Molino Ayesha Khanna 4

What Happened

• Ayesha Khanna Molino, Chief Operating Officer of MGM Resorts International, had 299 restricted stock units (RSUs) convert into 299 shares on March 1, 2026 (recorded as a derivative exercise/conversion). Of those, 73 shares were surrendered to cover withholding taxes at $36.86 per share for a total tax withholding of $2,691. The conversion shows a $0.00 exercise price (typical for RSUs), leaving a net 226 shares issued to her. No open-market sale of shares was reported.

Key Details

• Transaction date: 2026-03-01; Form 4 filed: 2026-03-03 (appears timely).
• Conversion: 299 RSUs → 299 shares (transaction code M, $0.00 per share).
• Tax withholding: 73 shares withheld (transaction code F) at $36.86 = $2,691.
• Net shares received: 226 (299 converted − 73 withheld).
• Shares owned after transaction: not disclosed in the provided excerpt.
• Footnote: F1 — RSUs were granted under MGM’s Amended and Restated 2005 Omnibus Incentive Plan; RSUs vest in four equal annual installments beginning one year after grant.

Context

• This was an RSU vesting and tax-withholding event (not a market sale). Withholding shares to satisfy taxes is a routine administrative step and does not necessarily indicate a buy or sell signal. Transaction codes: M = exercise/conversion of a derivative (here, RSU conversion); F = payment of exercise price or tax liability (share withholding).