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SCHEDULE 13D/A
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0001193125-26-451919
Stake: 16.40%
Shares: 1,664,712
CUSIP: 72815G306
Class: Class A Common Stock, $0.0001 par value per share
Composite Decision Signal · PASS (LOW BASE-RATE EDGE)
Conviction Score: 22/100
- Active Schedule 13D filer baseline
- High conviction ownership stake (16.4%)
Item 4 — Purpose of Transaction
Item 4 of Schedule 13D is hereby supplemented as follows: As previously disclosed in the Schedule 13D initially filed in 2021, the Reporting Person received a contingent right to receive up to a specified number of shares of Class A Common Stock (the "Earnout Shares") from the Company if the closing share price of Class A Common Stock exceeded certain share price thresholds during a specified period. As disclosed by the Issuer, the earnout period expired on June 21, 2026, without the applicable share price targets being achieved. As a result the Reporting Person did not receive any shares of Class A Common Stock in connection with the earnout, and the Company's contingent obligation to issue the Earnout Shares was extinguished. William (Bill) J. Hornbuckle, the Chief Executive Officer and President of MGM Resorts, ceased serving as a member of the Company's board of directors on December 20, 2021.
Cross-References
Insider Activity (last 365d)
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Issuer Cluster
1 13D/G filings on this issuer
0 other filings besides this one
Filer Track Record
1 filings by this filer
0 other filings in the data moat
Short Interest · settle 2026-10-15
DTC 1.00
16,566 shares short · -96.2% vs prior
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