Todd Meinert - 03 Oct 2025 Form 4 Insider Report for MGM Resorts International (MGM)

Role: SVP & Chief Accounting Officer
Signature: /s/ Jessica Cunningham, Attorney-In-Fact
Issuer symbol: MGM
Transactions as of: 03 Oct 2025
Net transactions value: -$56,324
Form type: 4
Filing time: 07 Oct 2025, 20:47:37 UTC
Previous filing: 06 Oct 2025
Next filing: 08 Oct 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Meinert Todd	SVP & Chief Accounting Officer	3600 LAS VEGAS BLVD. SOUTH, LAS VEGAS	/s/ Jessica Cunningham, Attorney-In-Fact	07 Oct 2025	0001832044

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MGM	Common Stock $.01 Par Value ND	Options Exercise	$0	+1,388	+7.2%	$0.000000	20,562	03 Oct 2025	Direct
transaction	MGM	Common Stock $.01 Par Value ND	Tax liability	$11,468	-338	-1.6%	$33.93	20,224	03 Oct 2025	Direct
transaction	MGM	Common Stock $.01 Par Value ND	Award	$0	+4,581	+23%	$0.000000	24,805	03 Oct 2025	Direct	F1
transaction	MGM	Common Stock $.01 Par Value ND	Tax liability	$37,866	-1,116	-4.5%	$33.93	23,689	03 Oct 2025	Direct
transaction	MGM	Common Stock $.01 Par Value ND	Options Exercise	$0	+843	+3.6%	$0.000000	24,532	04 Oct 2025	Direct
transaction	MGM	Common Stock $.01 Par Value ND	Tax liability	$6,990	-206	-0.84%	$33.93	24,326	04 Oct 2025	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	MGM	Restricted Stock Units	Options Exercise	$0	-1,388	-50%	$0.000000	1,389	03 Oct 2025	Common Stock $.01 Par Value ND	1,388		Direct	F2
transaction	MGM	Restricted Stock Units	Options Exercise	$0	-843	-100%	$0.000000	0	04 Oct 2025	Common Stock $.01 Par Value ND	843		Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the vesting of 5,309.36644 performance share units (PSUs) granted on October 3, 2022, under the MGM Resorts International (Company) 2022 Omnibus Incentive Plan (Plan). Each PSU represented the right to receive between 0 and 1.6 shares of Company common stock depending upon the performance of the common stock from the grant date to the date that was three years after the grant date (Vesting Date), relative to a target price of $41.83 (Target Price). The Target Price is equal to 125% of the average closing price of Company common stock over the 60-calendar day period ending on the grant date. The number of shares issued per PSU, 0.8628210 shares, was calculated by dividing the ending average stock price by the Target Price. For this purpose, the ending average stock price is the average closing price of Company common stock over the 60-day period ending on the Vesting Date, as adjusted to include dividends paid during the term of the PSU.
F2	Restricted Stock Units ("RSUs") granted under the MGM Resorts International ("Company") 2022 Omnibus Incentive Plan. Each RSU represents the right to receive, following vesting, one share of Company common stock. The RSUs vest in four equal annual installments commencing on the first anniversary of the grant date.
F3	RSUs granted under the Plan. Each RSU represents the right to receive, following vesting, one share of Company common stock. The RSUs will vest in four equal annual installments commencing on the first anniversary of the grant date.