Monitor for additional insider selling ahead of Q2 2026 earnings. Director Pegram's consistent selling pattern over the past month suggests a personal liquidity event or reduced conviction; while not alarming in isolation, it warrants watching for acceleration.
Price Chart
Executive Summary
Director Michael E. Pegram filed a Form 144 notice to sell 13,973 shares of Caesars Entertainment common stock, with an estimated aggregate market value of approximately $410,123 based on a June 8, 2026 trade date. The filing also notes two prior sales within the last three months totaling 55,000 shares for about $1.6M, indicating ongoing portfolio liquidation by a board member.
Key Facts
- Director Michael E. Pegram filed Form 144 to sell 13,973 shares of CZR common stock.
- Estimated aggregate market value of proposed sale: $410,123 based on June 8, 2026 trade date.
- Pegram executed two prior sales within the last three months: 50,000 shares on June 2, 2026 ($1,458,399) and 5,000 shares on June 2, 2026 ($145,947).
- Total prior sales in the last 90 days: 55,000 shares for approximately $1.6M.
- Pegram is a Director of Caesars Entertainment; the shares were acquired on November 10, 2023 via open market purchase.
Financial Impact
Proposed sale of $410K by a director; combined with prior sales of ~$1.6M over the last three months, total insider selling by this director exceeds $2M.
Risk Factors
- Continued insider selling by directors could signal waning confidence ahead of earnings.
- The Form 144 is an intent to sell; the sale may not be executed, but the filing itself is a negative signal.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001974078-26-000226 |
| Document: 0001974078-26-000226-index.html | 0001974078-26-000226 |
| Document: 0001974078-26-000226.txt | 0001974078-26-000226 |
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
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