Thomas Reeg - 29 Jan 2026 Form 4 Insider Report for Caesars Entertainment, Inc. (CZR)

Signature
/s/ Jill Eaton, by power of attorney
Issuer symbol
CZR
Transactions as of
29 Jan 2026
Net transactions value
-$975,177
Form type
4
Filing time
02 Feb 2026, 16:41:58 UTC
Previous filing
27 Jan 2026
Next filing
19 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Reeg Thomas Chief Executive Officer, Director C/O CAESARS ENTERTAINMENT, INC., 100 WEST LIBERTY STREET 12TH FLOOR, RENO /s/ Jill Eaton, by power of attorney 02 Feb 2026 0001415959

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CZR Common Stock Options Exercise $0 +67,185 +21% $0.000000 388,669 29 Jan 2026 By Irrevocable Family Trust F1
transaction CZR Common Stock Tax liability $562,601 -26,438 -6.8% $21.28 362,231 29 Jan 2026 By Irrevocable Family Trust F1
transaction CZR Common Stock Options Exercise $0 +49,269 +20% $0.000000 289,688 29 Jan 2026 Direct
transaction CZR Common Stock Tax liability $412,577 -19,388 -6.7% $21.28 270,300 29 Jan 2026 Direct
holding CZR Common Stock 6,240 29 Jan 2026 By 401(k) Plan

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 Options Exercise $0 -32,546 -100% $0.000000 0 29 Jan 2026 Common Stock 32,546 By Irrevocable Family Trust F2, F3
transaction CZR Restricted Stock Units Options Exercise $0 -34,639 -50% $0.000000 34,639 29 Jan 2026 Common Stock 34,639 By Irrevocable Family Trust F2, F4
transaction CZR Restricted Stock Units Options Exercise $0 -49,269 -33% $0.000000 98,540 29 Jan 2026 Common Stock 49,269 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents indirect ownership by Irrevocable Family Trust for units granted to Family LLC.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 Restricted stock units were granted on January 27, 2023, pursuant to the Amended and Restated 2015 Equity Incentive Plan. This installment vested on January 29, 2026. The restricted stock units do not expire.
F4 Restricted stock units were granted on January 26, 2024, pursuant to the Amended and Restated 2015 Equity Incentive Plan. This installment vested on January 29, 2026. The restricted stock units do not expire.
F5 Restricted stock units were granted on January 24, 2025, pursuant to the Amended and Restated 2015 Equity Incentive Plan. This installment vested on January 29, 2026. The restricted stock units do not expire.