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MGM Resorts (NYSE: MGM) director awarded 836 deferred stock units as board pay

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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)
  1. [object Object]
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
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."
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Meister Keith A.

(Last)(First)(Middle)
C/O CORVEX MANAGEMENT LP 667 MADISON AVE

(Street)
NEW YORK NEW YORK 10065

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MGM Resorts International [ MGM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Stock Units(1)06/30/2026A836.6451 (1) (1)Common Stock $.01 Par Value ND836.6451$47.8170,478.1414D
Explanation of Responses:
1. 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.
/s/ Jessica Cunningham, Attorney-In-Fact07/02/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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.