STOCK TITAN
  1. Home
  2. Sec-filings
  3. MGM
  4. [Form 4] MGM Resorts International Insider Trading Activity

MGM (MGM) director Salem granted 6,298 RSUs and shifts 1.70M shares to trust

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

MGM Resorts International director Paul J. Salem reported equity-based compensation and related share movements. He received a grant of 6,298 restricted stock units (RSUs) on May 7, 2026, each representing one future share of common stock upon vesting.

On May 6, 2026, 6,675 previously granted RSUs vested and were settled into common stock, and 6,675 deferred stock units (DSUs) were converted into common stock at no cash cost, bringing his direct common stock holdings to 124,876.9424 shares. A separate footnote discloses that 1,702,500 shares of common stock were transferred from direct ownership into a grantor retained annuity trust, which now holds those shares as an indirect position.

Positive

  • None.

Negative

  • None.
Insider SALEM PAUL J
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 6,298 $0.00 --
Exercise Restricted Stock Units 6,675 $0.00 --
Exercise Deferred Stock Units 6,675 $0.00 --
holding Common Stock $.01 Par Value ND -- -- --
Holdings After Transaction: Restricted Stock Units — 6,298 shares (Direct, null); Deferred Stock Units — 124,876.942 shares (Direct, null); Common Stock $.01 Par Value ND — 1,702,500 shares (Indirect, In trust)
Footnotes (1)
  1. On May 5, 2026, the Reporting Person transferred 1,702,500 shares of common stock from direct holdings to a grantor retained annuity trust. 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. The RSUs vested on May 6, 2026, pursuant to the terms of the Plan and applicable award agreement. 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. 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.
New RSU grant 6,298 units Restricted Stock Units granted on May 7, 2026
RSUs settled 6,675 units Previously granted RSUs vested and settled on May 6, 2026
DSUs converted 6,675 units Deferred Stock Units converted into common stock on May 6, 2026
Direct common stock holding 124,876.9424 shares Direct MGM common stock after reported transactions
Indirect trust holding 1,702,500 shares Shares transferred into a grantor retained annuity trust on May 5, 2026
Derivative exercises 13,350 units Total RSUs and DSUs exercised or converted (6,675 each)
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.
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.
grantor retained annuity trust financial
"transferred 1,702,500 shares of common stock from direct holdings to a grantor retained annuity trust"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
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"
2022 Omnibus Incentive Plan financial
"RSUs granted under the MGM Resorts International ("Company") 2022 Omnibus Incentive Plan (the "Plan")"
Form 4 Insider Transactions: What Each Field Means →
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*
SALEM PAUL J
(Last)(First)(Middle)
3600 LAS VEGAS BLVD. SOUTH
(Street)
LAS VEGAS NEVADA 89109
(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)
05/06/2026		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
Common Stock $.01 Par Value ND1,702,500(1)IIn trust
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
Restricted Stock Units(2)05/06/2026M6,675 (3) (3)Common Stock $.01 Par Value ND6,675$00D
Deferred Stock Units(4)05/06/2026M6,675 (4) (4)Common Stock $.01 Par Value ND6,675$0124,876.9424D
Restricted Stock Units(2)05/07/2026A6,298 (5) (5)Common Stock $.01 Par Value ND6,298$06,298D
Explanation of Responses:
1. On May 5, 2026, the Reporting Person transferred 1,702,500 shares of common stock from direct holdings to a grantor retained annuity trust.
2. 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.
3. The RSUs vested on May 6, 2026, pursuant to the terms of the Plan and applicable award agreement.
4. 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.
5. 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.
/s/ Jessica Cunningham, Attorney-In-Fact05/08/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did MGM (MGM) director Paul J. Salem receive in this Form 4 filing?

Paul J. Salem received a grant of 6,298 restricted stock units. Each RSU represents one share of MGM common stock that he can receive after the units vest, subject to the company’s 2022 Omnibus Incentive Plan and the related award agreement.

How many MGM (MGM) shares does Paul J. Salem now hold directly after these transactions?

After the reported vesting and conversions, Paul J. Salem directly holds 124,876.9424 shares of MGM common stock. This reflects settlement of 6,675 restricted stock units and conversion of 6,675 deferred stock units into common stock at no cash exercise price.

What happened to the 1,702,500 MGM (MGM) shares mentioned in the Form 4 footnote?

A footnote states that 1,702,500 MGM common shares were transferred from Paul J. Salem’s direct holdings to a grantor retained annuity trust. Following this transfer, these shares are reported as held indirectly in trust, rather than as part of his direct ownership position.

What are the deferred stock units (DSUs) reported for MGM (MGM) director Paul J. Salem?

The filing describes deferred stock units under MGM’s Deferred Compensation Plan for Non-Employee Directors. Each DSU is economically equivalent to one share of common stock and becomes payable when Salem’s service as a director ends, providing stock-based compensation deferred until that time.

When will the newly granted RSUs to MGM (MGM) director Paul J. Salem vest?

The RSUs granted on May 7, 2026 will vest on the earlier of May 7, 2027 or the date of MGM’s next annual stockholder meeting. Vesting is subject to the terms of the 2022 Omnibus Incentive Plan and the applicable award agreement described in the footnotes.