Company: CZR
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0001590895-25-000130
Chunk: 105

Company: Caesars Entertainment, Inc.
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 8
Chunk 105
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. On the vesting date, recipients will receive between 0% and 200% of the target number of MSUs granted, in the form of Company Common Stock, based on the achievement of specified market and service conditions and terms of the underlying award granted. The grant date fair value of the MSUs was determined using a Monte-Carlo simulation model. Key assumptions for the Monte-Carlo simulation model are the risk-free interest rate, expected volatility, expected dividends and correlation coefficient. The effect of market conditions is considered in determining the grant date fair value, which is not subsequently revised based on actual performance.During the nine months ended September 30, 2025, 1.2 million, 80 thousand and 107 thousand of RSUs, PSUs and MSUs, respectively, vested under the 2015 Plan. Outstanding at End of PeriodSeptember 30, 2025December 31, 2024QuantityWtd-Avg (a)QuantityWtd-Avg (a)Restricted stock units3,532,419$39.09 2,668,811$47.64 Performance stock units 518,22127.03 397,15633.42 Market-based stock units1,050,10561.04 1,096,10473.15 ____________________(a)Represents the weighted-average grant date fair value for RSUs, weighted-average grant date fair value for PSUs where the grant date has been achieved, the price of CEI common stock as of the balance sheet date for PSUs where a grant date has not been achieved, and the grant date fair value of the MSUs determined using the Monte-Carlo simulation model.Accumulated Other Comprehensive Income (Loss)The changes in Accumulated other comprehensive income (loss) by component, net of tax, for the periods through September 30, 2025 and 2024 are shown below.(In millions)Accumulated Other Comprehensive Income (Loss)Balance as of December 31, 2023$97 Foreign currency and other(1)Balance as of March 31, 202496 Foreign currency and other— Balance as of June 30, 202496 Foreign currency and other1 Balance as of September 30, 2024$97 Balance as of December 31, 2024$96 Foreign currency and other— Balance as of March 31, 202596 Foreign currency and other2 Balance as