Company: CZR
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001590895-25-000068
Chunk: 503

Company: Caesars Entertainment, Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 8
Chunk 503
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 outstanding – basic215 215 214 Effect of dilutive securities:Stock-based compensation awards— 1 — Weighted average shares outstanding – diluted215 216 214 Basic income (loss) per share from continuing operations$(1.29)$3.65 $(2.39)Basic loss per share from discontinued operations— — (1.80)Net income (loss) per common share attributable to common stockholders – basic:$(1.29)$3.65 $(4.19)Diluted income (loss) per share from continuing operations$(1.29)$3.64 $(2.39)Diluted loss per share from discontinued operations— — (1.80)Net income (loss) per common share attributable to common stockholders – diluted:$(1.29)$3.64 $(4.19)Weighted-Average Number of Anti-Dilutive Shares Excluded from Calculation of EPSYears Ended December 31,(In millions)202420232022Stock-based compensation awards4 1 3 Total anti-dilutive common stock4 1 3 

Note 12. Stock-Based Compensation and Stockholders’ Equity

Stock-Based AwardsThe Company maintains long-term incentive plans which allow for granting stock-based compensation awards of Company Common Stock to directors, employees, officers, and consultants or advisers who render services to the Company or its subsidiaries, including stock options, restricted stock, restricted stock units (“RSUs”), performance stock units (“PSUs”), market-based performance stock units (“MSUs”), stock appreciation rights, and other stock-based awards or dividend equivalents. Forfeitures are recognized in the period in which they occur. Performance Incentive PlansThe Board of Directors (“Board”) adopted, and the Company’s stockholders approved, the 2015 Equity Incentive Plan, as amended and restated in 2019 (the “2015 Plan”), which allows for shares to be granted as part of the Company’s long-term incentive plan. On April 24, 2024, the Board approved an amendment to the 2015 Plan and the Company’s stockholders subsequently approved the adoption of the amended and restated 2015 Plan on June 11, 2024. The amendment to the 2015 Plan allows for, among other things, an increase in the number of shares available for future grants to 8 million shares, plus the number of shares available for issuance under the 2015 Plan on the