Caesars ex-director plans $1.7M stock sale

Caesars Entertainment, Inc. (CZR) received a Rule 144 notice indicating that former director Courtney R. Mather plans to sell CZR common stock through Interactive Brokers LLC.

Rhea-AI Filing Summary

Caesars Entertainment, Inc. (CZR) received a Rule 144 notice indicating that former director Courtney R. Mather plans to sell CZR common stock through Interactive Brokers LLC. The planned sale covers 57,027 shares of common stock, with an aggregate market value of $1,695,412.71, and Caesars reports approximately 203,720,372 shares outstanding. The shares to be sold were acquired via stock-based compensation, including 10,369 shares from a stock grant dated January 23, 2026, 23,128 shares received as phantom stock units under a registered plan related to outside director fees, and 23,530 shares received as restricted stock units under a registered plan. The common stock is listed on Nasdaq, and the notice is dated August 31, 2026.

Key Figures

Number of shares of common stock to be sold: 57,027 shares Aggregate market value of securities to be sold: $1,695,412.71 Approximate number of shares outstanding: 203,720,372 shares +3 more

6 metrics

Number of shares of common stock to be sold 57,027 shares Planned sale of Caesars Entertainment, Inc. common stock under Rule 144

Aggregate market value of securities to be sold $1,695,412.71 Value of the 57,027 CZR shares covered by the Rule 144 notice

Approximate number of shares outstanding 203,720,372 shares Caesars Entertainment, Inc. common stock outstanding as referenced in the notice

Shares from stock grant 10,369 shares Common stock acquired on 01/23/2026 as a stock grant

Shares from phantom stock units 23,128 shares Common stock received as phantom stock units between 01/04/2021 and 10/02/2024

Shares from restricted stock units 23,530 shares Common stock received as restricted stock units between 01/29/2021 and 01/24/2025

Key Terms

Rule 144, phantom stock units, restricted stock units, outside director's fees

4 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

phantom stock units financial

"Phantom stock units under a registered plan"

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

restricted stock units financial

"Restricted stock units under a registered plan"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

outside director's fees financial

"in respect of payment of outside director's fees."

FAQ

What does the Form 144 filing disclose for Caesars Entertainment, Inc. (CZR)?

The filing discloses that former director Courtney R. Mather has filed a notice under Rule 144 to sell 57,027 shares of Caesars Entertainment, Inc. common stock through Interactive Brokers LLC, with an aggregate market value of $1,695,412.71.

How many Caesars Entertainment (CZR) shares are planned to be sold under this Rule 144 notice?

The notice covers the planned sale of 57,027 shares of CZR common stock. These shares are part of equity compensation previously granted to former director Courtney R. Mather, including stock grants, phantom stock units, and restricted stock units.

What is the aggregate market value of the CZR shares in this Form 144 filing?

The aggregate market value of the Caesars Entertainment, Inc. common stock covered by the notice is $1,695,412.71. This figure relates to the 57,027 shares of CZR common stock indicated for potential sale under Rule 144.

How many Caesars Entertainment (CZR) shares are reported as outstanding in the filing?

The filing reports an approximate 203,720,372 shares of Caesars Entertainment, Inc. common stock outstanding. This figure is provided as context for the Rule 144 sale of 57,027 shares by former director Courtney R. Mather.

What types of equity awards underlie the CZR shares in Courtney R. Mather’s Form 144?

The shares relate to stock-based compensation: 10,369 shares from a stock grant, 23,128 shares from phantom stock units received between January 4, 2021 and October 2, 2024 for outside director fees, and 23,530 shares from restricted stock units received between January 29, 2021 and January 24, 2025.

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Available on EDGAR 08/31/2026 - 04:46 PM Accepted by SEC EDGAR 08/31/2026 - 04:45 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001608717
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Caesars Entertainment, Inc.
SEC File Number	001-36629
Address of Issuer	100 West Liberty Street, 12th Floor Reno NEVADA 89501
Phone	775-328-0100
Name of Person for Whose Account the Securities are To Be Sold	Courtney R. Mather
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Former Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Interactive Brokers LLC One Pickwick Plaza Greenwich CT 06830	57027	1695412.71	203720372	08/31/2026	Nasdaq

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	01/23/2026	Stock Grant	Issuer			10369	01/23/2026	Stock Grant
Common Stock	10/02/2024	Phantom stock units under a registered plan	Issuer			23128	10/02/2024	Director Compensation
Common Stock	01/24/2025	Restricted stock units under a registered plan	Issuer			23530	01/24/2025	Stock Grant

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks	The 23,128 shares of common stock were received as phantom stock units between 1/04/2021 and 10/2/2024 in respect of payment of outside director's fees. The 23,530 shares of common stock were received as restricted stock units between 1/29/2021 and 1/24/2025.
Date of Notice	08/31/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Courtney R. Mather
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)