TOMICK DAVID P 4
Research Summary
AI-generated summary
Caesars (CZR) Director David P. Tomick Receives RSU Award
What Happened
- David P. Tomick, a director of Caesars Entertainment, was awarded 10,369 restricted stock units (RSUs) on January 23, 2026. Per the filing the RSUs immediately vested and were settled one-for-one into 10,369 common shares. The reported acquisition price is $0.00 (total reported value $0) because the units were granted and converted to shares rather than purchased.
Key Details
- Transaction date: January 23, 2026
- Transaction type/code: Award/Grant (A) — restricted stock units that vested and settled into common stock
- Shares acquired: 10,369 common shares; Price reported: $0.00; Total reported value: $0
- Plan: Granted under the Amended and Restated 2015 Equity Incentive Plan (per footnote)
- Vesting/settlement: RSUs immediately vested and settled on a one-for-one basis into common stock
- Shares owned after transaction: Not specified in the provided summary of the filing
- Filing timeliness: Report filed Jan 27, 2026 for the Jan 23 transaction — appears to be timely (filed within required reporting window)
Context
- This was an equity award to a non-employee director that vested immediately and converted into shares. Such awards are common as director compensation and do not represent an open-market purchase (which some investors view as a stronger bullish signal). The filing does not indicate any sale, tax withholding, or 10b5-1 plan related to this transaction.