Caesars Entertainment, Inc. — Director's Dealing 2026

Feb 2, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Caesars Entertainment, Inc. (CZR)
CIK: 0001590895
Period of Report: 2026-01-29

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-01-29	Common Stock	M	67185	—	Acquired	388669	Indirect
2026-01-29	Common Stock	F	26438	$21.28	Disposed	362231	Indirect
2026-01-29	Common Stock	M	49269	—	Acquired	289688	Direct
2026-01-29	Common Stock	F	19388	$21.28	Disposed	270300	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2026-01-29	Restricted Stock Units	$	M	32546	Disposed		Common Stock (32546)	Indirect
2026-01-29	Restricted Stock Units	$	M	34639	Disposed		Common Stock (34639)	Indirect
2026-01-29	Restricted Stock Units	$	M	49269	Disposed		Common Stock (49269)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
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 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.

F4: 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.

F5: 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.