secwatch.observer — SEC 8-K summary
======================================

Issuer:     MGM Resorts International (MGM)
CIK:        0000789570
Form:       8-K
Filed at:   2026-04-07T23:59:59+00:00
Accession:  0000789570-26-000029
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MGM Resorts enters voting agreement with IAC and Barry Diller capping voting at 25.73%
--------------------------------------------------------------------------------

- IAC holds 66,822,350 shares of MGM common stock as of April 3, 2026.
- Voting agreement requires IAC and Diller to vote shares exceeding 25.73% of total voting power in proportion to other stockholders.
- Agreement terminates if IAC/Diller collectively own below 17.5% of voting securities, or board fails to nominate two IAC-designated directors.
- Diller currently deemed designated by IAC to serve on board; IAC may designate up to two directors.
- Diller Entities can be released from voting restriction if Diller ceases Chairman/Senior Executive of IAC and his IAC voting power falls below one-third.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/789570/000078957026000029/0000789570-26-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/789570/000078957026000029/mgm-20260403.htm
  HTML page:      https://secwatch.observer/filing/0000789570-26-000029

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer