Mgm Resorts SEC Filings

Gary M. Fritz, President, Interactive at MGM Resorts International (MGM), reported insider transactions dated 09/11/2025. He was granted 4,710 restricted stock units (RSUs) under the 2022 Omnibus Incentive Plan, each convertible into one share and vesting in three equal annual installments beginning on the first anniversary of the grant. On the same date he sold 1,881 common shares at $35.34 per share. Following these transactions, the filing shows 69,173 shares beneficially owned, and 9,422 derivative interests reported.

Keith A. Meister, reporting as a director affiliated with Corvex Management LP, reported the sale of 242,000 shares of MGM Resorts International on 09/11/2025 at a weighted-average price of $35.42 per share (sales ranged from $35.34 to $35.61). After the sale, the filing shows beneficial ownership of 5,385,478 shares held indirectly for accounts of private investment funds advised by Corvex. The filing disclaims that the reporting person directly beneficially owns these shares except to the extent of his pecuniary interest, and offers to provide details on the number of shares sold at each price upon request.

MGM Resorts International (MGM) Form 144 notifies a proposed sale of 242,000 shares of common stock through Goldman Sachs & Co. LLC, with an aggregate market value of $8,699,900.00 and an approximate sale date of 09/11/2025. The filing reports 272,191,042 shares outstanding for the issuer. The shares to be sold were acquired on 06/05/2019 in open-market purchases and were paid for in cash.

The filing also discloses a related sale in the past three months: Corvex-E LP sold 60,000 shares on 06/13/2025 for gross proceeds of $1,925,574.53. The filer attests there is no undisclosed material adverse information and includes the standard Rule 144 representations and signature/attestation language.

MGM Resorts amended Corey Sanders’ employment agreement to extend his term as Chief Operating Officer through December 31, 2025 with no change to his salary, target bonus or equity eligibility during that period. After the COO term, Mr. Sanders will remain employed as Senior Advisor to the CEO and President through December 31, 2026 to assist the CEO as requested. During the advisory period the company will pay a monthly salary of $25,000 and provide a potential bonus opportunity of up to $200,000, along with other benefits described in the amendment. A press release about his retirement and transition was issued on September 5, 2025. The filing attaches the full amendment as Exhibit 10.1 and a press release as Exhibit 99.1.

Schedule 13G/A (Amendment No. 3) – MGM Resorts International

Registered investment adviser Davis Selected Advisers reports beneficial ownership of 23,821,109 MGM common shares, representing 9.5 % of the outstanding class as of the 30 Jun 2025 measurement date. The filer holds sole voting power over 23,134,026 shares and sole dispositive power over the full 23,821,109 shares; no shared voting or dispositive power is disclosed. The firm certifies the position is held in the ordinary course of business and not for the purpose of influencing control. The filing is made under Rule 13d-1(b) as an institutional investment adviser (IA) and is signed by Vice President & Chief Compliance Officer Michaela McLoughry on 07 Aug 2025. Holding above the 5 % threshold confirms Davis Selected Advisers as a significant, but apparently passive, institutional shareholder in MGM.