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CZRCaesars Entertainment, Inc. · Insider ownership research

Caesars Entertainment, Inc. insiders sold $18.4M in the past 12 months. How much of their stake is that?

0% was sold under disclosed trading plans, 100% with no plan disclosed. The largest seller, Michael Pegram (Director), sold $6.2M.Share-of-stake figures for this company are being verified and will be added when that check is finished. Why

Updated Oct 16, 2026 from SEC filings · covers Oct 17, 2025 to Oct 16, 2026
1
buyer among officers and directors (1 trade), past 12 months
0%
of sales were under disclosed trading plans, past 12 months
6 of 16
officers and directors sold shares, past 12 months
Is this normal? More than usual: about 5x the 5-year average. 6 insiders sold; the average is 3 a year. Year by year
Latest filing: Filed Sep 16 for a sale from Sep 14 to Sep 15. David Tomick sold 14K shares ($420K) with no plan disclosed. Filing
SEC ownership filings: 47 filed in the 12 months to Oct 16, 2026; 532 on record since Sep 18, 2014 · See the evidence

What stands out

Five insiders sold $17.5M with no disclosed plan: Michael Pegram ($6.2M), Bret Yunker ($6.2M) and Edmund Quatmann Jr. ($2.4M), plus 2 more. The filings don't state a reason.Michael Pegram: largest such sale, Jun 10, 2026 · Bret Yunker: largest such sale, Aug 19, 2026 · Edmund Quatmann Jr.: largest such sale, Jun 9, 2026
Bonnie Biumi bought 1K shares for $19K, first on Oct 31, 2025.Purchase, Oct 31, 2025
Selling picked up in the last 90 days: officers and directors sold 330K shares, against an average of 96K per 90 days earlier in the period. Most of it was Bret Yunker (208K shares in the last 90 days) and Josh Jones (60K shares in the last 90 days); 0% of these sales were under disclosed plans.Bret Yunker: largest recent sale, Aug 19, 2026 · Josh Jones: largest recent sale, Aug 14, 2026

A share of stake is shown for 0 of the 6 officers and directors who sold. 16 are left out

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Left out: Gary Carano, Thomas Reeg, Anthony Carano, Michael Pegram, Bret Yunker, Edmund Quatmann Jr., Stephanie Lepori, Josh Jones, David Tomick, Courtney Mather, Bonnie Biumi, Blackhurst Jones, Frank Fahrenkopf Jr., Ted Papapostolou, Jesse Lynn and Kim Jones (share of stake is being verified).
Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Their share of stake is being verified and is not shown yet; amounts and trading plans are below.

Michael Pegram
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$6.2MNo plan disclosed
Bret Yunker
Chief Financial Officer
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$6.2MNo plan disclosed
Edmund Quatmann Jr.
Chief Legal Officer
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$2.4MNo plan disclosed
Josh Jones
Chief Marketing Officer
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$1.8MNo plan disclosed
Blackhurst Jones
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$1.0MNo plan disclosed
All 6 sellers

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

No plan disclosedOne dollar scale for every month; the tallest bar is labeled
OctNovDecJanFebMarAprMayJun 2026: $8.6M no plan disclosedJunJulAug 2026: $8.9M no plan disclosed$8.9MAugSep 2026: $835K no plan disclosedSepOct

Recent activity

Past 30 days, Sep 17, 2026 to Oct 16, 2026

No officer or director trades were reported for the past 30 days. The most recent before that:

Sep 15, 2026David Tomick sold 7.1K shares ($212K) with no plan disclosed.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
David Tomick
Director
7,142$29.71n/an/aSep 15, 2026Sep 16, 2026

Common questions

Is the Caesars Entertainment, Inc. CEO selling stock?

No. Thomas Reeg reported no open-market sales in the past 12 months.

Why are Caesars Entertainment, Inc. insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 0% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 100% had no disclosed plan. A trading plan schedules sales in advance.

Are any Caesars Entertainment, Inc. insiders buying?

Yes. 1 officer or director reported 1 purchase in the past 12 months (Form 4 code P; rows the filings describe as reinvested dividends, plan purchases, private deals or moves into the person's own trust are not counted).

The evidence

Who sold6 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Michael Pegram
Director
$6.2M
212K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Bret Yunker
Chief Financial Officer
$6.2M
208K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Edmund Quatmann Jr.
Chief Legal Officer
$2.4M
82K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Josh Jones
Chief Marketing Officer
$1.8M
60K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Blackhurst Jones
Director
$1.0M
34K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
David Tomick
Director
$835K
28K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
The full ownership picture0 of 16 officers and directors confirmed

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 16, 2025SoldHeld Oct 16, 2026Still held
Gary Carano
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Gary Carano are complete.
Exec. Chairman of the Board, Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Gary Carano

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Gary Carano are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−4.9Kwithheld by the company for taxes
Thomas Reeg
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Thomas Reeg are complete.
Chief Executive Officer, Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Thomas Reeg

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Thomas Reeg are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−66Kwithheld by the company for taxes
Anthony Carano
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Anthony Carano are complete.
President and COO
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Anthony Carano

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Anthony Carano are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−37Kwithheld by the company for taxes
Michael Pegram
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Michael Pegram are complete.
Director
n/a−212Kn/an/a
Vesting, gifts, unvested awards and holding lines for Michael Pegram

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Michael Pegram are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Bret Yunker
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Bret Yunker are complete.
Chief Financial Officer
n/a−208Kn/an/a
Vesting, gifts, unvested awards and holding lines for Bret Yunker

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Bret Yunker are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−29Kwithheld by the company for taxes
Edmund Quatmann Jr.
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Edmund Quatmann Jr. are complete.
Chief Legal Officer
n/a−82Kn/an/a
Vesting, gifts, unvested awards and holding lines for Edmund Quatmann Jr.

