MGM CFO acquires shares via RSU vesting
MGM Resorts International chief financial officer Jonathan S. Halkyard reported equity award activity involving restricted stock units (RSUs).
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Rhea-AI Filing Summary
MGM Resorts International chief financial officer Jonathan S. Halkyard reported equity award activity involving restricted stock units (RSUs). On February 23 and 24, RSUs granted under company incentive plans were converted into a total of 6,083 shares of common stock at no cash exercise price. To cover tax obligations on these vestings, a total of 1,776 shares of common stock were withheld and disposed of at prices of $34.25 and $35.05 per share. After these transactions, Halkyard directly held 118,797 shares of MGM common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,909 | $0.00 | $0.00 |
| Exercise | Common Stock $.01 Par Value ND | 2,909 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock $.01 Par Value ND | 1,077 | $35.05 | $38K |
| Exercise | Restricted Stock Units | 3,174 | $0.00 | $0.00 |
| Exercise | Common Stock $.01 Par Value ND | 3,174 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock $.01 Par Value ND | 699 | $34.25 | $24K |
Footnotes (3)
- F1. Restricted Stock Units (RSUs) granted under the MGM Resorts International (Company) 2022 Omnibus Incentive Plan. Each RSU represents the right to receive one share of Company common stock. Any fractional shares are paid in cash upon settlement.
- F2. The RSUs are fully vested. Delivery of shares is made in four equal annual installments commencing on the first anniversary of the grant date.
- F3. RSUs granted under the MGM Resorts International Amended and Restated 2005 Omnibus Incentive Plan. Each RSU represents the right to receive one share of Common Stock.
FAQ
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What did MGM (MGM) CFO Jonathan Halkyard report in this Form 4?
Were the MGM (MGM) transactions open-market buys or sells?
Which incentive plans governed the MGM (MGM) RSU awards for the CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.