Director at PENN Entertainment (PENN) adds 8,000 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PENN Entertainment director Jane Scaccetti bought additional company stock. She made an open-market purchase of 8,000 shares of PENN Entertainment common stock at a weighted average price of $15.09 per share, in multiple trades priced between $15.05 and $15.12.
After this transaction, she directly owns 117,153 shares of PENN Entertainment common stock. The purchase reflects a net increase in her holdings, as there were no reported stock sales in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 8,000 shares ($120,720)
Net Buy
1 txn
Insider
SCACCETTI JANE
Role
Director
Bought
8,000 shs ($121K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 8,000 | $15.09 | $121K |
Holdings After Transaction:
Common Stock — 117,153 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did PENN (PENN) disclose for Jane Scaccetti?
PENN disclosed that director Jane Scaccetti bought 8,000 shares of common stock in an open-market transaction. This Form 4 filing reports a weighted average purchase price of $15.09 per share across multiple trades within a narrow intraday price range.
Was the PENN (PENN) insider transaction a purchase or a sale?
The reported insider transaction was a purchase of PENN Entertainment common stock. Form 4 data classify it as an open-market buy of 8,000 shares, with no corresponding sales reported, resulting in a net increase in the director’s holdings.
What does the Form 4 footnote say about PENN (PENN) trade pricing?
The footnote explains that the $15.09 price is a weighted average across multiple trades. Individual purchase prices ranged from $15.05 to $15.12, and the reporting person has committed to provide full trade detail upon request to investors or regulators.