CZR Caesars Entertainment, Inc.
Price Chart
Executive Summary
Director Michael E. Pegram filed a Form 144 notice of intent to sell 84,173 shares of Caesars Entertainment common stock, with an aggregate approximate market value of $2.46M based on recent prices. The sales are planned through Raymond James & Associates across four separate transactions dated June 2, June 8, and June 10, 2026. While the filing signals insider intent to monetize a portion of holdings, the director role and relatively modest size relative to CZR's $6.0B market cap limit the bearish signal.
Actionable Insight
Monitor for actual execution of the Form 144 sales and any subsequent Form 4 filings. The director-level sale is not a strong negative signal on its own, but a pattern of increasing insider selling across multiple officers would warrant closer scrutiny. Watch next earnings for any operational weakness that might have prompted the sale.
Key Facts
- Director Michael E. Pegram filed Form 144 to sell up to 84,173 shares of CZR common stock.
- Aggregate approximate market value of proposed sales is $2,459,855 (based on four transactions: 50,000 shares at ~$1.46M, 5,000 at ~$146K, 13,973 at ~$410K, 15,200 at ~$444K).
- Sales are to be executed through Raymond James & Associates as broker.
- The filing covers shares acquired via open-market purchases between 2014 and 2024.
- Pegram is a Director of Caesars Entertainment, not an executive officer, reducing the signal strength.
Financial Impact
Proposed sale of ~$2.46M worth of CZR shares, representing approximately 0.04% of the company's $6.0B market cap.
Risk Factors
- Insider sale may signal reduced conviction in near-term prospects, though director sales are often for personal liquidity.
- If additional insiders follow with similar filings, it could indicate broader concern about CZR's outlook.
- The gaming/hospitality sector faces potential headwinds from consumer spending shifts and regional competition.
Market Snapshot
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001974078-26-000228 |
| Document: 0001974078-26-000228-index.html | 0001974078-26-000228 |
| Document: 0001974078-26-000228.txt | 0001974078-26-000228 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 12, 2026
today
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Insider Cluster
| $29.48 awaiting T+1 | awaiting T+1 | — | $29.49 (+0.03%) |
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Jun 12, 2026
1d ago
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Institutional Cluster
| $29.51 awaiting T+1 | awaiting T+1 | — | $29.49 (−0.07%) |
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Jun 10, 2026
2d ago
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144
| $29.45 awaiting T+1 | awaiting T+1 | — | $29.49 (+0.15%) |
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Jun 9, 2026
3d ago
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144
| $29.45 awaiting T+1 | awaiting T+1 | — | $29.49 (+0.15%) |
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Jun 9, 2026
3d ago
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144
| $29.39 awaiting T+1 | awaiting T+1 | — | $29.49 (+0.34%) |
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Jun 9, 2026
3d ago
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144
| $29.31 awaiting T+1 | awaiting T+1 | — | $29.49 (+0.61%) |
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Jun 2, 2026
10d ago
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144
| $29.17 $29.24 | ▲ +0.24% | ▼ −0.16% | $29.49 (+1.11%) |
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Jun 2, 2026
10d ago
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144
| $29.17 $29.24 | ▲ +0.24% | ▼ −0.16% | $29.49 (+1.11%) |
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May 28, 2026
15d ago
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DEFA14A
| $29.06 $29.03 | ▼ −0.10% | ▼ −0.34% | $29.49 (+1.50%) |
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May 28, 2026
15d ago
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8-K
| $29.06 $29.03 | ▼ −0.10% | ▼ −0.34% | $29.49 (+1.50%) |
US Market Status
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