Quatmann Edmund L Jr 4

What Happened

• Edmund L. Quatmann Jr., Chief Legal Officer of Caesars Entertainment, sold 81,566 shares of Caesars common stock in an open-market transaction on June 9, 2026. The reported weighted-average sale price was $29.35, for proceeds of about $2,393,823. This was a sale (code S), which is typically a disposition of shares rather than a purchase signal.

Key Details

• Transaction date: June 9, 2026 (reported on Form 4 filed June 10, 2026).
• Price: weighted average $29.35; individual sale prices ranged from $29.30 to $29.41 (see footnote F1).
• Shares sold: 81,566; total proceeds ≈ $2,393,823.
• Shares owned after transaction: not provided in the supplied filing details.
• Footnote: F1 explains the reported price is a weighted average across multiple trade prices and that the reporting person will provide a breakdown of shares sold at each price on request.
• Filing timeliness: Form 4 was filed the next day (timely under standard Form 4 reporting rules).

Context

• This transaction was a straightforward open-market sale. Sales by insiders can be routine (diversification, tax planning, pre-set plans) and are not by themselves proof of a view on company prospects. For retail investors, purchases are generally more informative about insider conviction, while single sales should be interpreted with caution and in the context of other holdings and transactions.