Christopher Byron Rogers - Feb 29, 2024 Form 4 Insider Report for PENN Entertainment, Inc. (PENN)

Role
EVP and Chief Strategy Officer
Signature
/s/ Josh Sidsworth, Attorney-In-Fact for Chris Rogers
Stock symbol
PENN
Transactions as of
Feb 29, 2024
Transactions value $
-$40,572
Form type
4
Date filed
3/4/2024, 06:36 PM
Previous filing
Jan 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PENN Common Stock Award $0 +178 +0.59% $0.00 30.4K Feb 29, 2024 Direct F1
transaction PENN Common Stock Award $0 +6.1K +20.08% $0.00 36.5K Feb 29, 2024 Direct F2
transaction PENN Common Stock Award $0 +10.4K +28.52% $0.00 46.9K Feb 29, 2024 Direct F3
transaction PENN Common Stock Tax liability -$40.6K -2.25K -4.81% $18.00 44.7K Feb 29, 2024 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects an adjustment to the restricted stock credited to the Reporting Person underlying a performance shares award, granted in 2021 and initially reported at target, for actual achievement of the third year's performance goal.
F2 Restricted units credited to the Reporting Person from a performance unit award granted in 2022 due to the achievement of the second year's performance goal.
F3 Restricted units credited to the Reporting Person from a performance unit award granted in 2023 due to the achievement of the first year's performance goal.
F4 Reflects Common Stock withheld by the Issuer to satisfy tax withholding obligations upon the vesting of restricted stock under the 2021 Performance Plan. This is not an open market sale of securities.