Gary L. Carano - 17 Feb 2026 Form 4 Insider Report for Caesars Entertainment, Inc. (CZR)

Reporting relationship: Exec. Chairman of the Board, Director
Issuer ticker: CZR
Reported as of: 17 Feb 2026
Net transaction value: -$15,937
SEC form: 4
Accepted by SEC: 19 Feb 2026, 16:21:10 UTC
Prior SEC filing: 02 Feb 2026
Source filing: View source filing
Reporting owner signature: /s/ Jill Eaton, by power of attorney

Key filing fact

Gary L. Carano filed Form 4 for Caesars Entertainment, Inc. (CZR) on 19 Feb 2026.

Key facts

This page summarizes Gary L. Carano's Form 4 filing for Caesars Entertainment, Inc. (CZR).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 19 Feb 2026, 16:21.

Change

Previous filing in this sequence was filed on 02 Feb 2026.
Current net transaction value: -$15,937.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001618255 Primary reporting owner

Carano Gary L.

Relationship: Exec. Chairman of the Board, Director
Address: C/O CAESARS ENTERTAINMENT, INC., 100 WEST LIBERTY STREET 12TH FLOOR, RENO
Signature: /s/ Jill Eaton, by power of attorney
Signature date: 19 Feb 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CZR transaction

Common Stock

Award

Transaction value: $0
Shares: +2,135
Change %: +0.76%
Price: $0.000000
Shares after: 282,381
Date: 17 Feb 2026
Ownership: Direct
Footnotes: F1

CZR transaction

Common Stock

Tax liability

Transaction value: $15,937
Shares: -841
Change %: -0.3%
Price: $18.95
Shares after: 281,540
Date: 17 Feb 2026
Ownership: Direct

CZR holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 8,604,325
Date: 17 Feb 2026
Ownership: By REI
Footnotes: F2

CZR holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 40,000
Date: 17 Feb 2026
Ownership: By Spouse

CZR holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 20,000
Date: 17 Feb 2026
Ownership: By Trust

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The restricted stock units were granted on January 27, 2023, pursuant to the Amended and Restated 2015 Equity Incentive Plan, subject to achievement of specified performance objectives. The level at which such restricted stock units were determined to have been achieved, as reported on this Form 4, was determined by the Board of the Issuer effective with the filing of the annual report on Form 10-K on February 17, 2026. Pursuant to the terms of the grant, the earned restricted stock units immediately vested and settled in common stock, on a one-for-one basis.

Footnote F2

These shares are owned directly by Recreational Enterprises, Inc. (REI). The reporting person has a direct ownership interest in REI and an indirect ownership interest in REI through the Gary L. Carano S Corporation Trust ("S Corporation Trust") and the Gary L. Carano Qualified S Corporation Trust. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.