Director trades MGM Resorts (NYSE: MGM) stock, retains 79,485 DSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MGM Resorts International director Daniel J. Taylor reported an indirect open-market sale by a grantor trust of 6,675 shares of common stock at $38.44 per share on May 22, 2026.
After this sale, an associated grantor trust continues to hold 79,484.8413 Deferred Stock Units, each economically equivalent to one share of MGM Resorts common stock and payable upon his termination of service as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,675 shares ($256,587)
Net Sell
2 txns
Insider
TAYLOR DANIEL J
Role
null
Sold
6,675 shs ($257K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock $.01 Par Value ND | 6,675 | $38.44 | $257K |
| holding | Deferred Stock Units | -- | -- | -- |
Holdings After Transaction:
Common Stock $.01 Par Value ND — 0 shares (Indirect, By grantor trust);
Deferred Stock Units — 79,484.841 shares (Indirect, By grantor trust)
Footnotes (1)
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Key Figures
Shares sold: 6,675 shares
Sale price per share: $38.44 per share
Deferred Stock Units held: 79,484.8413 DSUs
+1 more
4 metrics
Shares sold
6,675 shares
Indirect open-market sale on May 22, 2026
Sale price per share
$38.44 per share
MGM common stock sale by grantor trust
Deferred Stock Units held
79,484.8413 DSUs
Indirect holdings equivalent to MGM common shares
DSU exercise price
$0.0000
Deferred Stock Units under non-employee director plan
Key Terms
Deferred Stock Units, Deferred Compensation Plan for Non-Employee Directors, grantor trust
3 terms
Deferred Stock Units financial
"Represents Deferred Stock Units ("DSUs") under the MGM Resorts International (the "Company") Deferred Compensation Plan"
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
"under the MGM Resorts International (the "Company") Deferred Compensation Plan for Non-Employee Directors"
grantor trust financial
"nature_of_ownership": "By grantor trust"
A grantor trust is a legal arrangement where the person who puts assets into the trust keeps enough control or rights that, for tax and legal purposes, those assets are treated as still belonging to that person. For investors, that matters because income, gains and losses generated by the trust typically flow through to the grantor (or directly to investors) for tax reporting and distributions, affecting after-tax returns and cash flow predictability — think of it like a mailbox that forwards all the mail back to the sender rather than holding it inside.
FAQ
What insider transaction did MGM (MGM) report for Daniel J. Taylor?
MGM Resorts disclosed that a grantor trust associated with director Daniel J. Taylor sold 6,675 common shares on May 22, 2026 at $38.44 per share. The transaction was reported as an indirect open-market sale.
What Deferred Stock Units does Daniel J. Taylor hold in MGM (MGM)?
An associated grantor trust holds 79,484.8413 Deferred Stock Units (DSUs) for Daniel J. Taylor. Each DSU is the economic equivalent of one MGM common share and becomes payable when he terminates service as a non-employee director.
What are MGM (MGM) Deferred Stock Units mentioned in the filing?
The filing describes Deferred Stock Units (DSUs) under MGM’s Deferred Compensation Plan for Non-Employee Directors. Each DSU equals one MGM common share economically and is payable in stock when the director’s board service ends, rather than immediately.
Is Daniel J. Taylor’s MGM (MGM) position entirely sold after this Form 4?
The reported grantor trust common stock position is 0.0000 shares after selling 6,675 shares. However, the trust continues to hold 79,484.8413 Deferred Stock Units, providing ongoing economic exposure equivalent to the same number of MGM common shares.