CZR Caesars Entertainment, Inc.
Price Chart
Executive Summary
Michael E. Pegram, a director of Caesars Entertainment, has filed a Form 144 notice of intent to sell 50,000 shares of common stock, with an approximate market value of $1.46 million based on the filing date price. This represents a relatively small portion of the company's $5.9B market cap and is consistent with routine diversification by a director, not a C-suite executive.
Actionable Insight
The proposed sale is small relative to company size and comes from a director, not senior management. This is routine diversification with minimal signaling value. No immediate trading action warranted, but monitor for any follow-on Form 4 filings that would confirm execution.
Key Facts
- Form 144 filed June 2, 2026 by director Michael E. Pegram
- Proposed sale of 50,000 shares of CZR common stock
- Estimated aggregate market value of approximately $1,459,937
- Shares acquired in open-market purchases in November 2022 and May 2023
- Seller is a director (not CEO/CFO), reducing signaling weight
- Form 144 indicates intent to sell, not a completed transaction
Financial Impact
~$1.46 million proposed sale value vs $5.9B market cap (~0.025% of float)
Risk Factors
- Form 144 is pre-notification only; sale may not occur
- Additional insider selling by other executives could signal concern, but not evident here
Market Snapshot
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001974078-26-000215 |
| Document: 0001974078-26-000215-index.html | 0001974078-26-000215 |
| Document: 0001974078-26-000215.txt | 0001974078-26-000215 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 15, 2026
1d ago
|
144
| $29.50 $29.32 | ▲ +0.63% | ▲ +0.05% | $29.31 (+0.64%) |
|
Jun 12, 2026
4d ago
|
Insider Cluster
| $29.50 $29.32 | ▼ −0.63% | ▼ −0.05% | $29.31 (−0.64%) |
|
Jun 12, 2026
4d ago
|
Institutional Cluster
| $29.49 $29.50 | ▲ +0.03% | ▼ −1.73% | $29.31 (−0.61%) |
|
Jun 10, 2026
6d ago
|
144
| $29.47 $29.51 | ▲ +0.14% | ▼ −1.56% | $29.31 (−0.54%) |
|
Jun 9, 2026
7d ago
|
144
| $29.47 $29.51 | ▲ +0.14% | ▼ −1.56% | $29.31 (−0.54%) |
|
Jun 9, 2026
7d ago
|
144
| $29.45 $29.47 | ▲ +0.07% | ▲ +1.64% | $29.31 (−0.48%) |
|
Jun 9, 2026
7d ago
|
144
| $29.45 $29.47 | ▲ +0.07% | ▲ +1.64% | $29.31 (−0.48%) |
|
Jun 2, 2026
14d ago
|
144
| $29.17 $29.24 | ▲ +0.24% | ▼ −0.16% | $29.31 (+0.50%) |
|
Jun 2, 2026
14d ago
|
144
| $29.17 $29.24 | ▲ +0.24% | ▼ −0.16% | $29.31 (+0.50%) |
|
May 28, 2026
19d ago
|
DEFA14A
| $29.06 $29.03 | ▼ −0.10% | ▼ −0.34% | $29.31 (+0.88%) |
US Market Status
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