Meister Keith A. 4
4 · MGM Resorts International · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
MGM Director Keith Meister Receives Deferred Stock Units Worth $40,000
What Happened
Keith A. Meister, a director of MGM Resorts International (MGM), was granted 836.645 Deferred Stock Units (DSUs) on June 30, 2026. The grant is reported at an award price of $47.81 per unit for a total economic value of $40,000. This transaction is an award (derivative) under MGM’s Deferred Compensation Plan for Non‑Employee Directors.
Key Details
- Transaction date: 2026-06-30; Report filed: 2026-07-02 (timely Form 4 filing).
- Transaction type: A = Award/Grant of derivative securities (DSUs).
- Units granted: 836.645 DSUs at $47.81 each; total reported value $40,000.
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnote: DSUs are the economic equivalent of one share of common stock and become payable when the director ends service (per filing footnote F1).
Context
DSUs are a deferred-compensation award, not an immediate purchase of shares; they represent future economic exposure to MGM common stock and are typically paid out when the director leaves the board. Grants to non-employee directors are common as part of routine board compensation and do not by themselves indicate a voting or trading decision.
Insider Transaction Report
- Award
Deferred Stock Units
[F1]2026-06-30$47.81/sh+836.645$40,000→ 70,478.141 total→ Common Stock $.01 Par Value ND (836.645 underlying)
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.