Form 4: Caesars Entertainment Chief Legal Officer Reports Stock Transactions
SEC Form 4 Filing
Edmund L. Quatmann Jr., Chief Legal Officer of Caesars Entertainment, reports acquisition and disposal of common stock related to restricted stock units.
Summary
- Edmund L. Quatmann Jr., Chief Legal Officer of Caesars Entertainment, filed a Form 4 detailing changes in beneficial ownership.
- On February 25, 2025, Mr. Quatmann acquired 6,652 shares of common stock at $0 related to restricted stock units.
- On the same day, he disposed of 2,618 shares of common stock at $34.87.
- Following these transactions, Mr. Quatmann beneficially owns 75,520 shares of Caesars Entertainment common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| January 28, 2022 | Restricted stock units were granted pursuant to the Amended and Restated 2015 Equity Incentive Plan. |
| February 25, 2025 | Date of stock acquisition and disposal; determination of achievement level of restricted stock units by the Board. |
| February 27, 2025 | Date of signature on the Form 4 filing. |
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