SALEM PAUL J 4

What Happened

• Paul J. Salem, a non-employee director of MGM Resorts International (MGM), was granted 2,039.322 Deferred Stock Units (DSUs) on 2026-06-30. The DSUs were recorded at $47.81 each, representing a total award value of $97,500. The Form 4 classifies this as an award/grant (transaction code A) and as a derivative transaction.

Key Details

• Transaction date: 2026-06-30; Form 4 filed: 2026-07-02 (Accession No. 0000789570-26-000066).
• Units granted: 2,039.322 DSUs; price used for valuation: $47.81; total value: $97,500.
• Transaction type: Award/Grant (derivative), not an open-market purchase or sale.
• Shares owned after transaction: not reported on the Form 4.
• Footnote: The DSUs are granted under MGM’s Deferred Compensation Plan for Non-Employee Directors. Each DSU is the economic equivalent of one share and becomes payable upon the director’s termination of service.

Context

• DSUs are a common form of director compensation and represent a deferred, derivative right to the economic value of shares rather than an immediate purchase of stock. They typically do not indicate an immediate buy/sell trading intent and are paid out after the director leaves service.