{"schema_version":"secwatch.filing_event.v1","accession":"0000789570-25-000041","form_type":"8-K","ticker":"MGM","cik":"0000789570","company_name":"MGM Resorts International","filed_at":"2025-09-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.376003+00:00","generated_at":"2026-05-17T06:10:30.103926+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"MGM Resorts enters new employment contracts with CFO Halkyard and CCO Fritz","bullets":["CFO Halkyard gets $1.25M base, 150% target bonus, and $3.125M annual equity grants through 2028.","CCO Fritz gets $1.5M base, 175% target bonus, and $4.5M annual equity grants through 2027; plus 25,000 RSUs on Oct 1, 2025.","Both agreements run from Oct 1, 2025 (Halkyard through Sep 2029, Fritz through Sep 2028).","Severance on non-cause termination: 12 months of base salary plus target bonus, COBRA subsidy, and 12-month non-compete.","Fritz also eligible for up to $2.5M in performance-based incentives tied to BetMGM EBITDA and digital launch."],"urls":{"canonical":"https://secwatch.observer/filing/0000789570-25-000041","json":"https://secwatch.observer/filing/0000789570-25-000041.json","markdown":"https://secwatch.observer/filing/0000789570-25-000041.md","text":"https://secwatch.observer/filing/0000789570-25-000041.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/789570/000078957025000041/0000789570-25-000041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/789570/000078957025000041/mgm-20250916.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:10:30.103926+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}