Caesars (CZR) CFO Bret Yunker nets 202,176 shares after stock transactions

Rhea-AI Filing Summary

Caesars Entertainment, Inc. Chief Financial Officer Bret Yunker reported multiple equity transactions dated January 29, 2026. He acquired 44,272 shares of common stock at $0 through the conversion of restricted stock units and then disposed of 17,423 common shares at $21.28 per share. After these transactions, he directly held 202,176 shares of Caesars common stock. Related derivative entries show vested restricted stock units converting into common stock on a one-for-one basis under the Amended and Restated 2015 Equity Incentive Plan.

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^*

Yunker Bret

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
01/29/2026

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	01/29/2026		M		44,272	A	$0	219,599	D
Common Stock	01/29/2026		F		17,423	D	$21.28	202,176	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
Restricted Stock Units	(1)	01/29/2026		M			12,476	(2)	(2)	Common Stock	12,476	$0	0	D
Restricted Stock Units	(1)	01/29/2026		M			13,126	(3)	(3)	Common Stock	13,126	$0	13,126	D
Restricted Stock Units	(1)	01/29/2026		M			18,670	(4)	(4)	Common Stock	18,670	$0	37,342	D

Explanation of Responses:

1. Restricted stock units convert into common stock on a one-for-one basis.

2. Restricted stock units were granted on January 27, 2023, pursuant to the Amended and Restated 2015 Equity Incentive Plan. This installment vested on January 29, 2026. The restricted stock units do not expire.

3. Restricted stock units were granted on January 26, 2024, pursuant to the Amended and Restated 2015 Equity Incentive Plan. This installment vested on January 29, 2026. The restricted stock units do not expire.

4. Restricted stock units were granted on January 24, 2025, pursuant to the Amended and Restated 2015 Equity Incentive Plan. This installment vested on January 29, 2026. The restricted stock units do not expire.

Remarks:

	/s/ Jill Eaton, by power of attorney	02/02/2026
	** 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 insider transaction did Caesars (CZR) CFO Bret Yunker report?

Bret Yunker reported acquiring 44,272 Caesars common shares at $0 via restricted stock unit conversion, then disposing of 17,423 shares at $21.28. Following these transactions, he directly held 202,176 shares of Caesars common stock as of January 29, 2026.

How many Caesars (CZR) shares does CFO Bret Yunker own after this Form 4?

After the reported transactions, Bret Yunker directly owns 202,176 Caesars common shares. This reflects the net position following the acquisition of 44,272 shares from restricted stock unit conversion and the disposition of 17,423 shares at a price of $21.28 per share.

What prices were involved in Bret Yunker’s Caesars (CZR) stock transactions?

Restricted stock units converted into Caesars common shares at $0 per share, consistent with equity awards. Yunker then disposed of 17,423 Caesars common shares at $21.28 per share, as disclosed in the Form 4 transaction code F entry for January 29, 2026.

What happened to Bret Yunker’s restricted stock units in this Caesars (CZR) filing?

Several restricted stock unit grants vested and converted into Caesars common stock on January 29, 2026. Units granted in 2023, 2024, and 2025 under the Amended and Restated 2015 Equity Incentive Plan convert one-for-one into common shares and do not expire.

What does transaction code M mean in the Caesars (CZR) CFO Form 4?

In this filing, transaction code M is used for the exercise or conversion of restricted stock units into Caesars common stock at $0 per share. These entries reflect equity awards vesting and delivering shares rather than open-market purchases of Caesars stock.

How many Caesars (CZR) shares did Bret Yunker dispose of in this Form 4?

Bret Yunker disposed of 17,423 Caesars common shares at $21.28 per share on January 29, 2026. The transaction is reported with code F in the Form 4, and his direct common stock holdings afterward totaled 202,176 shares.