SALEM PAUL J 4
4 · MGM Resorts International · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
MGM Resorts Director Paul J. Salem Receives DSU Award
What Happened
Paul J. Salem, a non-employee director of MGM Resorts International (MGM), was awarded 2,634.423 Deferred Stock Units (DSUs) on March 31, 2026. The award is reported at an equivalent per-share value of $37.01, for a total reported value of $97,500. This was a grant/award (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date and filing: March 31, 2026 (Form 4 filed April 2, 2026). Filing appears to be within the normal Form 4 reporting window.
- Units and value: 2,634.423 DSUs at $37.01 per unit, total $97,500.
- Shares/units owned after transaction: Not specified in the filing.
- Footnote: The DSUs are granted under the Company’s Deferred Compensation Plan for Non-Employee Directors. Each DSU equals the economic value of one share and becomes payable when the director leaves board service (see footnote F1).
- Transaction type: Derivative award (A); not a cash purchase or sale.
Context: DSU grants to non-employee directors are routine compensation and represent deferred pay rather than an immediate market purchase. Because DSUs mimic the economic value of shares but are payable upon termination of service, they do not necessarily indicate a director’s near-term buying or selling intent.
Insider Transaction Report
- Award
Deferred Stock Units
[F1]2026-03-31$37.01/sh+2,634.423$97,500→ 118,201.942 total→ Common Stock $.01 Par Value ND (2,634.423 underlying)
- 1,702,500
Common Stock $.01 Par Value ND
Footnotes (1)
- [F1]Represents Deferred Stock Units ("DSUs") under the MGM Resorts International (the "Company") Deferred Compensation Plan for Non-Employee Directors. Each DSU is the economic equivalent of one share of Company common stock. The DSUs become payable upon the Reporting Person's termination of service as a Director.