Form 4: MGM Resorts International Director Keith A. Meister Reports Stock Unit Transactions

Sentiment:

SEC Form 4


Director Keith A. Meister reports the vesting and conversion of restricted and deferred stock units into common stock.

Summary

  • Keith A. Meister, a director of MGM Resorts International, reported transactions involving restricted stock units (RSUs) and deferred stock units (DSUs) on May 2, 2025.
  • The RSUs, granted under the 2022 Omnibus Incentive Plan, vested on May 2, 2025, and were converted into 5,261 shares of common stock.
  • The DSUs, held under the Deferred Compensation Plan for Non-Employee Directors, also involved 5,261 units and are payable upon termination of service as a director.
  • Following these transactions, Meister directly owns 58,472.3197 DSUs.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.

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 executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company insiders.

Stakeholder Impact

  • The transactions provide transparency to shareholders regarding director stock ownership.
  • The vesting of RSUs and DSUs is part of the executive compensation plan, impacting the director's personal finances.

Key Dates

DateDescription
05/02/2025Date of RSU and DSU transactions.
05/02/2025RSUs vested pursuant to the terms of the Plan and applicable award agreement.
05/06/2025Date of signature for the Form 4 filing.

Keywords

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

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