Caesars Entertainment (CZR) director receives 10,369-share stock grant

Rhea-AI Filing Summary

Caesars Entertainment director Janis L. Jones Blackhurst reported a stock-based award. On January 23, 2026, she acquired 10,369 shares of Caesars Entertainment common stock at $0.00 per share.

The shares came from directors’ restricted stock units granted under the Amended and Restated 2015 Equity Incentive Plan, which immediately vested and settled into common stock on a one-for-one basis. Following this grant, she directly owned 33,899 Caesars Entertainment common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Jones Blackhurst Janis L

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	10,369	$0.00	--

Holdings After Transaction: Common Stock — 33,899 shares (Direct)

Footnotes (1)

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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^*

Jones Blackhurst Janis L

(Last) (First) (Middle)

C/O CAESARS ENTERTAINMENT, INC.

100 WEST LIBERTY STREET, 12TH FLOOR

(Street)

RENO NV 89501

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
01/23/2026

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

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

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

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(1)	01/23/2026		A		10,369	A	$0	33,899	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. Directors restricted stock units were granted on January 23, 2026, pursuant to the Amended and Restated 2015 Equity Incentive Plan. Pursuant to the terms of the grant, the restricted stock units immediately vested and settled in common stock, on a one-for-one basis

Remarks:

	/s/ Jill Eaton, by power of attorney	01/27/2026
	** 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.

FAQ

What did Caesars Entertainment (CZR) disclose in this Form 4 filing?

Caesars Entertainment director Janis L. Jones Blackhurst reported acquiring 10,369 shares of common stock. The shares came from restricted stock units that immediately vested and settled into stock under the company’s Amended and Restated 2015 Equity Incentive Plan.

How many Caesars Entertainment (CZR) shares did the director receive and at what price?

The director received 10,369 shares of Caesars Entertainment common stock at $0.00 per share. This reflects a stock-based award, not an open-market purchase, and was settled from restricted stock units that vested immediately on January 23, 2026.

What is the director’s Caesars Entertainment (CZR) ownership after this transaction?

After the grant, director Janis L. Jones Blackhurst beneficially owned 33,899 shares of Caesars Entertainment common stock directly. This total includes the 10,369 shares received from the immediately vested restricted stock unit award on January 23, 2026.

What equity plan was used for the Caesars Entertainment (CZR) stock grant?

The shares were issued under Caesars Entertainment’s Amended and Restated 2015 Equity Incentive Plan. Directors’ restricted stock units were granted on January 23, 2026, and those units immediately vested and settled into an equal number of common shares.

Was the Caesars Entertainment (CZR) director’s stock transaction a market purchase?

No, it was not a market purchase. The 10,369 shares were acquired at $0.00 per share when previously granted restricted stock units for the director immediately vested and converted into common stock on a one-for-one basis on January 23, 2026.