=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-06-11
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: Caesars Entertainment, Inc. (CZR)
CIK: 0001590895
--- Reporting Owner ---
Name: Pegram Michael E
CIK: 0001366978
Role: Director
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock
Date: 2026-06-11 | Code: S (Open market sale)
Shares: -24,800 | Price: $29.47
Total Value: $730,972.56
Shares Owned After: 16,897 | Ownership: I (Indirect) | Nature: By AMT Investments LLC
Footnotes:
[F1] The price reported in Column 4 is a weighted average price with shares sold in multiple transactions at prices ranging from $29.46 to $29.49, inclusive. The reporting person undertakes to provide to the Registrant, any security holder of the Registrant, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
[F2] The reporting person disclaims beneficial ownership of the securities, except to the extent of a pecuniary interest therein.
[Transaction #2]
Security: Common Stock
Date: 2026-06-12 | Code: S (Open market sale)
Shares: -16,897 | Price: $29.46
Total Value: $497,711.27
Shares Owned After: 0 | Ownership: I (Indirect) | Nature: By AMT Investments LLC
Footnotes:
[F3] The price reported in Column 4 is a weighted average price with shares sold in multiple transactions at prices ranging from $29.45 to $29.46, inclusive. The reporting person undertakes to provide to the Registrant, any security holder of the Registrant, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
[F2] The reporting person disclaims beneficial ownership of the securities, except to the extent of a pecuniary interest therein.
--- Holdings ---
[Holding #1]
Security: Common Stock
Ownership: D (Direct)
--- Footnotes (Complete Index) ---
F1: The price reported in Column 4 is a weighted average price with shares sold in multiple transactions at prices ranging from $29.46 to $29.49, inclusive. The reporting person undertakes to provide to the Registrant, any security holder of the Registrant, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
F2: The reporting person disclaims beneficial ownership of the securities, except to the extent of a pecuniary interest therein.
F3: The price reported in Column 4 is a weighted average price with shares sold in multiple transactions at prices ranging from $29.45 to $29.46, inclusive. The reporting person undertakes to provide to the Registrant, any security holder of the Registrant, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
--- Signature ---
/s/ /s/ Jill Eaton, by power of attorney (2026-06-12)