---
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"
generated_at: "2026-05-17T06:10:30.103926+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# MGM Resorts enters new employment contracts with CFO Halkyard and CCO Fritz

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000789570-25-000041
- JSON: https://secwatch.observer/filing/0000789570-25-000041.json
- Plain text: https://secwatch.observer/filing/0000789570-25-000041.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.