MGM Resorts DEF 14A: Executive Compensation Details

Ticker: MGM · Form: DEF 14A · Filed: 2025-03-28T00:00:00.000Z

Sentiment: neutral

Topics: executive-compensation, proxy-statement, governance

Related Tickers: MGM

TL;DR

MGM's 2025 DEF 14A drops: Executive pay details for Hornbuckle & Murren, equity award valuations are in.

AI Summary

MGM Resorts International filed its DEF 14A on March 28, 2025, detailing executive compensation and corporate governance for the fiscal year ending December 31, 2024. The filing includes information on reported values of equity awards granted, outstanding and unvested awards, and changes in the fair value of these awards for key executives like Mr. Hornbuckle and Mr. Murren.

Why It Matters

This filing provides crucial transparency into how MGM Resorts compensates its top executives, which can influence investor decisions and perceptions of the company's management and financial health.

Risk Assessment

Risk Level: medium — DEF 14A filings are routine disclosures, but they can reveal significant information about executive compensation and potential shareholder concerns that might impact stock price.

Key Numbers

2024 — Fiscal Year (Reporting period for executive compensation)
20250328 — Filing Date (Date the DEF 14A was submitted to the SEC)

Key Players & Entities

MGM Resorts International (company) — Filer of the DEF 14A
Mr. Hornbuckle (person) — Executive mentioned in compensation details
Mr. Murren (person) — Executive mentioned in compensation details
20250328 (date) — Filing date
2024-12-31 (date) — Fiscal year end

FAQ

What is the primary purpose of this DEF 14A filing?

The primary purpose is to provide detailed information regarding the solicitation of proxies for the company's annual meeting of shareholders, including executive compensation, corporate governance, and other relevant matters.

Who are the key executives whose compensation details are highlighted?

Key executives mentioned in relation to compensation details include Mr. Hornbuckle and Mr. Murren.

What period does the compensation information in this filing primarily cover?

The compensation information primarily covers the fiscal year ending December 31, 2024.

What specific types of compensation are detailed for the executives?

The filing details reported values of equity awards granted, outstanding and unvested awards, and changes in the fair value of these awards.

When was this DEF 14A filing submitted to the SEC?

This DEF 14A filing was submitted to the SEC on March 28, 2025.

From the Filing

0001193125-25-066345.txt : 20250328 0001193125-25-066345.hdr.sgml : 20250328 20250328084903 ACCESSION NUMBER: 0001193125-25-066345 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 43 CONFORMED PERIOD OF REPORT: 20250507 FILED AS OF DATE: 20250328 DATE AS OF CHANGE: 20250328 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MGM Resorts International CENTRAL INDEX KEY: 0000789570 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] ORGANIZATION NAME: 05 Real Estate & Construction EIN: 880215232 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-10362 FILM NUMBER: 25781723 BUSINESS ADDRESS: STREET 1: 3600 LAS VEGAS BLVD S CITY: LAS VEGAS STATE: NV ZIP: 89109 BUSINESS PHONE: 702-693-7120 MAIL ADDRESS: STREET 1: 3600 LAS VEGAS BLVD S. CITY: LAS VEGAS STATE: NV ZIP: 89109 FORMER COMPANY: FORMER CONFORMED NAME: MGM MIRAGE DATE OF NAME CHANGE: 20000823 FORMER COMPANY: FORMER CONFORMED NAME: MGM GRAND INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: GRAND NAME CO DATE OF NAME CHANGE: 19870713 DEF 14A 1 d858403ddef14a.htm DEF 14A DEF 14A Table of Contents DEF 14A false 0000789570 0000789570 2024-01-01 2024-12-31 0000789570 2022-01-01 2022-12-31 0000789570 2021-01-01 2021-12-31 0000789570 2020-01-01 2020-12-31 0000789570 2023-01-01 2023-12-31 0000789570 mgm:MrHornbuckleMember 2024-01-01 2024-12-31 0000789570 mgm:MrMurrenMember 2024-01-01 2024-12-31 0000789570 mgm:ReportedValueOfEquityAwardsMember ecd:PeoMember mgm:MrHornbuckleMember 2024-01-01 2024-12-31 0000789570 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember mgm:MrHornbuckleMember 2024-01-01 2024-12-31 0000789570 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember mgm:MrHornbuckleMember 2024-01-01 2024-12-31 0000789570 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember mgm:MrHornbuckleMember 2024-01-01 2024-12-31 0000789570 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember mgm:MrHornbuckleMember 2024-01-01 2024-12-31 0000789570 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:PeoMember mgm:MrHornbuckleMember 2024-01-01 2024-12-31 0000789570 mgm:ReportedValueOfEquityAwardsMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0000789570 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0000789570 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0000789570 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0000789570 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0000789570 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0000789570 3 2024-01-01 2024-12-31 0000789570 1 2024-01-01 2024-12-31 0000789570 2 2024-01-01 2024-12-31 0000789570 mgm:MrHornbuckleMember 2023-01-01 2023-12-31 0000789570 mgm:MrMurrenMember 2023-01-01 2023-12-31 0000789570 mgm:ReportedValueOfEquityAwardsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000789570 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000789570 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000789570 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000789570 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000789570 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000789570 mgm:ReportedValueOfEquityAwardsMember ecd:PeoMember mgm:MrHornbuckleMember 2023-01-01 2023-12-31 0000789570 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember mgm:MrHornbuckleMem