Anuj Dhanda - 03 Jan 2026 Form 4 Insider Report for PENN Entertainment, Inc. (PENN)

Reporting relationship: Director
Issuer ticker: PENN
Reported as of: 03 Jan 2026
Net transaction value: -$192,961
SEC form: 4
Accepted by SEC: 06 Jan 2026, 17:25:23 UTC
Prior SEC filing: 04 Jun 2026
Next SEC filing: 10 Feb 2026
Source filing: View source filing
Reporting owner signature: /s/ Josh Sidsworth, Attorney-In-Fact for Anuj Dhanda

Key filing fact

Anuj Dhanda filed Form 4 for PENN Entertainment, Inc. (PENN) on 06 Jan 2026.

Key facts

This page summarizes Anuj Dhanda's Form 4 filing for PENN Entertainment, Inc. (PENN).
4 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 06 Jan 2026, 17:25.

Change

Previous filing in this sequence was filed on 04 Jun 2026.
Current net transaction value: -$192,961.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001797932 Primary reporting owner

DHANDA ANUJ

Relationship: Director
Address: 825 BERKSHIRE BLVD., SUITE 200, WYOMISSING
Signature: /s/ Josh Sidsworth, Attorney-In-Fact for Anuj Dhanda
Signature date: 06 Jan 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PENN transaction

Common Stock

Options Exercise

Transaction value
Shares: +12,994
Change %: +41%
Price
Shares after: 44,517
Date: 03 Jan 2026
Ownership: Direct
Footnotes: F1

PENN transaction

Common Stock

Disposed to Issuer

Transaction value: $192,961
Shares: -12,994
Change %: -29%
Price: $14.85
Shares after: 31,523
Date: 03 Jan 2026
Ownership: Direct
Footnotes: F1

PENN transaction

Common Stock

Award

Transaction value: $0
Shares: +16,835
Change %: +53%
Price: $0.000000
Shares after: 48,358
Date: 05 Jan 2026
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PENN transaction Derivative

Phantom Stock Units

Options Exercise

Transaction value
Shares: -12,994
Change %: -100%
Price
Shares after: 0
Date: 03 Jan 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 12,994
Exercise price
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote 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.

Footnote F2

The securities reported are shares of restricted stock that vest on January 5, 2027.