SCACCETTI JANE 4
Research Summary
AI-generated summary
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.