TAYLOR DANIEL J 4

What Happened
Daniel J. Taylor, a non‑employee director of MGM Resorts International, had 6,675 derivative units exercised/converted on May 6, 2026 (no cash paid) and was awarded 6,298 restricted stock units on May 7, 2026. The transactions reflect vested/converted equity awards and a subsequent RSU grant under the company’s director compensation plans, not an open‑market buy or sale.

Key Details

• Transaction dates and types: May 6, 2026 — exercise/conversion of derivative (6,675 units) at $0.00; May 7, 2026 — grant/award of RSUs (6,298 units) at $0.00. Filing date: May 8, 2026.
• $ amount exchanged: $0 — these were equity unit conversions/grants, not cash transactions.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnotes of note:
  • F1: DSUs are Deferred Stock Units for non‑employee directors; each DSU equals one share and is payable on termination of service.
  • F2/F3: The May 6 items relate to RSUs that vested on May 6, 2026.
  • F4: The May 7 RSU grant will vest on the earlier of May 7, 2027 or the company’s next annual meeting, per the award agreement.
• Timeliness: Filing was submitted two days after the period of report date (filed May 8 for transactions on May 6–7), and is not marked late.

Context
These entries reflect director compensation and deferred/awarded equity (DSUs/RSUs), which are routine non‑market transactions used to compensate and defer pay for directors. Because the units were granted/converted at $0 in the filing and many RSUs/DSUs are payable or settle later, these transactions do not represent an immediate cash purchase or sale of common stock.