The Form 144 signals intent to sell, but the shares stem from multi-year equity compensation vesting, not a sudden change in outlook. Monitor for actual Form 4 filings to confirm execution; a completed sale of this size would modestly increase insider selling pressure but is unlikely to be material given CZR's $6B market cap.
Price Chart
Executive Summary
Edmund Quatmann Jr., an officer of Caesars Entertainment, filed a Form 144 notice of intent to sell 81,566 shares of common stock, with an estimated aggregate market value of approximately $2.39 million based on a recent price of ~$29.32/share. This represents a notable insider sale plan relative to the company's $6.0B market cap and follows $1.5M in insider selling over the past 30 days, though the shares appear to originate from routine restricted stock vesting events dating back to 2022.
Key Facts
- Officer Edmund Quatmann Jr. filed Form 144 to sell 81,566 shares of CZR common stock.
- Estimated aggregate market value of the proposed sale: ~$2,393,823.44.
- Shares were acquired via restricted stock vesting and performance stock units from 2022 through early 2026.
- The filing date is June 9, 2026; the proposed sale is planned for the same day.
- Recent insider activity (30d) shows 1 sell totaling $1.5M, now supplemented by this larger proposed sale.
Financial Impact
Proposed sale of ~$2.4M in CZR common stock by an officer.
Risk Factors
- Insider may not execute the sale; Form 144 is an intent notice, not a completed transaction.
- If executed, could add to recent insider selling trend and weigh on sentiment.
- No explicit reason for sale provided; tax or diversification motives are possible.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001950047-26-005833 |
| Document: 0001950047-26-005833-index.html | 0001950047-26-005833 |
| Document: 0001950047-26-005833.txt | 0001950047-26-005833 |
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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