Form 4: MGM Resorts Director Keith Barr Reports Stock Transactions
SEC Form 4
Director Keith Barr reports acquisition and vesting of restricted stock units and deferred stock units in MGM Resorts International.
Summary
- On May 7, 2025, Director Keith Barr vested 4,082 Restricted Stock Units (RSUs) and 4,082 Deferred Stock Units (DSUs) in MGM Resorts International.
- Barr also acquired 6,675 RSUs on May 8, 2025, which will vest on the earlier of May 8, 2026, or the date of the company's next annual meeting of stockholders.
- The reported transactions involve common stock valued at $0.01 par value.
- The RSUs were granted under the MGM Resorts International 2022 Omnibus Incentive Plan.
- The DSUs are part of the Deferred Compensation Plan for Non-Employee Directors and become payable upon termination of service as a Director.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing regarding stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.
Future Outlook
The acquired RSUs will vest on the earlier of May 8, 2026, or the date of the company's next annual meeting of stockholders, subject to the terms of the MGM Resorts International 2022 Omnibus Incentive Plan.
Industry Context
This filing is a routine disclosure of stock transactions by a company director, which is common in publicly traded companies. It provides transparency into the holdings and transactions of key personnel.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the potential dilution from the vesting of stock units.
Key Dates
| Date | Description |
|---|---|
| 05/07/2025 | Vesting of 4,082 Restricted Stock Units |
| 05/07/2025 | Vesting of 4,082 Deferred Stock Units |
| 05/08/2025 | Acquisition of 6,675 Restricted Stock Units |
| 05/08/2026 | Potential vesting date for 6,675 Restricted Stock Units |
| 05/09/2025 | Date of signature for the report |
Keywords
MGM Resorts International, Keith Barr, RSU, DSU, Director, Stock Options, Beneficial Ownership, Form 4
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