Burke Desiree A. 4
4 · Gaming & Leisure Properties, Inc. · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
GLPI CFO Desiree A. Burke Sells 9,804 Shares
What Happened
Desiree A. Burke, CFO and Treasurer of Gaming & Leisure Properties, Inc. (GLPI), disposed of 9,804 shares on February 27, 2026. The shares were sold in open-market transactions (reporting code S) at a weighted average price of $49.02, for total proceeds of approximately $480,592. This sale was executed pursuant to a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction date: 2026-02-27
- Transaction type: Sale (open market), 9,804 shares
- Price: weighted average $49.02; individual sale prices ranged $49.00–$49.10 (per footnote)
- Total proceeds: ~$480,592
- Footnotes: (1) Transaction effected under a Rule 10b5-1 plan adopted 05/07/2025. (2) Reported price is a weighted average; reporting person will provide breakdown of shares sold at each price on request.
- Shares owned after transaction: Not specified in the Form 4 filing
- Timeliness: Filing date matches report date (filed 2026-02-27), so appears timely
Context
Sales made under a 10b5-1 plan are pre-arranged and are commonly used by insiders to systematically sell shares; such planned sales are typically considered routine and do not necessarily indicate a change in the insider’s view of the company. Retail investors should treat this as insider selling but note the transaction was pre-specified and disclosed.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-02-27$49.02/sh−9,804$480,592→ 128,352 total
Footnotes (2)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 05/07/2025
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.00 to $49.10 inclusive. The reporting person undertakes to provide Gaming and Leisure Properties, Inc., any security holder of Gaming and Leisure Properties, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnote to this Form 4.