Michael E. Pegram - 23 Jan 2026 Form 4 Insider Report for Caesars Entertainment, Inc. (CZR)

Role: Director
Signature: /s/ Jill Eaton, by power of attorney
Issuer symbol: CZR
Transactions as of: 23 Jan 2026
Net transactions value: $0
Form type: 4
Filing time: 27 Jan 2026, 17:01:22 UTC
Previous filing: 28 Jan 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Pegram Michael E	Director	C/O CAESARS ENTERTAINMENT, INC., 100 WEST LIBERTY STREET 12TH FLOOR, RENO	/s/ Jill Eaton, by power of attorney	27 Jan 2026	0001366978

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CZR	Restricted Stock Units	Award	$0	+10,369		$0.000000	10,369	23 Jan 2026	Common Stock	10,369		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units convert into common stock on a one-for-one basis.
F2	Fully vested restricted stock units were granted on January 23, 2026, pursuant to the Amended and Restated 2015 Equity Incentive Plan. The reporting person has elected to defer receipt of these shares until his separation from service on the board of directors under the Issuer's outside director deferred compensation plan. The restricted stock units do not expire.