Fritz Gary M 4

What Happened
Gary M. Fritz, President, Interactive at MGM Resorts International, had 2,259 restricted stock units (RSUs convert/vest) on July 1, 2026. The RSUs converted to 2,259 shares (exercise/conversion, code M at $0.00). To cover tax obligations (code F), 903 of those shares were surrendered/withheld at $47.52 per share for a value of $42,911. Net shares delivered to Fritz from this vesting: 1,356 shares.

Key Details

• Transaction date: 2026-07-01; filing date: 2026-07-02 (timely).
• Conversion: 2,259 RSUs converted to 2,259 shares (reported at $0.00 per share, code M).
• Tax withholding: 903 shares withheld/disposed at $47.52 each, total ~$42,911 (code F).
• Net shares issued to insider: 2,259 − 903 = 1,356 shares.
• Shares owned after the transaction: not specified in the Form 4 filing.
• Footnote: RSUs granted under the company's 2022 Omnibus Incentive Plan vest in three equal annual installments (F1).
• Filing timeliness: filed the next day; not indicated as late.

Context
This was a routine vesting of RSUs and a tax-withholding share surrender — not an open‑market sale or purchase. Code M denotes conversion/exercise of a derivative (here, RSU vesting), and code F indicates shares were withheld to satisfy tax withholding. Such transactions are common when equity awards vest and do not necessarily signal a change in insider sentiment.