secwatch.observer — SEC 8-K summary
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Issuer:     Caesars Entertainment, Inc. (CZR)
CIK:        0001590895
Form:       8-K
Filed at:   2024-01-30T23:59:59+00:00
Accession:  0001590895-24-000004
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Caesars extends CEO Reeg and exec team contracts through Jan 2027; grants RSUs
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- CEO Tom Reeg and five other execs extended employment term to Jan 1, 2027, with auto one-year renewals.
- One-time RSU grants: Reeg 70,126, Carano 82,509, Yunker 57,754, Quatmann 49,505, Lepori 14,750, Jones 10,250; vest over three years.
- New annual base salaries: Reeg $2M, Carano $1.35M, Yunker $1.2M, Quatmann $800k, Lepori $725k.
- Annual bonus targets: Reeg 200% of base, Carano 125%, Yunker 125%, Quatmann 100%, Lepori 100%.
- Long-term incentive awards as % of base: Reeg 475%, Carano 325%, Yunker 300%, Quatmann 250%, Lepori 250%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590895/000159089524000004/0001590895-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590895/000159089524000004/czr-20240126.htm
  HTML page:      https://secwatch.observer/filing/0001590895-24-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer