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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SCACCETTI JANE

(Last) (First) (Middle)

825 BERKSHIRE BLVD., SUITE 200

(Street)

WYOMISSING PA 19610

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PENN Entertainment, Inc. [ PENN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/02/2026		P		8,000	A	$15.09(1)	117,153	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

	/s/ Joshua Sidsworth as attorney-in-fact for Jane Scaccetti	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

At what price did the PENN (PENN) director buy the 8,000 shares?

The director’s 8,000-share purchase had a weighted average price of $15.09 per share. According to the filing footnote, individual trades were executed between $15.05 and $15.12, and detailed trade breakdowns are available on request from the company or regulators.

How many PENN (PENN) shares does Jane Scaccetti own after this transaction?

After this reported transaction, Jane Scaccetti directly owns 117,153 shares of PENN Entertainment common stock. The Form 4 shows this total following the 8,000-share open-market purchase, indicating an increase in her direct ownership stake in the company.

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.