FAHRENKOPF FRANK J JR 4

What Happened
Frank J. Fahrenkopf Jr., a director of Caesars Entertainment, was granted 10,369 restricted stock units (RSUs) on January 23, 2026. The RSUs immediately vested and were settled one-for-one in common stock; the reported acquisition price is $0.00 (award/settlement), so the Form 4 shows $0 cash paid.

Key Details

• Transaction date: January 23, 2026; Filing date: January 27, 2026 (Form 4 accession 0001247195-26-000002).
• Transaction type/code: Award/Grant/Acquisition (A).
• Shares acquired/settled: 10,369 common shares at $0.00 reported price (total cash paid $0).
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnote: RSUs granted under the Amended and Restated 2015 Equity Incentive Plan; per the grant terms the RSUs immediately vested and were settled in common stock on a one-for-one basis.
• Timeliness: Filing date is shown; the record does not indicate a late filing in the supplied data.

Context
RSU grants to directors are a common form of compensation and, when they vest and convert to shares, result in the insider receiving stock without a cash purchase. Such awards are compensation-related and do not necessarily signal the insider’s buying or selling sentiment.