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Caesars Entertainment, Inc. Director's Dealing 2025

Feb 1, 2025

30937_dirs_2025-01-31_d7e66d6b-d8b7-44a1-a0fd-aab342ea116e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Carano Gary L. (Director, Exec. Chairman of the Board)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-01-29 Common Stock M 6944 Acquired 275934 Direct
2025-01-30 Common Stock F 2852 $35.58 Disposed 273082 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-01-29 Restricted Stock Units $ M 1498 Disposed Common Stock (1498) Direct
2025-01-29 Restricted Stock Units $ M 2712 Disposed Common Stock (2712) Direct
2025-01-29 Restricted Stock Units $ M 2734 Disposed Common Stock (2734) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 20000 Indirect
Common Stock 40000 Indirect
Common Stock 8604325 Indirect

Footnotes

F1: These shares are owned directly by Recreational Enterprises, Inc. (REI). The reporting person has a direct ownership interest in REI and an indirect ownership interest in REI through the Gary L. Carano S Corporation Trust ("S Corporation Trust") and the Gary L. Carano Qualified S Corporation Trust. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

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.