The Form 144 signals intent to sell, not a completed transaction, but combined with the recent cluster of $8.1M in insider sales over 30 days, it reinforces a bearish insider sentiment. Traders should monitor for actual Form 4 filings and watch for any upcoming earnings or material events that could further pressure the stock.
Price Chart
Executive Summary
Director Michael E. Pegram filed a Form 144 notice of intent to sell 20,000 shares of Caesars Entertainment common stock, with an approximate market value of $589,096. The proposed sale is to be executed through Raymond James & Associates. This follows a series of recent insider sales at the company totaling $8.1M over the past 30 days, adding to the pattern of insider selling.
Key Facts
- Director Michael E. Pegram filed Form 144 to sell 20,000 shares of CZR common stock.
- Approximate sale value is $589,096 based on a recent market price.
- The sale is planned through Raymond James & Associates.
- This filing adds to 7 insider sells totaling $8.1M over the past 30 days.
- Pegram has a history of open-market purchases of CZR shares dating back to 2014, making this sale a notable reversal in pattern.
Financial Impact
Proposed sale of 20,000 shares valued at approximately $589,096, representing a small fraction of the company's $6.0B market cap.
Risk Factors
- The sale may not be completed; Form 144 is only an intent to sell.
- Insider selling could be for personal diversification or tax planning, not necessarily a negative signal.
- The stock has a 50% analyst bullish rating (3 Strong Buy, 8 Buy), which may offset insider selling concerns.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001974078-26-000237 |
| Document: 0001974078-26-000237-index.html | 0001974078-26-000237 |
| Document: 0001974078-26-000237.txt | 0001974078-26-000237 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 11, 2026 21d ago | Court Ruling | $29.67 $29.64 | ▼ −0.10% | ▲ +0.12% | $29.66 (−0.05%) |
Sep 10, 2026 21d ago | 144 | $29.65 $29.67 | ▲ +0.07% | ▲ +0.57% | $29.66 (+0.02%) |
Aug 26, 2026 5w ago | DEFM14A | $29.66 $29.69 | ▲ +0.10% | ▲ +0.22% | $29.66 (−0.02%) |
Aug 24, 2026 5w ago | 144 | $29.66 $29.70 | ▲ +0.13% | ▼ −0.33% | $29.66 (−0.02%) |
Aug 21, 2026 6w ago | Insider Cluster | $29.76 $29.73 | ▲ +0.10% | ▲ +0.57% | $29.66 (+0.35%) |
Jul 7, 2026 12w ago | 8-K | $29.82 $29.85 | ▲ +0.10% | ▼ −0.76% | $29.66 (−0.55%) |
Jun 15, 2026 15w ago | 144 | $29.50 $29.29 | ▲ +0.71% | ▼ −0.67% | $29.66 (−0.53%) |
Jun 12, 2026 15w ago | Insider Cluster | $29.50 $29.29 | ▼ −0.71% | ▲ +0.67% | $29.66 (+0.53%) |
Jun 12, 2026 16w ago | Institutional Cluster | $29.49 $29.22 | ▼ −0.92% | ▼ −1.59% | $29.66 (+0.56%) |
Jun 10, 2026 16w ago | 144 | $29.47 $29.31 | ▼ −0.54% | ▼ −3.98% | $29.66 (+0.63%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access