Form 4: MGM Resorts Director Rose Mckinney-James Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


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

Summary

  • Rose Mckinney-James, a director of MGM Resorts International, filed a Form 4 detailing changes in beneficial ownership.
  • On May 2, 2025, Mckinney-James acquired 1,760 shares of common stock.
  • Additionally, 5,261 Restricted Stock Units (RSUs) vested, each representing the right to receive one share of MGM Resorts common stock.
  • 5,261 Deferred Stock Units (DSUs) also vested, each equivalent to one share of common stock, payable upon termination of service as a director.
  • Following these transactions, Mckinney-James directly owns 64,855.631 DSUs.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, and the transactions are part of a pre-existing compensation plan. Therefore, the sentiment is neutral.

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 of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the holdings and transactions of company directors.

Stakeholder Impact

  • The transactions provide transparency to shareholders regarding insider ownership.
  • The vesting of RSUs and DSUs aligns the director's interests with those of the shareholders.

Key Dates

DateDescription
05/02/2025Date of transaction, vesting of RSUs and DSUs.
05/06/2025Date of signature on the Form 4 filing.

Keywords

MGM Resorts International, Form 4, Director, Stock, RSU, DSU, Beneficial Ownership, Mckinney-James

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