Form 4: Gaming & Leisure Properties CEO Peter Carlino Disposes of 17,000 Shares

Peter Carlino, Chairman, CEO, and President of Gaming & Leisure Properties, Inc., disposed of 17,000 shares of common stock on June 6, 2024, as part of a distribution to beneficiaries of the Carlino Family Trust.

Summary

• On June 6, 2024, Peter M. Carlino, Chairman, CEO, and President of Gaming & Leisure Properties, Inc. (GLPI), disposed of 17,000 shares of GLPI common stock.
• The transaction was a distribution to the beneficiaries of the Carlino Family Trust.
• Following the transaction, Mr. Carlino directly owns 5,869,170 shares of GLPI common stock.
• He also indirectly owns 4,885,792 shares through trusts and his spouse.
• Mr. Carlino disclaims beneficial ownership of the shares owned by the trusts, except to the extent of his pecuniary interest therein.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't convey any explicit positive or negative sentiment about the company's performance or prospects.

Management Comments

• The reporting person disclaims beneficial ownership of the shares owned by the trusts, except to the extent of his pecuniary interest therein, and this report should not be deemed an admission the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.

Industry Context

This is a routine disclosure of insider transactions. It's important to monitor insider activity as it can provide insights into management's perspective on the company's prospects.

Key Dates