Pegram Michael E 4
4 · Caesars Entertainment, Inc. · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
Caesars (CZR) Director Michael Pegram Sells 41,697 Shares
What Happened
Michael E. Pegram, a director of Caesars Entertainment, sold a total of 41,697 shares in two reported dispositions. On 2026-06-11 he sold 24,800 shares at a weighted average price of $29.47 for proceeds of $730,973, and on 2026-06-12 he sold 16,897 shares at a weighted average price of $29.46 for proceeds of $497,711. Total reported proceeds were approximately $1,228,684. These were sales (dispositions), which are routine insider activity and not by themselves proof of company outlook.
Key Details
- Transaction dates: 2026-06-11 (24,800 shares) and 2026-06-12 (16,897 shares).
- Reported prices: $29.47 (weighted avg) on 6/11; $29.46 (weighted avg) on 6/12. Footnotes indicate actual prices ranged $29.46–$29.49 (F1) and $29.45–$29.46 (F3) across multiple trades.
- Total shares sold: 41,697; total proceeds ≈ $1.23 million.
- Shares owned after transaction: not specified on this Form 4; reporting person disclaims beneficial ownership except to the extent of a pecuniary interest (F2).
- Method: reported as open market or private sale (code S).
- Filing: Form 4 filed 2026-06-12 for transactions on 6/11–6/12; filing appears timely.
- No 10b5-1 plan, tax-withholding, or option-exercise notes were disclosed in the filing.
Context
Sales by directors can be for many personal or portfolio reasons; sales are routine and should not be taken alone as a signal about company performance. This filing documents straightforward share dispositions rather than option exercises, gifts, or awards.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-06-11$29.47/sh−24,800$730,973→ 16,897 total(indirect: By LLC) - Sale
Common Stock
[F3][F2]2026-06-12$29.46/sh−16,897$497,711→ 0 total(indirect: By LLC)
- 4,612
Common Stock
Footnotes (3)
- [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.