MGM Resorts International: CFO Jonathan S Halkyard exercised 15,355 shares

What happened

• Jonathan S Halkyard, chief financial officer, exercised or converted derivatives and received RSUs. The filing shows an acquisition of 15,355 shares on Oct 6, 2026 (exercise/conversion) and a grant of 51,790 restricted stock units on Oct 5, 2026. The filing also reports 6,043 shares disposed on Oct 6, 2026 to satisfy a payment for exercise price or tax liability at $30.54 per share for $184,553.

Key details

• Transaction dates and prices:
  • Oct 5, 2026: grant of 51,790 RSUs @ $0.00 (derivative, award/grant).
  • Oct 6, 2026: exercise/conversion acquired 15,355 shares @ $0.00.
  • Oct 6, 2026: 6,043 shares disposed to pay exercise price or tax liability @ $30.54 for $184,553 (code F).
  • Oct 6, 2026: 15,355 shares disposed in a derivative transaction @ $0.00 (code M).
• Shares owned after the transactions: not stated in the filing excerpt provided.
• Footnotes: the RSUs are awards under the 2022 Omnibus Incentive Plan; each RSU represents the right to receive one share following vesting, and the RSUs vest in three equal annual installments commencing on the first anniversary of the grant date.
• Filing date: Oct 7, 2026 (reporting period Oct 5, 2026). The filing does not indicate a late filing flag.

Why it may matter

• The filing shows an exercise/conversion on Oct 6, 2026 with same-day disposals and shares withheld to cover taxes, which is consistent with a cashless-type settlement and tax withholding reported on the Form 4.
• The Oct 5, 2026 grant is an award of RSUs that vest over three years and are not an immediate market sale.
• A filing does not show why the insider traded or why the company acted.