SCACCETTI JANE 4
4 · PENN Entertainment, Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
PENN Director Jane Scaccetti Acquires 8,000 Shares
What Happened
Jane Scaccetti, a director of PENN Entertainment, purchased 8,000 shares of PENN common stock in open-market transactions on March 2, 2026. The reported weighted-average price was $15.09 per share, for a total cost of approximately $120,720. This was a purchase (insider buy), which investors often view as a positive signal, though it does not guarantee future performance.
Key Details
- Transaction date: 2026-03-02; filing date: 2026-03-03 (timely filed).
- Reported price: weighted average $15.09; individual trades ranged $15.05–$15.12 (see footnote).
- Shares acquired: 8,000; total reported consideration ≈ $120,720.
- Transaction code: P = Purchase (open market).
- Footnote: The $15.09 price is a weighted average; the reporting person can provide the number of shares executed at each price within the $15.05–$15.12 range upon request.
- Shares owned after the transaction: Not specified in the information provided in this summary.
Context
This was a straightforward open-market purchase by a company director (not an option exercise, gift, or 10% owner transaction). The weighted-average price indicates multiple trades aggregated for reporting; no 10b5-1 plan or other special conditions were disclosed in the provided details.
Insider Transaction Report
- Purchase
Common Stock
[F1]2026-03-02$15.09/sh+8,000$120,720→ 117,153 total
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.