Director at Gaming & Leisure (GLPI) sells 3,000 company shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gaming & Leisure Properties, Inc. director E. Scott Urdang reported an open-market sale of company common stock. On June 10, 2026, he sold 3,000 shares at an average price of $48.32 per share. Following this transaction, he directly holds 127,429 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,000 shares ($144,960)
Net Sell
1 txn
Insider
Urdang E Scott
Role
null
Sold
3,000 shs ($145K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,000 | $48.32 | $145K |
Holdings After Transaction:
Common Stock — 127,429 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 3,000 shares
Sale price per share: $48.32 per share
Shares held after transaction: 127,429 shares
+1 more
4 metrics
Shares sold
3,000 shares
Open-market sale on June 10, 2026
Sale price per share
$48.32 per share
Average price for 3,000 shares sold
Shares held after transaction
127,429 shares
Direct holdings following the sale
Net shares sold
3,000 shares
Net sell direction in transaction summary
Key Terms
open-market sale, Common Stock, Form 4
3 terms
open-market sale financial
"transaction_action is described as an open-market sale of common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title for the transaction is listed as Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"insider activity is reported on a Form 4 insider trading report"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did GLPI director E. Scott Urdang report in this Form 4?
Director E. Scott Urdang reported selling 3,000 shares of Gaming & Leisure Properties common stock. The transaction was an open-market sale on June 10, 2026, and reflects a small portion of his overall direct holdings in the company.
What type of security did the GLPI director trade in this Form 4 filing?
The director traded Gaming & Leisure Properties common stock in this filing. The Form 4 lists the security title as Common Stock and classifies the event as a non-derivative open-market sale transaction, rather than involving options or other derivative securities.