Form 4: MGM Resorts International 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

• Rose Mckinney-James, a director of MGM Resorts International, filed a Form 4 on January 3, 2025, reporting a transaction that occurred on December 31, 2024.
• The transaction involved the acquisition of 92.3521 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 DSUs become payable upon the Reporting Person's termination of service as a Director.
• Mckinney-James also directly owns 1,760 shares of Common Stock $.01 Par Value.
• Following the reported transaction, Mckinney-James beneficially owns 59,594.631 derivative securities.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing indicating a director's acquisition of deferred stock units, which is generally a positive sign but not significantly impactful.

Positives

• The acquisition of DSUs by a director can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

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

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates director Mckinney-James's ongoing investment in MGM Resorts International.

Stakeholder Impact

• The acquisition of DSUs by a director could have a slightly positive impact on shareholder sentiment.

Key Dates