a grant or award, reflecting director compensation rather than a discretionary market purchase or sale of MGM shares.
What price per unit is associated with Keith A. Meister’s MGM deferred stock grant?
The grant is associated with a reference value of $47.81 per deferred stock unit. This figure typically reflects the underlying MGM common stock value used to measure the award, though the units themselves are payable at the end of board service.