MGM Resorts International 2022 Omnibus Incentive Plan. The MGM Resorts 2022 Omnibus Incentive Plan (“2022 Omnibus Plan”) allows the Company to grant up to approximately 18 million shares or stock-based awards, such as stock options, stock appreciation rights (“SARs”), restricted stock units (“RSUs”), performance share units (“PSUs”) and other stock-based awards to eligible directors, officers, employees, and consultants of the Company and its subsidiaries.

As of December 31, 2025, the Company had an aggregate of approximately 12 million shares of common stock available for grant as stock-based awards under the 2022 Omnibus Plan. Additionally, as of December 31, 2025, the Company had approximately 6 million aggregate RSUs and PSUs outstanding, including deferred share units.

MGM China Share Option Plan and Restricted Stock Unit Plan. MGM China adopted its own equity award plan for the issuance of stock based awards to eligible recipients.


	Year Ended December 31,
	2025		2024		2023
Stock-based compensation expense:	(In thousands)
Omnibus Plan	$	82,587	$	73,074	$	67,375
MGM China share-based compensation plans	7,884		7,150		6,232
Total stock-based compensation expense	90,471		80,224		73,607
Less: Reimbursed costs	(67)		(67)		(21)
	90,404		80,157		73,586
Less: Related tax benefit	(13,894)		(17,266)		(15,975)
Stock-based compensation expense, net of tax benefit	$	76,510	$	62,891	$	57,611