Caesars Entertainment, Inc. — Director's Dealing 2025

Feb 1, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Caesars Entertainment, Inc. (CZR)
CIK: 0001590895
Period of Report: 2025-01-29

Reporting Person: Reeg Thomas (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-01-29	Common Stock	M	85156	—	Acquired	341226	Indirect
2025-01-30	Common Stock	F	33510	$35.58	Disposed	307716	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-01-29	Restricted Stock Units	$	M	17972	Disposed		Common Stock (17972)	Indirect
2025-01-29	Restricted Stock Units	$	M	32546	Disposed		Common Stock (32546)	Indirect
2025-01-29	Restricted Stock Units	$	M	34638	Disposed		Common Stock (34638)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	216991	Direct
Common Stock	6240	Indirect

Footnotes

F1: Represents indirect ownership by Irrevocable Family Trust for units granted to Family LLC.

F2: Restricted stock units convert into common stock on a one-for-one basis.

F3: Restricted stock units were granted on January 28, 2022, pursuant to the Amended and Restated 2015 Equity Incentive Plan. This installment vested on January 29, 2025. The restricted stock units do not expire.

F4: 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, 2025. The restricted stock units do not expire.

F5: 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, 2025. The restricted stock units do not expire.