Form 4: MGM Resorts International Director Acquires Deferred Stock Units

Director Keith A. Meister reports acquisition of deferred stock units in MGM Resorts International.

Summary

• On March 31, 2025, Keith A. Meister, a director of MGM Resorts International, acquired 1,349.5277 deferred stock units (DSUs) at a price of $29.64.
• Following the transaction, Meister directly owns 53,211.3197 DSUs.
• These DSUs are part of the MGM Resorts International Deferred Compensation Plan for Non-Employee Directors and are payable upon termination of service as a director.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. It reflects a director increasing their stake in the company, which is generally seen as a positive sign, but it's a routine transaction related to compensation.

Positives

• The acquisition of deferred stock units by a director signals confidence in the company's future performance.

Future Outlook

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

Industry Context

This filing is a routine disclosure of a director's compensation in the form of deferred stock units, which is a common practice in corporate governance to align the interests of directors with those of shareholders.

Comparison to Industry Standards

• Deferred stock units are a common form of compensation for non-employee directors across various industries, including companies like Las Vegas Sands and Wynn Resorts, which also operate in the gaming and hospitality sector.
• The vesting and payout terms, typically upon termination of service, are also standard practice to ensure long-term commitment and alignment with shareholder value.

Stakeholder Impact

• The acquisition of deferred stock units by a director can positively influence shareholder confidence.

Key Dates

Keywords

MGM Resorts International, Deferred Stock Units, Director, Beneficial Ownership, Form 4, Keith A. Meister