Jones Josh 4
4 · Caesars Entertainment, Inc. · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Caesars (CZR) CMO Josh Jones Receives Award; 925 Shares Withheld
What Happened
Josh Jones, Chief Marketing Officer of Caesars Entertainment (CZR), had 2,349 restricted stock units (RSUs settle one-for-one into common shares) vest and be issued on February 17, 2026. Of those shares, 925 were withheld/disposed to cover tax withholding at a reported value of $18.95 per share, generating $17,529. The RSU award itself shows an acquisition value of $0 (award settlement).
Key Details
- Transaction date: February 17, 2026; Form 4 filed February 19, 2026 (within typical reporting window).
- Award/settlement: 2,349 RSUs vested and converted to 2,349 shares (reported as acquisition at $0.00).
- Tax withholding/disposal: 925 shares withheld/disposed at $18.95/share for $17,529 (code F).
- Shares owned after transaction: not specified in the Form 4 filing.
- Footnote: RSUs were originally granted Jan 27, 2023 under the Amended and Restated 2015 Equity Incentive Plan, were performance-based, and the Board determined the performance level (and thus the earned units) effective with the company’s Form 10‑K filing on Feb 17, 2026; earned units vested and settled one-for-one.
- Transaction codes: A = Award/Acquisition (settlement of RSUs), F = tax withholding (share disposition).
Context
This was a performance-RSU settlement, not an open-market buy or a discretionary sale; the withheld shares reflect routine tax withholding rather than an independent sell decision. Such vesting increases insider-held equity (net of withheld shares) and is a common form of executive compensation tied to previously granted awards.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-17+2,349→ 60,432 total - Tax Payment
Common Stock
2026-02-17$18.95/sh−925$17,529→ 59,507 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.