Pegram Michael E 4

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.