Gupta Vimla Black - 03 Jan 2026 Form 4 Insider Report for PENN Entertainment, Inc. (PENN)

Role
Director
Signature
/s/ Joshua Sidworth, Attorney-In-Fact for Vimla Black Gupta
Issuer symbol
PENN
Transactions as of
03 Jan 2026
Net transactions value
-$192,961
Form type
4
Filing time
06 Jan 2026, 17:24:17 UTC
Previous filing
18 Nov 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Black Gupta Vimla Director 825 BERKSHIRE BLVD., SUITE 200, WYOMISSING /s/ Joshua Sidworth, Attorney-In-Fact for Vimla Black Gupta 06 Jan 2026 0001866911

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PENN Common Stock Options Exercise +12,994 +52% 37,994 03 Jan 2026 Direct F1
transaction PENN Common Stock Disposed to Issuer $192,961 -12,994 -34% $14.85 25,000 03 Jan 2026 Direct F1
transaction PENN Common Stock Award $0 +16,835 +67% $0.000000 41,835 05 Jan 2026 Direct 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 Options Exercise -12,994 -100% 0 03 Jan 2026 Common Stock 12,994 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 securities reported are shares of restricted stock that vest on January 5, 2027.