Yunker Bret 4

What Happened

• Bret Yunker, Chief Financial Officer of Caesars Entertainment (CZR), had 9,824 restricted stock units (RSUs vest and) settle into common stock on Feb 17, 2026 (award/acquisition). To cover tax withholding, 3,866 of those shares were disposed at $18.95 each, generating about $73,261. Net shares delivered to Yunker after withholding were 5,958.

Key Details

• Transaction dates and prices:
  • 2026-02-17: Award/settlement of 9,824 RSUs (acquired at $0.00).
  • 2026-02-17: Tax withholding/disposition of 3,866 shares at $18.95 (total ≈ $73,261).
• Shares retained after withholding: 5,958 shares (9,824 granted − 3,866 withheld).
• Total shares owned after the transaction: not disclosed in the filing.
• Footnote (F1): These RSUs were granted Jan 27, 2023 under the Amended & Restated 2015 Equity Incentive Plan, vested based on performance goals; the Board determined the achieved performance level concurrent with the issuer’s Form 10‑K filing on Feb 17, 2026, and the earned RSUs immediately vested and settled one-for-one.
• Transaction codes: A = Award/Acquisition; F = Tax withholding (sell-to-cover).
• Filing timeliness: Reported in a Form 4 filed Feb 19, 2026 for a Feb 17, 2026 event — appears timely (no late filing indicated).

Context

• This was a performance-based RSU vesting event, not an open-market buy or a voluntary sale. The sale of 3,866 shares was a routine sell-to-cover to satisfy tax obligations and is common when equity awards vest; it does not by itself indicate the insider’s view on the company’s stock.