TAYLOR DANIEL J 4
Research Summary
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MGM Director Daniel J. Taylor Sells 6,675 Shares
What Happened Daniel J. Taylor, a non-employee director of MGM Resorts International (MGM), disposed of 6,675 shares (reported as a sale) on 2026-05-22 at $38.44 per share, generating proceeds of $256,587. The Form 4 reporting the transaction was filed with the SEC on 2026-05-26 and lists the disposition as an open market or private sale.
Key Details
- Transaction date and price: 2026-05-22, 6,675 shares at $38.44 each.
- Total proceeds: $256,587.
- Shares owned after transaction: Not specified in this filing.
- Filing date: 2026-05-26 (four days after the transaction date).
- Footnote: The shares represent Deferred Stock Units (DSUs) under MGM’s Deferred Compensation Plan for Non-Employee Directors (each DSU = economic equivalent of one share; payable upon termination of director service).
Context The reported units are DSUs (deferred compensation) for a non-employee director rather than a fresh open-market purchase of company equity. Sales of deferred units or routine director compensation elections are common and do not necessarily signal a change in an insider’s view of the company. Retail investors tracking insider activity should weigh purchases more heavily as potential positive signals; disposals of DSUs often reflect compensation-plan mechanics or cash needs rather than directional bets on the stock.