---
schema_version: "secwatch.filing_event.v1"
accession: "0001590895-25-000113"
form_type: "8-K"
ticker: "CZR"
cik: "0001590895"
company_name: "Caesars Entertainment, Inc."
filed_at: "2025-05-02T23:59:59+00:00"
generated_at: "2026-05-22T22:49:37.970269+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Caesars amends Icahn nomination agreement on share repurchase cap adjustments

## Summary
- Amendment dated May 2, 2025 to the March 17, 2025 Director Appointment and Nomination Agreement with Carl Icahn and affiliates.
- If Caesars repurchases shares causing Icahn Group to exceed 5% beneficial ownership, Icahn may reduce stake below 5% without triggering board representation thresholds.
- Icahn designees executed new irrevocable resignation letters reflecting the amended terms.
- Company must notify Icahn Group within two business days of any share repurchase decreasing outstanding shares by 1% or more.

## SEC filing metadata
- accession: 0001590895-25-000113
- form_type: 8-K
- ticker: CZR
- cik: 0001590895
- company_name: Caesars Entertainment, Inc.
- filed_at: 2025-05-02T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590895/000159089525000113/0001590895-25-000113-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590895/000159089525000113/czr-20250502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001590895-25-000113
- JSON: https://secwatch.observer/filing/0001590895-25-000113.json
- Plain text: https://secwatch.observer/filing/0001590895-25-000113.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.