{"schema_version":"secwatch.filing_event.v1","accession":"0000789570-26-000010","form_type":"8-K","ticker":"MGM","cik":"0000789570","company_name":"MGM Resorts International","filed_at":"2026-01-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.703961+00:00","generated_at":"2026-05-16T10:00:52.643951+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"MGM Resorts enters employment agreement with Chief Legal & Admin Officer John McManus through 2029","bullets":["Base salary $1M, target bonus 150% of base, annual equity target $2.5M (50% PSUs, 50% RSUs).","Term from Jan 1, 2026 to Dec 31, 2029; at-will after term.","Severance: if terminated without cause, receives salary + target bonus as 12 monthly payments plus COBRA.","Non-compete for 12 months post-termination; confidentiality and non-solicitation obligations.","Incremental bonus over 150% target paid as deferred RSUs over 3 years."],"urls":{"canonical":"https://secwatch.observer/filing/0000789570-26-000010","json":"https://secwatch.observer/filing/0000789570-26-000010.json","markdown":"https://secwatch.observer/filing/0000789570-26-000010.md","text":"https://secwatch.observer/filing/0000789570-26-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/789570/000078957026000010/0000789570-26-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/789570/000078957026000010/mgm-20260115.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T10:00:52.643951+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"}