Director Keith A. Meister filed a Form 4 with the SEC on November 3, 2026, disclosing three purchases of MGM Resorts International common stock totaling 1,745,592 shares made on October 30 and November 2, 2026, through funds managed by Corvex Management LP.

Key Highlights

  • Three purchase transactions: 233,998 shares acquired on 10/30/2026 at a weighted average price of $28.92; 1,504,076 shares acquired on 10/30/2026 at a weighted average price of $29.75; and 7,518 shares acquired on 11/02/2026 at a weighted average price of $30.24.
  • Total shares after transactions: Beneficial ownership reported at 7,093,570 shares of MGM Resorts International common stock following all three transactions, held indirectly.
  • Price ranges disclosed: The 10/30 first tranche was purchased at prices ranging from $28.41 to $29.40; the 10/30 second tranche at $29.41 to $29.96; and the 11/02 tranche at $30.23 to $30.25.
  • Indirect ownership via Corvex funds: Securities are held for accounts of private investment funds including Corvex Master Fund LP, Corvex Select Equity Master Fund LP, and Corvex-E LP, for which Corvex Management LP acts as investment adviser.
  • Beneficial ownership disclaimed: According to the filing, Meister disclaims beneficial ownership of these securities except to the extent of his pecuniary interest, and the report is not an admission of beneficial ownership for Section 16 or any other purpose.

Meister's Corvex Funds Add to MGM Resorts Position Across Three Tranches

According to the Form 4 filed on November 3, 2026, Keith A. Meister, a director of MGM Resorts International (NYSE:MGM), reported three separate purchases of common stock executed on October 30 and November 2, 2026. The first transaction on October 30 involved 233,998 shares at a weighted average price of $28.92, with individual transaction prices ranging from $28.41 to $29.40. The second transaction on the same date covered 1,504,076 shares at a weighted average price of $29.75, at prices ranging from $29.41 to $29.96. The third and final transaction on November 2 added 7,518 shares at a weighted average price of $30.24, at prices from $30.23 to $30.25.

All shares are held indirectly through private investment funds for which Corvex Management LP serves as investment adviser. The filing identifies those funds as Corvex Master Fund LP, Corvex Select Equity Master Fund LP, and Corvex-E LP. The general partner of Corvex is controlled by Meister, according to the filing. Following all reported transactions, the filing shows Meister's indirect beneficial ownership at 7,093,570 shares of MGM Resorts International common stock.

The filing notes that the weighted average prices are composites of multiple individual transactions and that Meister undertakes to provide full detail on shares purchased at each separate price, upon request, to MGM Resorts International, any security holder of the issuer, or the staff of the SEC.

What Was Disclosed

The Form 4 discloses three open-market purchases of MGM Resorts International common stock by director Keith A. Meister, via Corvex-managed funds, totaling 1,745,592 shares, with post-transaction indirect beneficial ownership of 7,093,570 shares.