Form 4: MGM Resorts International Director Paul Salem Reports Acquisition of Deferred Stock Units

Director Paul Salem reports acquisition of deferred stock units in MGM Resorts International.

Summary

• Paul Salem, a director of MGM Resorts International, reported a transaction on September 30, 2024.
• Salem acquired 2,494.2441 Deferred Stock Units (DSUs) under the MGM Resorts International Deferred Compensation Plan for Non-Employee Directors.
• Each DSU is equivalent to one share of MGM Resorts International common stock.
• The price of the stock at the time was $39.09.
• These DSUs will become payable upon Salem's termination of service as a director.
• Following the reported transaction, Salem beneficially owns 1,702,500 shares of common stock directly and 95,883.0604 Deferred Stock Units.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard director compensation practices and aligns director interests with company performance.

Future Outlook

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

Industry Context

This filing reflects standard compensation practices for non-employee directors, utilizing deferred stock units to align their interests with the long-term performance of the company.

Stakeholder Impact

• The acquisition of DSUs aligns the director's interests with those of the shareholders, potentially encouraging decisions that benefit the company's long-term performance.

Key Dates