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Caesars director plans $1.36M stock sale

A Caesars Entertainment director filed a Rule 144 notice to potentially sell 45,911 CZR shares from RSU-based trust holdings valued at about $1.36 million.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Caesars Entertainment, Inc. (CZR) has a notice from director David Paul Tomick to sell up to 45,911 shares of common stock under Rule 144. The shares are held in an account at Charles Schwab registered to a revocable declaration of trust and derive from multiple restricted stock unit equity compensation grants.

The proposed sale has an indicated aggregate market value of about $1.36 million, with Caesars reporting 203,720,372 shares outstanding. The notice is dated September 10, 2026.

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Shares to be sold 45,911 shares Maximum number of Caesars Entertainment common shares covered by the Rule 144 notice
Aggregate market value $1,362,179.37 Indicated market value of the 45,911 shares covered by the notice
Shares outstanding 203,720,372 shares Caesars Entertainment common shares outstanding as reported in the notice
Planned sale date September 10, 2026 Date associated with the potential sale of the shares
Earliest RSU grant date May 24, 2016 Oldest restricted stock unit award listed as equity compensation for the shares
Latest RSU grant date January 23, 2026 Most recent restricted stock unit award listed as equity compensation for the shares
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.
restricted stock unit financial
"COMMON | 05/24/2016 | RESTRICTED STOCK UNIT | ISSUER"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
equity compensation financial
"05/24/2016 | EQUITY COMPENSATION"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
revocable declaration of trust financial
"REGISTERED TO: REVOCABLE DECLARATION OF TRUST U/A DTD 08/30/2004"

FAQ

What does the Form 144 notice involving CZR disclose?

The notice discloses that director David Paul Tomick may sell up to 45,911 shares of Caesars Entertainment, Inc. common stock under Rule 144. The shares are held in an account registered to a revocable declaration of trust at Charles Schwab.

How many Caesars Entertainment (CZR) shares are covered by this Form 144?

The notice covers up to 45,911 shares of Caesars Entertainment, Inc. common stock. These shares are associated with several restricted stock unit equity compensation awards granted between 2016 and 2026.

What is the approximate market value of the CZR shares in the Rule 144 notice?

The notice lists an aggregate market value of about $1,362,179.37 for the 45,911 CZR shares that may be sold. This figure reflects the indicated market price at the time the notice was prepared.

How many Caesars Entertainment (CZR) shares are outstanding according to the notice?

The notice reports that 203,720,372 shares of Caesars Entertainment, Inc. common stock were outstanding. This figure provides context for the relative size of the potential 45,911-share sale.

What kinds of awards are the CZR shares in the Form 144 notice based on?

The shares relate to multiple restricted stock unit awards designated as equity compensation, with grant dates including May 24, 2016, February 16, 2018, January 29, 2021, and several later January dates through 2026.

Who holds the account from which the CZR shares may be sold?

The shares will be sold from an account at Charles Schwab Corp. registered to a Revocable Declaration of Trust U/A DTD 08/30/2004. David Paul Tomick signed the notice in his name.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

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