CLO Edmund L Jr Quatmann sold 81,566 shares (81.7% of holdings) of CZR at $29.35 for $2,393,823.44
Edmund L Jr Quatmann, Chief Legal Officer of Caesars Entertainment, executed a substantial sale of 81,566 shares, reducing his holdings from 99,829 shares to 18,263 shares—a reduction of 81.7% of his pre-transaction position. The sale occurred at $29.35 per share, near the company's current price of $29.47 and within the 52-week range of $17.86–$31.58. The company's recent fundamentals show a net loss of $98,000,000 over its latest full fiscal year, while quarterly revenue was $2,870,000,000 with annual revenue growth of 2.1%. This substantial liquidation by a senior officer at a time when the company is unprofitable merits monitoring for what it may signal about management's confidence in near-term operational recovery or capital allocation priorities.