Jones Josh 4

What Happened

• Josh Jones, Chief Marketing Officer of Caesars Entertainment (CZR), had restricted stock units (RSUs) vest on January 29, 2026 and converted them into 10,469 shares of common stock.
• To cover tax withholding, 4,320 of those shares were surrendered at $21.28 per share for approximately $91,930. The remaining 6,149 shares were delivered to Jones. The gross value of the vested RSUs at $21.28 was about $222,780; net value received (6,149 shares) was about $130,851.
• This was a vesting/settlement of awards (not an open-market purchase) and is typically a routine event when equity awards vest.

Key Details

• Transaction date: January 29, 2026. Filing date: February 2, 2026 (filed after the two-business-day window following the transaction; appears late).
• Breakdown by tranche (per filing footnotes): 2,984 RSUs (granted Jan 27, 2023), 3,090 RSUs (granted Jan 26, 2024), and 4,395 RSUs (granted Jan 24, 2025) vested and converted one-for-one into common stock.
• Tax withholding: 4,320 shares withheld @ $21.28/share = ~$91,930 (reported under code F). Conversions are reported under code M (exercise/conversion of derivative).
• Shares owned following the transaction: not specified in the filing.
• Footnotes: RSUs convert 1-for-1 to common stock and "do not expire" per the filing.

Context

• This was an RSU vesting and partial share withholding to satisfy tax obligations — a common, routine transaction by executives and not necessarily a directional signal about the insider’s view of the stock.
• Unlike open-market buys or sells, RSU settlements primarily reflect compensation vesting. Purchases by insiders tend to be more informative about personal conviction.