Form 4: MGM Resorts Director Daniel J. Taylor Reports Stock Transaction

Director Daniel J. Taylor reports the disposition of 4,344 shares of MGM Resorts International common stock at a price of $41.0202 per share.

Summary

• On May 21, 2024, Daniel J. Taylor, a director of MGM Resorts International, reported a transaction involving the company's common stock.
• Taylor disposed of 4,344 shares at a price of $41.0202 per share.
• Following the transaction, Taylor indirectly owns 0 shares of common stock through a grantor trust.
• Taylor also indirectly owns 79,484.8413 Deferred Stock Units (DSUs) through a grantor trust, which are payable upon termination of service as a director.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock transaction by a company director. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The Deferred Stock Units (DSUs) become payable upon the Reporting Person's termination of service as a Director.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a change in beneficial ownership by a director of MGM Resorts International.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in ownership by a director.

Key Dates