Stephanie Lepori - 01 Jan 2026 Form 4 Insider Report for Caesars Entertainment, Inc. (CZR)

Role: CAO & Chief Admin. Officer
Signature: /s/ Jill Eaton, by power of attorney
Issuer symbol: CZR
Transactions as of: 01 Jan 2026
Net transactions value: -$51,738
Form type: 4
Filing time: 05 Jan 2026, 18:30:28 UTC
Previous filing: 06 May 2025
Next filing: 27 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Lepori Stephanie	CAO & Chief Admin. Officer	C/O CAESARS ENTERTAINMENT, INC., 100 WEST LIBERTY STREET 12TH FLOOR, RENO	/s/ Jill Eaton, by power of attorney	05 Jan 2026	0001663606

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CZR	Common Stock	Options Exercise	$0	+4,917	+7.7%	$0.000000	68,744	01 Jan 2026	Direct	F1
transaction	CZR	Common Stock	Tax liability	$51,738	-2,196	-3.2%	$23.56	66,548	02 Jan 2026	Direct	F1

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 Unit	Options Exercise	$0	-4,917	-50%	$0.000000	4,917	01 Jan 2026	Common Stock	4,917		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	Restricted stock units were granted on January 26, 2024, pursuant to the Amended and Restated 2015 Equity Incentive Plan. This installment vested on January 1, 2026. The restricted stock units do not expire.