MGM Resorts (NYSE: MGM) director Joseph Levin exercises 6,675 RSUs and receives 6,298-unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MGM Resorts International director Joseph Levin reported routine equity compensation activity. He received a grant of 6,298 restricted stock units (RSUs), each representing one share of MGM common stock after they vest under the company’s 2022 Omnibus Incentive Plan.
Levin also exercised 6,675 RSUs into 6,675 shares of common stock as of May 6, 2026, leaving no RSUs from that prior award outstanding. Following these transactions, he holds 6,675 shares of common stock directly and 6,298 RSUs scheduled to vest on the earlier of May 7, 2027 or the next annual meeting, subject to plan terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,675 shares exercised/converted
Mixed
3 txns
Insider
LEVIN JOSEPH
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 | Common Stock $.01 Par Value ND | 6,675 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 6,298 shares (Direct, null);
Common Stock $.01 Par Value ND — 6,675 shares (Direct, null)
Footnotes (1)
- 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. 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 units
RSUs exercised: 6,675 units
Common shares after exercise: 6,675 shares
+3 more
6 metrics
RSUs granted
6,298 units
New RSU award under 2022 Omnibus Incentive Plan
RSUs exercised
6,675 units
Converted into common stock on May 6, 2026
Common shares after exercise
6,675 shares
Direct holdings following RSU conversion
RSUs from prior award remaining
0 units
Previously granted RSUs fully exercised
New RSU vesting date
Earlier of May 7, 2027 or next annual meeting
Vesting condition for 6,298 new RSUs
RSU-to-share ratio
1 RSU : 1 share
Each RSU delivers one MGM common share upon vesting
Key Terms
Restricted Stock Units, 2022 Omnibus Incentive Plan, derivative security, Grant, award, or other acquisition, +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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Common Stock $.01 Par Value ND financial
"underlying_security_title": "Common Stock $.01 Par Value ND""
FAQ
What insider transactions did MGM (MGM) director Joseph Levin report?
Joseph Levin reported an RSU grant and an option-like RSU exercise. He received 6,298 restricted stock units and exercised 6,675 RSUs into 6,675 shares of MGM common stock as part of his ongoing equity compensation.
What new restricted stock units did Joseph Levin receive from MGM (MGM)?
Levin received a grant of 6,298 restricted stock units under MGM’s 2022 Omnibus Incentive Plan. Each RSU represents the right to receive one share of MGM common stock after vesting, subject to the plan and the applicable award agreement.
When will Joseph Levin’s new MGM (MGM) RSUs vest?
The 6,298 new RSUs will vest on the earlier of May 7, 2027, or the date of MGM’s next annual meeting of stockholders. Vesting remains subject to the terms of the company’s 2022 Omnibus Incentive Plan and the related award agreement.
What happened to Joseph Levin’s previously granted MGM (MGM) RSUs?
Previously granted RSUs vested on May 6, 2026, under MGM’s plan and award terms. Levin then exercised 6,675 of those RSUs into 6,675 shares of common stock, leaving zero RSUs remaining from that earlier award after the conversion.