LEVIN JOSEPH 4
4 · MGM Resorts International · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
MGM Director Joseph Levin Receives DSU Award Worth $35K
What Happened
Joseph Levin, a non‑employee director of MGM Resorts International (MGM), received an award of 732.064 Deferred Stock Units (DSUs) on 2026-06-30. The DSUs were valued at $47.81 each, for an aggregate reported value of $35,000. This transaction is coded as an award/acquisition (derivative), not an open‑market purchase.
Key Details
- Transaction date: 2026-06-30; Form 4 filed 2026-07-02.
- Shares/units granted: 732.064 DSUs at $47.81 per unit. Total reported value: $35,000.
- Type: Derivative award under the Deferred Compensation Plan for Non‑Employee Directors (code A).
- Shares owned after transaction: not specified on the provided filing.
- Footnote: Each DSU is the economic equivalent of one share of MGM common stock and becomes payable upon the reporting person’s termination of service as a director.
- No late‑filing flag is indicated in the provided data.
Context
DSUs are a form of director compensation and are payable in the future (typically upon leaving the board), so this award does not represent an immediate cash purchase or sale of stock. Such grants are routine for non‑employee directors and should be interpreted as compensation rather than a direct market signal of the director’s near‑term view.
Insider Transaction Report
- Award
Deferred Stock Units
[F1]2026-06-30$47.81/sh+732.064$35,000→ 1,677.755 total→ Common Stock $.01 Par Value ND (732.064 underlying)
- 6,675
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.