Mgm Resorts SEC Filings

MGM Resorts International (MGM) reported Section 16 insider transactions by John McManus showing multiple award vestings and open-market dispositions in early October 2025. Performance share units (PSUs) and restricted stock units (RSUs) granted in 2022 vested, producing issuances of shares at no cash cost to the reporting person: 18,186 shares from PSUs on 10/03/2025 and 3,933 shares from RSUs on 10/04/2025. The filing also records several market sales: total disposals at an average sale price of $33.93 per share on 10/03/2025–10/04/2025, reducing beneficial ownership at points to as low as 39,688 shares and ending at 61,259 shares after the transactions. Explanations clarify PSU payout mechanics tied to a $41.83 target price and three‑year TSR performance versus the S&P 500, and RSU vesting schedules in four annual installments.

William Hornbuckle, CEO and President of MGM Resorts International (MGM), reported multiple equity transactions on 10/03/2025 and 10/04/2025. Various performance share units (PSUs) and restricted stock units (RSUs) vested, producing net issuances and resulting in combined beneficial ownership changes. The filing shows 172,781 shares held indirectly in trust and a direct beneficial ownership position that moved between 480,441 and 589,245 shares across reported transactions. Several dispositions were reported at a price of $33.93 per share, and multiple vesting events resulted in zero-price issuances for RSUs/PSUs converted to common stock. The PSU vesting included performance-based conversions tied to a Target Price $41.83 and total shareholder return comparisons over a three-year period.

Jonathan S. Halkyard, Chief Financial Officer of MGM Resorts International (MGM), reported multiple transactions dated 10/03/2025 showing vesting and partial sales of equity awards. Performance share units (PSUs) granted on 10/03/2022 and restricted stock units (RSUs) vested, producing issued shares and some sales executed at $33.93 per share.

The filing states 25,761.77802 PSUs and 24,213.671 PSUs vested under the 2022 Omnibus Incentive Plan, with one PSU delivering 0.8628210 shares in one calculation based on a $41.83 target price. Reported post-transaction beneficial ownership reached 115,550 shares (direct). Several sales were coded as F at $33.93; other issuances from vesting were recorded at $0.

Insider transactions by Gary M. Fritz at MGM Resorts International (MGM) show multiple equity changes on 10/03/2025. Mr. Fritz received shares from vesting equity awards and sold portions the same day. Performance Share Units (PSUs) granted on 10/03/2022 converted into shares at a formulaic payout, producing 35,129.42456 PSUs that yielded 30,310 shares (0.8628210 shares per PSU) based on relative stock performance and an ending average price compared to a $41.83 target price. Other PSUs tied to three‑year TSR awarded 22,419 shares. Restricted Stock Units (RSUs) also vested and 12,252 RSUs were reported as vested/issued. Offsetting these issuances, several sales under code F show dispositions at $33.93, including 4,893, 12,103, and 8,952 shares. The net effect increased beneficial ownership to 123,280 shares at the end of the reported transactions.

Officer transaction summary: An MGM Resorts International officer, Corey Ian Sanders, reported equity transactions on 10/02/2025. The filing shows 10,193 restricted stock units (RSUs) treated as acquired under code M and converted into 10,193 shares of common stock, recorded with a zero price per share. The report also lists a sale of 4,011 shares at $34.75 and indicates beneficial ownership of 281,530 shares held indirectly via a CIS Trust.

The RSUs vest in four equal annual installments starting on the first anniversary of the grant, and the reported transactions leave the reporting person with 20,386 directly owned shares after the RSU conversion. The form was signed by an attorney-in-fact on 10/06/2025.

MGM Resorts International (MGM) officer Todd Meinert reported equity transactions on 10/02/2025. He was granted 1,155 restricted stock units (RSUs) under the companys 2022 Omnibus Incentive Plan; each RSU converts to one share on vesting and the award vests in four equal annual installments starting on the first anniversary of the grant date. On the same date he sold 282 shares of common stock at a price of $34.75 per share. After these transactions he beneficially owns 19,456 shares (post-grant) as reported.

Insider transactions by John McManus at MGM Resorts International (MGM) show a mix of an award of restricted stock units and a partial sale of common shares. The filing reports 6,116 RSUs granted (each RSU converts to one share at vesting) recorded as an acquisition at a $0 price and shown as Code M. The reporting lines show a subsequent disposition of 2,407 shares sold at $34.75. Ownership totals moved from 37,637 shares to 35,230 shares following the sale. The RSUs vest in four equal annual installments beginning on the first anniversary of the grant, which creates a multi-year potential equity transfer to the reporting person.

MGM Resorts International (MGM) disclosed insider equity activity by its CEO and President. On 10/02/2025, 27,182 shares of common stock were acquired at $0 under code M, reflecting the conversion of vested RSUs. The filing also reports a disposition of 10,697 shares at $34.75 under code F, typically for tax withholding. Following these transactions, the reporting person directly owned 460,627 shares. RSU holdings after the event were 54,363 units, with awards vesting in four equal annual installments starting one year after grant.

Jonathan S. Halkyard, Chief Financial Officer of MGM Resorts International (MGM), reported changes in his beneficial ownership on 10/02/2025. He acquired 7,475 restricted stock units (RSUs) under the companys 2022 Omnibus Incentive Plan that vest in four equal annual installments beginning one year after grant. Those RSUs convert to shares at no cash price on vesting. Separately, he disposed of 2,942 shares at $34.75 each. After these transactions his reported beneficial ownership moved from 83,123 shares to 80,181 shares.