Jane Scaccetti - Nov 6, 2023 Form 4 Insider Report for PENN Entertainment, Inc. (PENN)

Role: Director
Signature: /s/ Joshua Sidsworth, Attorney-In-Fact for Jane Scaccetti
Stock symbol: PENN
Transactions as of: Nov 6, 2023
Transactions value $: $100,452
Form type: 4
Date filed: 11/6/2023, 06:00 PM
Previous filing: Jan 5, 2023
Next filing: Jan 5, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PENN	Common Stock	Purchase	$100K	+4.4K	+7.46%	$22.83	63.4K	Nov 6, 2023	Direct	F1
holding	PENN	Common Stock						3K	Nov 6, 2023	By GRAT	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $22.82 to $22.83, inclusive. The reporting person undertakes to provide to PENN Entertainment, Inc., any security holder of PENN Entertainment, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares transacted at each separate price within the range set forth in this footnote.
F2	These shares, which were previously held by the reporting person directly, were previously transferred to a grantor retained annuity trust (the "GRAT"). As the reporting person is the trustee and the beneficiary of the GRAT, this transfer was exempt from Section 16 pursuant to Rule 16a-13.

Content

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $22.82 to $22.83, inclusive. The reporting person undertakes to provide to PENN Entertainment, Inc., any security holder of PENN Entertainment, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares transacted at each separate price within the range set forth in this footnote.

These shares, which were previously held by the reporting person directly, were previously transferred to a grantor retained annuity trust (the "GRAT"). As the reporting person is the trustee and the beneficiary of the GRAT, this transfer was exempt from Section 16 pursuant to Rule 16a-13.