Lepori Stephanie 4
4 · Caesars Entertainment, Inc. · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Caesars (CZR) CAO Stephanie Lepori Receives 3,986 Shares
What Happened
Stephanie Lepori, Chief Administrative Officer and CAO of Caesars Entertainment (CZR), had 3,986 restricted stock units vest and settle into 3,986 shares on February 17, 2026 (award/acquisition). To cover tax withholding, 1,569 of those shares were withheld/disposed at $18.95 per share, totaling $29,733. The award itself shows $0 acquisition cost because it was a performance-based RSU settlement.
Key Details
- Transaction date: February 17, 2026 (reported on Form 4 filed Feb 19, 2026).
- Award: 3,986 RSU shares granted/vested (code A).
- Tax withholding: 1,569 shares withheld/disposed at $18.95 each for $29,733 (code F).
- Shares owned after transaction: Not specified in the provided filing; see full Form 4 for total beneficial ownership.
- Footnote: RSUs were granted Jan 27, 2023 under the Amended & Restated 2015 Equity Incentive Plan and vested upon satisfaction of performance objectives; the Board determined achievement effective with the company’s Form 10‑K filing on Feb 17, 2026. The earned RSUs immediately vested and settled one‑for‑one into common stock.
- Filing timeliness: Report filed Feb 19, 2026 covering a Feb 17 transaction (no late filing indicated in the provided summary).
Context
- This was a performance-based RSU settlement (compensation), not an open-market purchase or discretionary sale. The withheld 1,569 shares reflect tax withholding to satisfy the insider’s tax liability (routine), not necessarily a sale for investment reasons.
- For retail investors, award vesting is compensation-related and common; purchases by insiders generally carry more informational weight about confidence, while awards often reflect prior grant agreements and performance results.
Insider Transaction Report
Form 4
Lepori Stephanie
CAO and Chief Admin Officer
Transactions
- Award
Common Stock
[F1]2026-02-17+3,986→ 83,219 total - Tax Payment
Common Stock
2026-02-17$18.95/sh−1,569$29,733→ 81,650 total
Footnotes (1)
- [F1]The restricted stock units were granted on January 27, 2023, pursuant to the Amended and Restated 2015 Equity Incentive Plan, subject to achievement of specified performance objectives. The level at which such restricted stock units were determined to have been achieved, as reported on this Form 4, was determined by the Board of the Issuer effective with the filing of the annual report on Form 10-K on February 17, 2026. Pursuant to the terms of the grant, the earned restricted stock units immediately vested and settled in common stock, on a one-for-one basis.
Signature
/s/ Jill Eaton, by power of attorney|2026-02-19