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.
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.
Positive
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Negative
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Key Figures
Shares to be sold: 45,911 shares
Aggregate market value: $1,362,179.37
Shares outstanding: 203,720,372 shares
+3 more
6 metrics
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
Key Terms
Rule 144, restricted stock unit, equity compensation, revocable declaration of trust
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.