MGM Resorts CAO Todd Meinert Reports Routine RSU Vesting and Equity Grant
MGM Resorts International
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Filing Summary
MGM Resorts International ($MGM) — Form 4 Filing Summary • Insider: Todd Meinert (SVP & Chief Accounting Officer) • Transaction Date: October 6, 2026 • Activity: Routine RSU Vesting & Tax Withholding • Shares Withheld for Taxes: 458 shares @ $30.54 ($13,987.32) • Shares Acquired via Vesting: 1,879 shares • New Derivative Grant: 6,340 RSUs granted on October 5, 2026 • Direct Shares Owned After: 31,614 shares • Significance: Low (Standard equity award and tax settlement)
Comprehensive Analysis
Executive Summary
On October 7, 2026, MGM Resorts International (NYSE: MGM) filed a Form 4 on behalf of Todd Meinert, Senior Vice President and Chief Accounting Officer. The filing reflects routine equity compensation activity, consisting of an award of new restricted stock units (RSUs), the vesting of existing RSUs, and mandatory share withholding to satisfy tax obligations.
Transaction Breakdown
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Equity Award (October 5, 2026):
- Received a grant of 6,340 RSUs under the MGM Resorts International 2022 Omnibus Incentive Plan.
- The award vests in three equal annual installments beginning on the first anniversary of the grant date (October 5, 2027).
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RSU Vesting & Conversion (October 6, 2026):
- 1,879 RSUs vested and were converted into common stock on a 1-for-1 basis at $0 per share (Transaction Code M).
- Following the vesting, Meinert retains 3,760 RSUs from this tranche.
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Tax Withholding (October 6, 2026):
- 458 shares were disposed of at a price of $30.54 per share to cover statutory tax withholding liabilities (Transaction Code F).
- Total disposition value was approximately $13,987.32.
- Following these transactions, direct common stock ownership stands at 31,614 shares.
Trading Significance
This filing carries Low trading significance as the transactions were entirely non-discretionary and part of normal executive equity compensation administration, involving neither discretionary open-market purchases nor open-market sales.
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