CZR Caesars Entertainment, Inc.
Price Chart
Executive Summary
Michael E. Pegram, a director of Caesars Entertainment, filed a Form 144 to sell 152,000 common shares through Raymond James. However, the calculation of approximate dollar value per the filings is inconsistent (reported as ~$444K and ~$279M in different sections, and an additional separate entry for 55,000 shares with ~$1.6M combined). Regardless of the discrepancy, the director's proposed sale is an advance notice of intent to sell restricted or control securities and is not a completed transaction. Given the filing nature (only intent, not executed sale), mixed data quality, and the director role (not CEO/CFO), this carries limited standalone market signal.
Actionable Insight
Form 144 is a notice of intent to sell, not an executed trade. No material price signal for CZR. Monitor insider Form 4 filings over the coming weeks to determine if the sale actually occurred. Given historical performance on CZR reports (0% win rate at T+20), the market has not responded to this filing type.
Key Facts
- Reporting person: Michael E. Pegram, director
- Shares proposed to be sold: 152,000 common shares (subject to data discrepancies in the filing)
- Total approximate market value of proposed sale not reliably determinable from inconsistent data; at least ~$1.6M based on separate entries for 55,000 shares
- Shares acquired via open-market purchases in 2023 and 2024
- Proposed sale date: June 8, 2026; Form 144 filed June 9, 2026
Financial Impact
Director proposes sale of shares acquired via open-market purchases. Market value of the sale, based on the larger filed entry of 55,000 shares with ~$1.6M, is modest relative to $6B market cap (~0.003% for that portion). The larger share count (152,000) cannot be reliably priced from the filing data alone.
Risk Factors
- Director may or may not execute the proposed sale — Form 144 is non-binding
- Filing data contains internal discrepancies, reducing reliability of volume and value estimates
Market Snapshot
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001974078-26-000227 |
| Document: 0001974078-26-000227-index.html | 0001974078-26-000227 |
| Document: 0001974078-26-000227.txt | 0001974078-26-000227 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 10, 2026
today
|
144
| $29.39 awaiting T+1 | awaiting T+1 | — | $29.41 (+0.07%) |
|
Jun 9, 2026
today
|
144
| $29.45 awaiting T+1 | awaiting T+1 | — | $29.41 (−0.12%) |
|
Jun 9, 2026
1d ago
|
144
| $29.39 awaiting T+1 | awaiting T+1 | — | $29.41 (+0.07%) |
|
Jun 9, 2026
1d ago
|
144
| $29.31 awaiting T+1 | awaiting T+1 | — | $29.41 (+0.34%) |
|
Jun 2, 2026
7d ago
|
144
| $29.17 $29.24 | ▲ +0.24% | ▼ −0.16% | $29.41 (+0.84%) |
|
Jun 2, 2026
7d ago
|
144
| $29.17 $29.24 | ▲ +0.24% | ▼ −0.16% | $29.41 (+0.84%) |
|
May 28, 2026
13d ago
|
DEFA14A
| $29.06 $29.03 | ▼ −0.10% | ▼ −0.34% | $29.41 (+1.22%) |
|
May 28, 2026
13d ago
|
8-K
| $29.06 $29.03 | ▼ −0.10% | ▼ −0.34% | $29.41 (+1.22%) |
US Market Status
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