MGM Director Joseph Levin Receives $35K Deferred Stock Award

What Happened Joseph Levin, a director of MGM Resorts International (MGM), was granted 945.69 Deferred Stock Units (DSUs) on 2026-03-31. The award is valued at $35,000 based on a per-share value of $37.01. This was an award/grant (derivative) as part of director compensation, not an open-market purchase or sale.

Key Details

• Transaction date and terms: 2026-03-31 — 945.69 DSUs @ $37.01 per share, total value $35,000 (transaction code A: award/grant).
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnote: F1 — These are Deferred Stock Units under MGM’s Deferred Compensation Plan for Non-Employee Directors; each DSU equals the economic equivalent of one share and becomes payable upon the director’s termination of service.
• Filing timeliness: Report filed 2026-04-02; appears to be timely (Form 4 due within two business days for most director transactions).

Context DSUs are a form of deferred compensation for non-employee directors and represent a future payment tied to company stock value rather than an immediate equity purchase. Such grants are routine compensation and do not necessarily signal an insider’s short-term view of the stock.