GLPI (NASDAQ: GLPI) CFO executes 9,804-share stock sale under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gaming & Leisure Properties, Inc. Chief Financial Officer and Treasurer Desiree A. Burke reported an open-market sale of common stock. She sold 9,804 shares of Gaming & Leisure Properties common stock at a weighted average price of $49.02 per share, in transactions executed between $49.00 and $49.10 per share. After this sale, she directly owns 128,352 shares of the company’s common stock. The transaction was carried out under a pre-established Rule 10b5-1 trading plan adopted by the reporting person on 05/07/2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,804 shares ($480,592)
Net Sell
1 txn
Insider
Burke Desiree A.
Role
CFO and Treasurer
Sold
9,804 shs ($481K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,804 | $49.02 | $481K |
Holdings After Transaction:
Common Stock — 128,352 shares (Direct)
Footnotes (1)
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 05/07/2025 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.00 to $49.10 inclusive. The reporting person undertakes to provide Gaming and Leisure Properties, Inc., any security holder of Gaming and Leisure Properties, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnote to this Form 4.
FAQ
What did GLPI CFO Desiree A. Burke report in this Form 4 filing?
GLPI CFO and Treasurer Desiree A. Burke reported an open-market sale of 9,804 shares of Gaming & Leisure Properties common stock, executed under a Rule 10b5-1 trading plan, with a weighted average price of $49.02 per share across multiple trades.
Was the GLPI CFO’s stock sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the transaction was effected under a Rule 10b5-1 trading plan adopted by the reporting person on 05/07/2025, indicating the sale followed a pre-arranged schedule rather than a discretionary, spur-of-the-moment trade.
What price range did the GLPI CFO’s Form 4 reported trades cover?
The trades were executed at prices ranging from $49.00 to $49.10 per share. The Form 4 notes that the reported $49.02 figure is a weighted average price, and detailed trade-by-trade pricing is available from the reporting person upon request.
Who is the insider in this GLPI Form 4 and what is their role?
The insider is Desiree A. Burke, who serves as Chief Financial Officer and Treasurer of Gaming & Leisure Properties, Inc. She is an officer of the company and reported the sale of GLPI common stock in this Form 4 filing.