Peter M. Carlino - 02 Jan 2026 Form 4 Insider Report for Gaming & Leisure Properties, Inc. (GLPI)

Signature
/s/Peter M. Carlino
Issuer symbol
GLPI
Transactions as of
02 Jan 2026
Net transactions value
-$2,759,242
Form type
4
Filing time
05 Jan 2026, 17:31:12 UTC
Previous filing
03 Mar 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
CARLINO PETER M Chairman and CEO, Director 845 BERKSHIRE BLVD., SUITE 200, WYOMISSING /s/Peter M. Carlino 05 Jan 2026 0001211342

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLPI Common Stock Award $0 +87,010 +1.4% $0.000000 6,101,510 02 Jan 2026 Direct F1
transaction GLPI Common Stock Tax liability $1,691,159 -37,842 -0.62% $44.69 6,063,668 02 Jan 2026 Direct
transaction GLPI Common Stock Award $0 +8,735 +0.14% $0.000000 6,072,403 02 Jan 2026 Direct F2
transaction GLPI Common Stock Tax liability $169,777 -3,799 -0.06% $44.69 6,068,604 02 Jan 2026 Direct
transaction GLPI Common Stock Award $0 +9,353 +0.15% $0.000000 6,077,957 02 Jan 2026 Direct F2
transaction GLPI Common Stock Tax liability $181,799 -4,068 -0.07% $44.69 6,073,889 02 Jan 2026 Direct
transaction GLPI Common Stock Tax liability $362,302 -8,107 -0.13% $44.69 6,065,782 02 Jan 2026 Direct
transaction GLPI Common Stock Tax liability $354,205 -7,974 -0.13% $44.42 6,057,808 03 Jan 2026 Direct
holding GLPI Common Stock 28,683 02 Jan 2026 By Spouse
holding GLPI Common Stock 4,707,917 02 Jan 2026 By Trusts F3

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 GLPI LTIP Units Award $0 +55,000 +100% $0.000000 110,000 02 Jan 2026 Common Stock 55,000 $0.000000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects performance-based restricted stock earned and paid on January 2, 2026. The award had a performance period beginning on January 1, 2023 and ending December 31, 2025. The shares which vested at the end of the performance period was based upon the Company's three-year total shareholder return ranking among the three-year return of the companies included in the MSCI US REIT Index and Triple-Net REIT peers.
F2 Represents receipt of dividends related to performance-based restricted stock that accrued during the applicable performance period on the shares earned and paid on January 2, 2026.
F3 Includes (i) 387,561 shares owned by a residuary trust for the benefit of Peter D. Carlino and Peter D. Carlino's children, as to which Mr. Carlino has shared voting and investment power; and (ii) 4,320,356 shares held by the Carlino Family Trust. The reporting person disclaims beneficial ownership of the shares owned by the trusts, except to the extent of his pecuniary interest therein, and this report should not be deemed an admission the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
F4 Represents units of limited partnership interests ("LTIP Units") in GLP Capital, L.P. The LTIP Units will vest and become nonforfeitable ratably over the three-year period beginning on the date of grant, subject to the reporting person's continued service and have no expiration date.