Jones Kim Harris 4
Research Summary
AI-generated summary
Caesars (CZR) Director Jones Kim Harris Receives 10,369 RSUs
What Happened
- Jones Kim Harris, a director of Caesars Entertainment, received an award of 10,369 restricted stock units (RSUs) on January 23, 2026. The Form 4 reports the units at $0.00 (derivative award) and transaction code "A" (award/grant). The RSUs were fully vested at grant but the reporting person elected to defer receipt of the underlying shares.
Key Details
- Transaction date: 2026-01-23; Form 4 filed: 2026-01-27 (filed within the Form 4 two-business-day window).
- Quantity: 10,369 RSUs; reported price: $0.00 (derivative award, not an open-market buy or sale).
- Shares after transaction: Not specified in the provided filing (see full Form 4 for beneficial ownership totals).
- Footnotes: (1) RSUs convert one-for-one into common stock. (2) These RSUs were fully vested on grant and the reporting person has elected to defer receipt of the shares under the issuer’s outside director deferred compensation plan; the units do not expire.
- Transaction code: A = Award/Grant; derivate instrument (RSUs) — no immediate sale or cash proceeds.
Context
- This was a director compensation award, not an open-market purchase or sale. Because the RSUs are deferred until the director leaves the board, they do not represent immediate share ownership or liquidity. Awards to outside directors are common and typically reflect compensation practices rather than direct trading intent.