Quatmann Edmund L Jr 4
Research Summary
AI-generated summary
Caesars (CZR) CLO Edmund Quatmann Receives 42,720-Share Award
What Happened
Edmund L. Quatmann Jr., Chief Legal Officer of Caesars Entertainment (CZR), received a grant of 42,720 restricted stock units (RSUs) on January 23, 2026. The reported transaction shows an acquisition at $0.00 (award/derivative), meaning no cash was paid by the insider. These RSUs convert into common stock on a one-for-one basis when vested.
Key Details
- Transaction date: January 23, 2026; Form 4 filed January 27, 2026. No timeliness flag provided in the filing.
- Transaction type/code: Award/Grant (derivative), reported at $0.00.
- Shares granted: 42,720 RSUs. Reported dollar value on the Form 4 is $0 (award).
- Shares owned after transaction: Not disclosed in the provided filing summary.
- Footnotes:
- F1: RSUs convert to common stock on a one-for-one basis.
- F2: RSUs were granted under the Amended and Restated 2015 Equity Incentive Plan and vest in equal installments on Jan 29, 2027; Jan 29, 2028; and Jan 29, 2029. The RSUs do not expire.
Context
This was an equity award (not a purchase or sale). RSUs are a deferred-compensation vehicle that convert to shares as they vest; they do not represent immediate cash proceeds or open-market purchases. Such grants are common for executive compensation and are intended to align long-term incentives, but they do not by themselves indicate an insider buying or selling stock.