PENN (NASDAQ: PENN) director granted 16,835 restricted shares

Rhea-AI Filing Summary

PENN Entertainment director Jane Scaccetti reported receiving an equity award of common stock. On January 5, 2026, she was granted 16,835 shares of restricted stock at a price of $0 per share. These restricted shares are scheduled to vest on January 5, 2027, meaning they become fully hers on that date if the vesting conditions are met.

After this grant, Scaccetti directly beneficially owns 109,153 shares of PENN Entertainment common stock. This filing is a disclosure of a director equity compensation award, not an open‑market purchase or sale.

Insider Trade Summary

Net Buyer: 16,835 shares

Net Buy 1 txn

Insider SCACCETTI JANE

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	16,835	$0.00	$0.00

Holdings After Transaction: Common Stock — 109,153 shares (Direct)

Footnotes (1)

1. F1. The securities reported are shares of restricted stock that vest on January 5, 2027.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 01/06/2026 - 05:23 PM Learn about SEC filing dates

FAQ

What did PENN (PENN) director Jane Scaccetti report in this Form 4?

Director Jane Scaccetti reported the grant of 16,835 shares of PENN Entertainment common stock as a restricted stock award on January 5, 2026.

What type of PENN common stock did Jane Scaccetti receive and when does it vest?

The award consists of restricted stock that, according to the footnote, will vest on January 5, 2027, assuming any vesting conditions are satisfied.

At what price were the PENN restricted shares granted to Jane Scaccetti?

The 16,835 restricted shares of PENN common stock were granted at a price of $0 per share, consistent with typical director equity compensation.

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

Following the restricted stock grant, Jane Scaccetti directly beneficially owns 109,153 shares of PENN Entertainment common stock.

Is this PENN Form 4 filing a purchase or sale in the open market?

No. The Form 4 reports an equity award of restricted stock granted to a director, not a purchase or sale of shares on the open market.

What is Jane Scaccetti’s relationship to PENN Entertainment?

The filing lists Jane Scaccetti as a director of PENN Entertainment, Inc. and not as an officer or 10% owner.

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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)
01/05/2026

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	01/05/2026		A		16,835(1)	A	$0	109,153	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 securities reported are shares of restricted stock that vest on January 5, 2027.

	/s/ Joshua Sidsworth as attorney-in-fact for Jane Scaccetti	01/06/2026
	** 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.