MGM Resorts director reports 1.50M-share purchase

The shares were held in private investment fund accounts advised by Corvex, whose general partner is controlled by the director.

Available on EDGAR 11/03/2026 - 04:36 PM EST Accepted by SEC EDGAR 11/03/2026 - 04:35 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

MGM Resorts International director Keith A. Meister reported three indirect purchases of common stock for accounts of private investment funds advised by Corvex Management LP. On October 30, 2026, the purchases were 233,998 shares at a weighted average price of $28.92, with individual prices ranging from $28.41 to $29.40, and 1,504,076 shares at a weighted average price of $29.75, ranging from $29.41 to $29.96.

On November 2, 2026, the funds purchased 7,518 shares at a weighted average price of $30.24, with individual prices ranging from $30.23 to $30.25. The purchases were not reported as made under a Rule 10b5-1 plan.

Insider Trade Summary

Net Buyer: 1,745,592 shares

Net Buy 3 txns

Insider Meister Keith A.

Role Director

Bought 1,745,592 shs ($51.74M)

Type	Security	Shares	Price	Value
Purchase	Common Stock F5, F2, F3	7,518	$30.24	$227K
Purchase	Common Stock F1, F2, F3	233,998	$28.92	$6.77M
Purchase	Common Stock F4, F2, F3	1,504,076	$29.75	$44.75M

Holdings After Transaction: Common Stock — 7,093,570 shares (Indirect, See Footnotes)

Footnotes (5)

1. F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $28.41 to $29.40, inclusive. The Reporting Person undertakes to provide to MGM Resorts International (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (1), (4) and (5) to this Form 4.
2. F2. These securities are held for the accounts of certain private investment funds for which Corvex Management LP ("Corvex") acts as investment adviser, including Corvex Master Fund LP, Corvex Select Equity Master Fund LP and Corvex-E LP. The general partner of Corvex is controlled by the Reporting Person.
3. F3. For purposes of Section 16 of the Securities Exchange Act of 1934, the Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
4. F4. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $29.41 to $29.96, inclusive.
5. F5. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $30.23 to $30.25, inclusive.

Key Figures

Common shares purchased: 233,998 shares Weighted average purchase price: $28.92 per share Common shares purchased: 1,504,076 shares +3 more

6 metrics

Common shares purchased 233,998 shares October 30, 2026

Weighted average purchase price $28.92 per share October 30, 2026; 233,998 shares

Common shares purchased 1,504,076 shares October 30, 2026

Weighted average purchase price $29.75 per share October 30, 2026; 1,504,076 shares

Common shares purchased 7,518 shares November 2, 2026

Weighted average purchase price $30.24 per share November 2, 2026; 7,518 shares

Key Terms

weighted average price, investment adviser, beneficial ownership, pecuniary interest

4 terms

weighted average price financial

"The price reported in Column 4 is a weighted average price"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

investment adviser financial

"Corvex acts as investment adviser"

An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.

beneficial ownership regulatory

"disclaims beneficial ownership of these securities"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

pecuniary interest financial

"except to the extent of his pecuniary interest therein"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many MGM shares did Keith A. Meister purchase, and at what prices?

Keith A. Meister reported indirect purchases of 233,998 shares at a $28.92 weighted average price and 1,504,076 shares at a $29.75 weighted average price on October 30, 2026, plus 7,518 shares at a $30.24 weighted average price on November 2, 2026. The purchases were not reported as made under a Rule 10b5-1 plan.

Who held Keith A. Meister's MGM shares?

The securities were held for accounts of certain private investment funds for which Corvex Management LP acts as investment adviser. Corvex's general partner is controlled by Meister, who disclaims beneficial ownership except to the extent of his pecuniary interest.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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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^*

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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/30/2026		P		233,998	A	$28.92(1)	5,581,976	I	See Footnotes(2)(3)
Common Stock	10/30/2026		P		1,504,076	A	$29.75(4)	7,086,052	I	See Footnotes(2)(3)
Common Stock	11/02/2026		P		7,518	A	$30.24(5)	7,093,570	I	See Footnotes(2)(3)

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

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $28.41 to $29.40, inclusive. The Reporting Person undertakes to provide to MGM Resorts International (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (1), (4) and (5) to this Form 4.

2. These securities are held for the accounts of certain private investment funds for which Corvex Management LP ("Corvex") acts as investment adviser, including Corvex Master Fund LP, Corvex Select Equity Master Fund LP and Corvex-E LP. The general partner of Corvex is controlled by the Reporting Person.

3. For purposes of Section 16 of the Securities Exchange Act of 1934, the Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.

4. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $29.41 to $29.96, inclusive.

5. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $30.23 to $30.25, inclusive.

	/s/ Keith Meister	11/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)