Saul Reibstein - 03 Jan 2025 Form 4 Insider Report for PENN Entertainment, Inc. (PENN)

Role
Director
Signature
/s/ Joshua Sidsworth, Attorney-In-Fact for Saul Reibstein
Issuer symbol
PENN
Transactions as of
03 Jan 2025
Transactions value $
-$185,358
Form type
4
Filing time
07 Jan 2025, 17:07:52 UTC
Previous filing
24 May 2024
Next filing
23 May 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PENN Common Stock Options Exercise +9,634 +26% 46,689 03 Jan 2025 Direct F1
transaction PENN Common Stock Disposed to Issuer -$185,358 -9,634 -21% $19.24 37,055 03 Jan 2025 Direct F1
holding PENN Common Stock 150 03 Jan 2025 By Spouse F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PENN Phantom Stock Units Award +12,994 12,994 03 Jan 2025 Common Stock 12,994 Direct F3
transaction PENN Phantom Stock Units Options Exercise -9,634 -100% 0 03 Jan 2025 Common Stock 9,634 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person receives a cash payment for each phantom stock unit equal to the fair market value on the vesting date of one share of the Company's common stock.
F2 The reporting person disclaims beneficial ownership of the shares owned by his spouse.
F3 The reporting person will receive a cash payment for each phantom stock unit equal to the fair market value on the vesting date of one share of the Company's common stock. The reporting person elected to receive the 2025 annual equity award for directors in phantom stock units.