MGM Chief Legal Officer John McManus sells 60,000 shares ($2.2M) at $36.12; 4-prior-trade pattern 100% well-timed at 90-day mark.
McManus reduced his MGM position by 60,000 shares (65.6% of pre-transaction holdings), executing this sale at $36.12 on 2025-09-15. His prior trades at MGM show a disciplined pattern: all 4 previous sales were well-timed by the 90-day measure, with 90-day returns of -5.8%, -0.1%, -6.1%, and -3.9%, indicating the stock declined after each sale. His cross-ticker track record shows 4 prior sells with an average 90-day return of -9.8% and a 100% well-timed rate, reinforcing a consistent pattern of selling before downturns. At the current price of $35.64, the stock is -15.1% from its 52-week high of $41.99, placing this sale within the insider's established pattern of forward-looking execution relative to subsequent price action.