MGM (NYSE: MGM) director receives new deferred stock unit grant

Rhea-AI Filing Summary

LEVIN JOSEPH reported acquisition or exercise transactions in this Form 4 filing.

MGM Resorts International director Joseph Levin received a grant of 945.6904 Deferred Stock Units under the company’s Deferred Compensation Plan for Non-Employee Directors. Each unit is economically equivalent to one share of MGM common stock and becomes payable when his board service ends, leaving him with 945.6904 DSUs reported after this award.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider LEVIN JOSEPH

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Stock Units	945.69	$37.01	$35K

Holdings After Transaction: Deferred Stock Units — 945.69 shares (Direct)

Footnotes (1)

1. [object Object]

Key Figures

Deferred Stock Units granted: 945.6904 units Reference price per unit: $37.0100 per unit Deferred Stock Units after transaction: 945.6904 units +2 more

5 metrics

Deferred Stock Units granted 945.6904 units Compensation award on 2026-03-31

Reference price per unit $37.0100 per unit Transaction price per Deferred Stock Unit

Deferred Stock Units after transaction 945.6904 units Total DSUs reported following the award

Underlying common shares 945.6904 shares Common stock economically linked to DSUs

Conversion or exercise price $0.0000 DSUs under deferred compensation plan

Key Terms

Deferred Stock Units, Deferred Compensation Plan for Non-Employee Directors, economic equivalent, termination of service as a Director, +1 more

5 terms

Deferred Stock Units financial

"Represents Deferred Stock Units ("DSUs") under the MGM Resorts International"

Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.

Deferred Compensation Plan for Non-Employee Directors financial

"under the MGM Resorts International (the "Company") Deferred Compensation Plan for Non-Employee Directors."

economic equivalent financial

"Each DSU is the economic equivalent of one share of Company common stock."

termination of service as a Director financial

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

grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

LEVIN JOSEPH

(Last) (First) (Middle)

3600 LAS VEGAS BLVD. SOUTH

(Street)

LAS VEGAS NEVADA 89109

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
MGM Resorts International [ MGM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Deferred Stock Units	(1)	03/31/2026		A		945.6904		(1)	(1)	Common Stock $.01 Par Value ND	945.6904	$37.01	945.6904	D

Explanation of Responses:

1. Represents Deferred Stock Units ("DSUs") under the MGM Resorts International (the "Company") Deferred Compensation Plan for Non-Employee Directors. Each DSU is the economic equivalent of one share of Company common stock. The DSUs become payable upon the Reporting Person's termination of service as a Director.

	/s/ Jessica Cunningham, Attorney-In-Fact	04/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did MGM (MGM) director Joseph Levin report in this Form 4?

Joseph Levin reported receiving 945.6904 Deferred Stock Units as a compensation-related award. These units are tied to MGM common stock and were granted under the company’s Deferred Compensation Plan for Non-Employee Directors, increasing his reported deferred stock unit holdings to 945.6904 after the transaction.

What are Deferred Stock Units in the MGM (MGM) Form 4 filing?

Deferred Stock Units, or DSUs, are bookkeeping entries that mirror MGM common stock. Each DSU is the economic equivalent of one share and is typically paid out in stock or cash at a later date, such as when a director’s board service terminates.

How many MGM (MGM) Deferred Stock Units did Joseph Levin receive?

Joseph Levin received 945.6904 Deferred Stock Units as a grant or award. Following this transaction, his total reported holdings of these DSUs are 945.6904, all directly owned, reflecting compensation for his role as a non-employee director of MGM Resorts International.

When do Joseph Levin’s MGM (MGM) Deferred Stock Units become payable?

The Deferred Stock Units become payable when Joseph Levin’s service as a director ends. At that time, MGM’s plan provides for settlement of the DSUs, which are designed to track the value of MGM common stock until his board tenure concludes.

Does this MGM (MGM) Form 4 show an open-market buy or sell of shares?

No, this Form 4 shows a grant of Deferred Stock Units, not an open-market trade. The transaction is coded as an acquisition related to compensation, with no indication of MGM shares being bought or sold in the market by Joseph Levin.