Jones Josh 4

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.