Form 4: MGM Resorts Director Mary Chris Jammet Reports Stock Sale
SEC Form 4 Filing
Director Mary Chris Jammet sold 4,344 shares of MGM Resorts International stock at a price of $41.1101 on May 20, 2024.
Summary
- On May 20, 2024, Mary Chris Jammet, a director of MGM Resorts International, sold 4,344 shares of common stock.
- The sale price was $41.1101 per share.
- Following the transaction, Jammet directly owns 5,250 shares of MGM Resorts International.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by a director. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure of a transaction by a company insider. It provides transparency to the market regarding the trading activities of individuals with access to non-public information.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by shareholders if they interpret it as a lack of confidence in the company's future, although this single transaction is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 05/20/2024 | Date of stock sale transaction |
| 05/21/2024 | Date of signature by Attorney-In-Fact |
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