Form 4: MGM Resorts Director Rose Mckinney-James Reports Acquisition of Deferred Stock Units

Director Rose Mckinney-James reports acquisition of deferred stock units in MGM Resorts International.

Summary

• On September 30, 2024, Rose Mckinney-James, a director of MGM Resorts International, acquired 81.8624 Deferred Stock Units (DSUs) at a price of $39.09.
• These DSUs are part of the MGM Resorts International Deferred Compensation Plan for Non-Employee Directors and are the economic equivalent of one share of MGM Resorts common stock.
• The DSUs become payable upon Mckinney-James' termination of service as a director.
• Following the transaction, Mckinney-James directly owns 1,760 shares of common stock and 59,502.2789 deferred stock units.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard director compensation practices and alignment of interests. There are no indications of negative events or concerns.

Future Outlook

The DSUs become payable upon the Reporting Person's termination of service as a Director.

Industry Context

This filing is a routine disclosure related to director compensation and holdings, common in publicly traded companies. It provides transparency regarding the alignment of director interests with shareholder value.

Comparison to Industry Standards

• Director compensation packages often include deferred stock units to incentivize long-term performance and align director interests with shareholder value, similar to practices at companies like Las Vegas Sands and Wynn Resorts.
• The vesting and payout terms of these DSUs are typical for director compensation plans, ensuring that directors remain invested in the company's success over time.

Stakeholder Impact

• The acquisition of DSUs by a director signals alignment with shareholder interests, potentially boosting investor confidence.
• The compensation structure incentivizes the director to focus on long-term value creation for the company.

Key Dates