Biumi Bonnie 4

What Happened
Bonnie Biumi, a director of Caesars Entertainment, reported an award (transaction code A) of 10,369 restricted stock units that immediately vested and were settled one-for-one into 10,369 shares of common stock on January 23, 2026. The Form 4 reports an acquisition price of $0.00 because these were vested RSUs converted to shares rather than a cash purchase.

Key Details

• Transaction date: January 23, 2026; Form 4 filed January 27, 2026 (within the two-business-day filing window).
• Reported transaction type/code: Award/Grant (A).
• Shares acquired/settled: 10,369 common shares; reported $0.00 per share (RSU settlement).
• Footnote: RSUs granted under the Amended and Restated 2015 Equity Incentive Plan immediately vested and settled on a one-for-one basis (per footnote F1).
• Shares owned after transaction: Not specified in this Form 4 filing.
• No indication of a 10b5-1 plan, tax-withholding sale, or other special conditions in the filing.

Context
This was an automatic/contractual equity award (RSUs vesting and converting to shares), not an open-market purchase or sale. Such grants are routine compensation for directors and do not by themselves indicate a change in insider sentiment; to estimate the economic value, check Caesars’ market price on the vesting date.