Form 4: Caesars Entertainment CAO Stephanie Lepori Reports Stock Transactions
SEC Form 4 Filing
Stephanie Lepori, CAO & Chief Admin. Officer of Caesars Entertainment, reports the vesting and disposal of restricted stock units and common stock.
Summary
- On January 1, 2025, Stephanie Lepori vested 4,916 restricted stock units (RSUs) which converted into common stock.
- Also on January 1, 2025, 4,916 shares of common stock were acquired upon the vesting of the RSUs.
- On January 2, 2025, Ms. Lepori disposed of 2,173 shares of common stock at a price of $32.59 per share.
- Following these transactions, Ms. Lepori directly owns 51,413 shares of Caesars Entertainment common stock and 9,834 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral filing, simply reporting stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel within Caesars Entertainment.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership of shares.
Key Dates
| Date | Description |
|---|---|
| January 26, 2024 | Restricted stock units were granted pursuant to the Amended and Restated 2015 Equity Incentive Plan. |
| January 1, 2025 | Restricted stock units vested and converted into common stock. |
| January 2, 2025 | 2,173 shares of common stock were disposed of at $32.59 per share. |
| January 3, 2025 | Date of signature for the Form 4 filing. |
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