Caesars (CZR) Chief Legal Officer sells 81,566 shares in open-market trade

Rhea-AI Filing Summary

Caesars Entertainment, Inc. Chief Legal Officer Edmund L. Quatmann Jr. reported an open-market sale of 81,566 shares of common stock. The shares were sold on June 9, 2026 at a weighted average price of $29.3483 per share, with individual trade prices ranging from $29.30 to $29.41. After this transaction, he directly holds 18,263 Caesars common shares.

Insights

Insider trading analyst

CZR’s Chief Legal Officer executed a sizable open-market share sale.

Caesars Entertainment’s Chief Legal Officer, Edmund L. Quatmann Jr., executed an open-market sale of 81,566 common shares at a weighted average price of $29.3483 on June 9, 2026. The filing describes this as a straightforward open-market transaction.

Following the sale, Quatmann directly holds 18,263 shares, so the transaction represents a large reduction in his reported direct holdings in this filing. There are no derivative positions listed, and no reference to a Rule 10b5-1 trading plan or similar pre-arranged program in the provided excerpt.

The footnote explains that the reported price is a weighted average, with individual trades between $29.30 and $29.41. Investors can use future company filings to see whether this sale is part of a broader pattern of insider activity or a one-off liquidity event.

Insider Trade Summary

Net Seller: 81,566 shares ($2,393,823)

Net Sell 1 txn

Insider Quatmann Edmund L Jr

Role Chief Legal Officer

Sold 81,566 shs ($2.39M)

Type	Security	Shares	Price	Value
Sale	Common Stock	81,566	$29.3483	$2.39M

Holdings After Transaction: Common Stock — 18,263 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares sold: 81,566 shares Weighted average sale price: $29.3483 per share Post-transaction holdings: 18,263 shares +1 more

4 metrics

Shares sold 81,566 shares Open-market sale on June 9, 2026

Weighted average sale price $29.3483 per share Common stock sale

Post-transaction holdings 18,263 shares Directly held after sale

Price range of trades $29.30–$29.41 per share Multiple transactions within range

Key Terms

open-market sale, weighted average price, Form 4, Common Stock

4 terms

open-market sale financial

"the transaction_action field describes an open-market sale of common stock"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

weighted average price financial

"The price reported in Column 4 is a weighted average price"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

Form 4 regulatory

"within the ranges set forth in this footnote to this Form 4"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Common Stock financial

"security_title field identifies the security as Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Quatmann Edmund L Jr

(Last) (First) (Middle)

C/O CAESARS ENTERTAINMENT, INC.

100 WEST LIBERTY STREET, 12TH FLOOR

(Street)

RENO NEVADA 89501

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Caesars Entertainment, Inc. [ CZR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/09/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/09/2026		S		81,566	D	$29.3483(1)	18,263	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price with shares sold in multiple transactions at prices ranging from $29.30 to $29.41, inclusive. The reporting person undertakes to provide to the Registrant, any security holder of the Registrant, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.

Remarks:

	/s/ Jill Eaton, by power of attorney	06/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Caesars Entertainment (CZR) report for Edmund L. Quatmann Jr.?

Caesars Entertainment reported that Chief Legal Officer Edmund L. Quatmann Jr. sold 81,566 shares of common stock. The transaction was an open-market sale, and it reduced his directly held position to 18,263 Caesars shares according to this Form 4 filing.

At what price did the Caesars Entertainment (CZR) insider shares sell on June 9, 2026?

The reported weighted average sale price was $29.3483 per Caesars share. A footnote explains that individual sale prices ranged from $29.30 to $29.41, and the insider undertook to provide full trade details upon request to the company, holders, or SEC staff.

How many Caesars Entertainment (CZR) shares does Edmund L. Quatmann Jr. hold after the Form 4 sale?

After selling 81,566 shares, Edmund L. Quatmann Jr. directly holds 18,263 Caesars Entertainment common shares. This post-transaction holding is disclosed in the Form 4 and reflects his remaining direct ownership following the open-market sale reported.

What does the Form 4 footnote say about the Caesars (CZR) insider sale pricing?

The footnote states the reported price is a weighted average, with sales executed between $29.30 and $29.41 per share. It also notes the insider will provide detailed information on share quantities at each price to the company, shareholders, or SEC staff upon request.

Is the Caesars Entertainment (CZR) Form 4 transaction a buy or a sell?

The Form 4 reports a sell transaction by the Chief Legal Officer. It is coded as an open-market sale of 81,566 Caesars common shares, with no purchases or derivative exercises disclosed in the provided transaction summary from this filing.