MGM director granted 6,298 RSUs, exercises 6,675
MGM Resorts International director Janet Swartz reported equity compensation activity.
Rhea-AI Filing Summary
MGM Resorts International director Janet Swartz reported equity compensation activity. On May 7, 2026, she was granted 6,298 Restricted Stock Units (RSUs) under the company’s 2022 Omnibus Incentive Plan, each RSU representing one share of common stock upon vesting.
On May 6, 2026, RSUs covering 6,675 shares vested and were converted into the same number of shares of common stock. Following these transactions, she holds 11,936 shares of common stock directly and 55,142 shares indirectly in a trust. These are compensation-related awards and exercises, with no open‑market purchases or sales reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,675 shares exercised/converted
Exercise
4 txns
Insider
Swartz Janet
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 6,298 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 6,675 | $0.00 | $0.00 |
| Exercise | Common Stock $.01 Par Value ND | 6,675 | $0.00 | $0.00 |
| holding | Common Stock $.01 Par Value ND | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 6,298 contracts (Direct);
Common Stock $.01 Par Value ND — 11,936 shares (Direct);
Common Stock $.01 Par Value ND — 55,142 shares (Indirect, In trust)
Footnotes (4)
- F1. Reflects an adjustment to the previously reported balance to account for a transfer of common stock from direct holdings to a trust on September 16, 2025.
- F2. 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.
- F3. The RSUs vested on May 6, 2026, pursuant to the terms of the Plan and applicable award agreement.
- F4. The RSUs will vest upon the earlier of (i) May 7, 2027 or (ii) the date of the Company's next annual meeting of stockholders, in each case subject to the terms of the Plan and applicable award agreement.
Key Figures
RSUs granted: 6,298 RSUs
RSUs vested and converted: 6,675 shares
Direct common stock holdings: 11,936 shares
+3 more
6 metrics
RSUs granted
6,298 RSUs
Grant on May 7, 2026 under 2022 Omnibus Incentive Plan
RSUs vested and converted
6,675 shares
RSUs vested and converted to common stock on May 6, 2026
Direct common stock holdings
11,936 shares
Direct ownership after reported transactions
Indirect trust holdings
55,142 shares
Common stock held indirectly in trust after adjustment
Exercise-related derivative transactions
1 exercise, 6,675 shares
Derivative exercise/conversion activity summarized in transaction data
New RSU position after grant
6,298 RSUs
Total RSUs following May 7, 2026 grant
Key Terms
Restricted Stock Units, 2022 Omnibus Incentive Plan, derivative security, In trust, +1 more
5 terms
Restricted Stock Units financial
"Restricted Stock Units ("RSUs") granted under the MGM Resorts International ("Company") 2022 Omnibus Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2022 Omnibus Incentive Plan financial
"RSUs granted under the MGM Resorts International ("Company") 2022 Omnibus Incentive Plan (the "Plan")"
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
In trust financial
"direct_or_indirect": "I","nature_of_ownership": "In trust""
vesting financial
"The RSUs vested on May 6, 2026, pursuant to the terms of the Plan"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transactions did MGM (MGM) director Janet Swartz report?
Janet Swartz reported equity compensation transactions, not open-market trades. She received 6,298 new Restricted Stock Units on May 7, 2026 and had 6,675 RSUs vest and convert into common shares on May 6, 2026, increasing her direct share ownership.
How many MGM (MGM) Restricted Stock Units were granted to Janet Swartz?
Janet Swartz was granted 6,298 Restricted Stock Units. The grant occurred on May 7, 2026 under MGM Resorts International’s 2022 Omnibus Incentive Plan. Each RSU represents the right to receive one share of MGM common stock after it vests, subject to plan and award terms.
When will Janet Swartz’s new MGM (MGM) RSUs vest?
The 6,298 new RSUs will vest on the earlier of two dates. They vest on May 7, 2027, or on the date of MGM’s next annual meeting of stockholders, whichever occurs first, provided the conditions of the 2022 Omnibus Incentive Plan and award agreement are satisfied.
What does the trust holding mean in Janet Swartz’s MGM (MGM) Form 4?
The Form 4 shows 55,142 MGM shares held indirectly in a trust. This is indicated as “In trust,” meaning those shares are owned through a trust rather than in her personal name, providing indirect ownership separate from her 11,936 directly held shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
