MGM Resorts: president, interactive Gary M. Fritz exercised 12,166 shares

What happened

• Gary M. Fritz, president, interactive, had 12,166 restricted stock units convert to 12,166 shares on Oct 7, 2026. The filing shows 4,858 shares were withheld to satisfy tax liabilities at $30.00 per share for $145,740. The conversion/exercise entries are reported as derivative transactions.

Key details

• Transaction dates and prices: Oct 7, 2026 — exercise/conversion (code M) 12,166 shares @ $0.00 (acquired); Oct 7, 2026 — tax withholding (code F) 4,858 shares @ $30.00 (disposed) for $145,740; Oct 7, 2026 — exercise/conversion (code M) 12,166 shares @ $0.00 (disposed, derivative).
• Shares owned after the transaction: not disclosed in the filing.
• Footnote: the shares came from restricted stock units (RSUs) granted under the MGM Resorts International 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 (F1).
• Filing date and timeliness: filed Oct 8, 2026; report covers Oct 7, 2026.

Why it may matter

• The filing shows conversion of RSUs and that 4,858 shares were withheld to cover tax liabilities rather than a separate open-market sale of all converted shares.
• This is a derivative conversion (code M) with a tax-withholding disposition (code F), not a market gift or a purchase (codes G/P).
• A filing does not show why the insider traded or why the company acted.