UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 8.01 | Other Events |
Chief Executive Officer, Tom Reeg, adopted a trading plan pursuant to Rule 10b5-1(c) of the Securities Exchange Act of 1934, as amended, during the most recent open trading window under the Caesars Entertainment, Inc. securities trading policy (the “Reeg 10b5-1 Plan”). The Reeg 10b5-1 Plan currently contemplates sales relating to up to 140,000 shares of common stock of Caesars Entertainment, Inc. (the “Company”) from time to time until December 31, 2021. The Reeg 10b5-1 Plan was entered into by Mr. Reeg for long-term financial planning and diversification purposes.
President and Chief Operating Officer, Anthony Carano, adopted a trading plan pursuant to Rule 10b5-1(c) of the Securities Exchange Act of 1934, as amended (the “Carano 10b5-1 Plan”), during the most recent open trading window under the Company’s securities trading policy. The Carano 10b5-1 Plan currently contemplates sales relating to up to 50,000 shares of common stock of Caesars Entertainment, Inc. from time to time until December 31, 2021. The Carano 10b5-1 Plan was entered into by Mr. Carano for long-term financial planning and diversification purposes.
It is possible that other executive officers and directors of the Company may enter into similar stock trading plans in the future. Except as may be required by law, the Company does not undertake to report on stock trading plans by other Company officers or directors, nor report modifications, terminations or other activities under any publicly announced trading plan.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: January 7, 2021 | CAESARS ENTERTAINMENT, INC. | |||||
| By: | /s/ Edmund L. Quatmann, Jr. | |||||
| Executive Vice President, Chief Legal Officer and Secretary | ||||||