Yunker Bret 4

What Happened

• Bret Yunker, Chief Financial Officer of Caesars Entertainment, was granted 76,897 restricted stock units (RSUs) on January 23, 2026. The RSUs were awarded at a $0.00 acquisition price (i.e., no cash was paid) as a derivative equity award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-01-23; Filing date: 2026-01-27.
• Grant details: 76,897 RSUs at $0.00 per share (award/derivative, code A).
• Plan: 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. RSUs convert into common stock on a one-for-one basis and do not expire (footnotes F1–F2).
• Shares owned after the grant: not specified in the Form 4 filing.
• Filing timeliness: Form 4 was filed Jan 27, 2026 (appears within the SEC’s standard two-business-day window for reporting).

Context

• This is a compensation/retention award (not a purchase), so it reflects company compensation practice rather than an immediate market bet by the insider. Once vested and converted, the shares could be sold or held, but the grant itself does not indicate an immediate buy or sell.