Director at PENN Entertainment (PENN) adds 8,000 shares in open-market buy
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
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)
- F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $15.05 to $15.12, inclusive. The reporting person undertakes to provide to PENN Entertainment, Inc., any security holder of PENN Entertainment, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares transacted at each separate price within the range set forth in this footnote.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.