MGM Resorts International·4

May 8, 6:48 PM ET

Mckinney-James Rose 4

4 · MGM Resorts International · Filed May 8, 2026

Research Summary

AI-generated summary of this filing

Updated

MGM Director Rose Mckinney-James Converts RSUs, Receives 6,298 RSUs

What Happened

  • Rose Mckinney-James, a director of MGM Resorts International (MGM), had previously awarded restricted/deferred stock units convert/settle on May 6, 2026 (derivative code M) and received a new grant of 6,298 RSUs on May 7, 2026 (grant code A). The May 6 entries show conversions/exercises of 3,338 and 3,337 units (both acquired and disposed in equal amounts), and the May 7 grant reports acquisition of 6,298 RSUs. All transactions are award-based and reported with a $0 per-share price (no cash purchase or sale).

Key Details

  • Transaction dates and codes: 2026-05-06 (M — exercise/conversion of derivative); 2026-05-07 (A — grant/award).
  • Quantity: net activity on 5/6 shows 6,675 units processed (3,338 + 3,337 acquired and the same amounts disposed); 5/7 grant of 6,298 RSUs.
  • Price/value: $0.00 per share for all listed transactions (these are equity awards/settlements, not open-market trades).
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Footnotes of note:
    • F1/F2: RSUs granted under the 2022 Omnibus Incentive Plan; certain RSUs vested on May 6, 2026.
    • F3: DSUs are deferred stock units payable upon termination of director service.
    • F4: The 6,298 RSUs will vest on the earlier of May 7, 2027 or the next annual meeting, per the award agreement.
  • Filing timeliness: Form 4 filed 2026-05-08 for transactions on 2026-05-06/07 — appears timely (no late filing indicated).

Context

  • The M code indicates conversion/exercise of derivative awards (RSUs/DSUs), not an open-market buy or sale. The equal acquired and disposed derivative entries on 5/6 reflect award settlement/processing rather than a cash sale; the filing shows no cash proceeds.
  • The May 7 entry is a new RSU grant that vests in the future per the award terms — this is typical compensation for directors and does not, by itself, imply a market view.
  • For retail investors: award conversions and new grants are common non-cash director compensation events; purchases (cash buys) are generally more informative about insider sentiment.

Insider Transaction Report

Form 4
Period: 2026-05-06
Transactions
  • Exercise/Conversion

    Common Stock $.01 Par Value ND

    2026-05-06+3,3385,098 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F2]
    2026-05-063,3383,337 total
    Common Stock $.01 Par Value ND (3,338 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F2]
    2026-05-063,3370 total
    Common Stock $.01 Par Value ND (3,337 underlying)
  • Exercise/Conversion

    Deferred Stock Units

    [F3]
    2026-05-06+3,33768,192.631 total
    Common Stock $.01 Par Value ND (3,337 underlying)
  • Award

    Restricted Stock Units

    [F1][F4]
    2026-05-07+6,2986,298 total
    Common Stock $.01 Par Value ND (6,298 underlying)
Footnotes (4)
  • [F1]Restricted Stock Units ("RSUs") granted under the MGM Resorts International ("Company") 2022 Omnibus Incentive Plan (the "Plan"). Each RSU represents the right to receive, following vesting, one share of Company common stock.
  • [F2]The RSUs vested on May 6, 2026, pursuant to the terms of the Plan and applicable award agreement.
  • [F3]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.
  • [F4]The RSUs will vest upon the earlier of (i) May 7, 2027 or (ii) the date of the Company's next annual meeting of stockholders, in each case subject to the terms of the Plan and applicable award agreement.
Signature
/s/ Jessica Cunningham, Attorney-In-Fact|2026-05-08

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT