Caesars CLO sells 81,566 CZR shares in open market
Caesars Entertainment, Inc. Chief Legal Officer Edmund L. Quatmann Jr. reported an open-market sale of 81,566 shares of common stock.
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.
Positive
- None.
Negative
- None.
Insights
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 81,566 | $29.3483 | $2.39M |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
open-market sale financial
weighted average price financial
Form 4 regulatory
Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Caesars Entertainment (CZR) report for Edmund L. Quatmann Jr.?
What does the Form 4 footnote say about the Caesars (CZR) insider sale pricing?
Is the Caesars Entertainment (CZR) Form 4 transaction a buy or a sell?
AI-generated analysis. How Rhea-AI works. Not financial advice.