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Edmund Quatmann Jr. are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−20Kwithheld by the company for taxes
Stephanie Lepori
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Stephanie Lepori are complete.
CAO and Chief Admin Officer
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Stephanie Lepori

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Stephanie Lepori are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−12Kwithheld by the company for taxes
Josh Jones
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Josh Jones are complete.
Chief Marketing Officer
n/a−60Kn/an/a
Vesting, gifts, unvested awards and holding lines for Josh Jones

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Josh Jones are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−6.8Kwithheld by the company for taxes
David Tomick
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for David Tomick are complete.
Director
n/a−28Kn/an/a
Vesting, gifts, unvested awards and holding lines for David Tomick

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for David Tomick are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Courtney Mather
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Courtney Mather are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Courtney Mather

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Courtney Mather are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Bonnie Biumi
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Bonnie Biumi are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Bonnie Biumi

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Bonnie Biumi are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Blackhurst Jones
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Blackhurst Jones are complete.
Director
n/a−34Kn/an/a
Vesting, gifts, unvested awards and holding lines for Blackhurst Jones

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Blackhurst Jones are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Frank Fahrenkopf Jr.
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Frank Fahrenkopf Jr. are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Frank Fahrenkopf Jr.

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Frank Fahrenkopf Jr. are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Ted Papapostolou
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Ted Papapostolou are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Ted Papapostolou

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Ted Papapostolou are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Jesse Lynn
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Jesse Lynn are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Jesse Lynn

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Jesse Lynn are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Kim Jones
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Kim Jones are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Kim Jones

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Kim Jones are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Holdings and share of stake for Caesars Entertainment, Inc. are being verified, so no balances, unit counts or percentages are shown. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings.

What explains the selling$18.4M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $18.4M across 623,145 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

No plan disclosed · $18.4M

Sales with no 10b5-1 plan and no tax reference in the filing. $6.2M of it is Michael Pegram. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Bret Yunker, Aug 19, 2026

Taxes

175,228 shares ($3.8M) were withheld by the company for taxes, which isn't a market sale.

Purchases · 1 buyer (1 trade)

1 officer or director bought shares in this period, in 1 trade(Form 4 code P, leaving out rows the filings describe as reinvested dividends, plan purchases, private deals or moves into the person's own trust). Across all their filings on record there are 53 purchase trades.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Michael Pegram
Director
212K$6.2M0%34%Jun 2, 2026 to Jun 12, 2026
Bret Yunker
Chief Financial Officer
208K$6.2M0%34%Aug 19, 2026 to Aug 19, 2026
Edmund Quatmann Jr.
Chief Legal Officer
82K$2.4M0%13%Jun 9, 2026 to Jun 9, 2026
Josh Jones
Chief Marketing Officer
60K$1.8M0%10%Aug 14, 2026 to Aug 14, 2026
Blackhurst Jones
Director
34K$1.0M0%5%Aug 27, 2026 to Aug 27, 2026
David Tomick
Director
28K$835K0%5%Sep 10, 2026 to Sep 15, 2026

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$0$0$0$0
Nov 2025$0$0$0$0
Dec 2025$0$0$0$0
Jan 2026$0$0$0$0
Feb 2026$0$0$0$0
Mar 2026$0$0$0$0
Apr 2026$0$0$0$0
May 2026$0$0$0$0
Jun 2026$8.6M$0$0$8.6M
Jul 2026$0$0$0$0
Aug 2026$8.9M$0$0$8.9M
Sep 2026$835K$0$0$835K
Oct 2026$0$0$0$0
Is this normal? Selling year by year5 earlier years to compare with

More than usual: about 5x the 5-year average. 6 insiders sold; the average is 3 a year.

12 months endingShares soldInsiders who soldProceeds
Oct 16, 2026
Latest 12 months
623K6$18.4M
Oct 16, 2025
1 year earlier
00$0
Oct 16, 2024
2 years earlier
11K2$349K
Oct 17, 2023
3 years earlier
33K1$1.7M
Oct 17, 2022
4 years earlier
16K3$1.3M
Oct 17, 2021
5 years earlier
579K8$49.9M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty16 officers and directors not confirmed

Holdings and share of stake are being verified. Balances, unit counts and every share-of-stake figure for Caesars Entertainment, Inc. are held back until that check is finished. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings and are complete.

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology532 filings on record, 47 filed in the 12-month period, and how we read them

All 532 Forms 3, 4 and 5 on record for Caesars Entertainment, Inc. (SEC CIK 1590895), filed from Sep 18, 2014 to Sep 16, 2026; 47 of them were filed in the 12 months this page covers, retrieved from SEC EDGAR on Oct 16, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (13)No filing in 18 months; last reported balances, not in any total

Spotted something wrong on this page? Report an error. We check every report against the SEC filing and list what we fix in the corrections log.