Lepori Stephanie 4
4 · Caesars Entertainment, Inc. · Filed Jan 27, 2026
Research Summary
AI-generated summary of this filing
Caesars (CZR) CAO Stephanie Lepori Receives RSU Award
What Happened
Stephanie Lepori, Chief Administrative Officer and CAO of Caesars Entertainment, received a grant of 38,715 restricted stock units (RSUs) on January 23, 2026. The Form 4 reports the acquisition price as $0.00 (aggregate $0) because no cash was exchanged; RSUs are a derivative award that convert into common stock on a one-for-one basis upon vesting. This was an equity compensation grant rather than an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-01-23; grant reported at $0.00 per share (aggregate $0) on the Form 4.
- Award type: Restricted stock units (derivative award) granted under the Amended and Restated 2015 Equity Incentive Plan.
- Vesting: RSUs vest in equal installments on Jan 29, 2027; Jan 29, 2028; and Jan 29, 2029.
- Expiration: The restricted stock units do not expire (per filing).
- Shares owned after transaction: Not specified in the filing.
- Filing timeliness: Form 4 filed on Jan 27, 2026 — within the SEC’s two-business-day reporting window for this transaction date.
Context
RSU grants are a common form of executive compensation and do not involve an immediate cash outlay or market purchase/sale. They become valuable only if and when they vest and convert to common shares; therefore, they are compensation-related rather than a direct insider buy/sell signal.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-01-23+38,715→ 38,715 total→ Common Stock (38,715 underlying)
Footnotes (2)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]Restricted stock units were granted on January 23, 2026, pursuant to the Amended and Restated 2015 Equity Incentive Plan and will vest in equal installments on each of January 29, 2027, January 29, 2028, and January 29, 2029. The restricted stock units do not expire.