Form 4: Gaming & Leisure Properties CEO Peter Carlino Reports Share Transactions

Peter Carlino, Chairman and CEO of Gaming & Leisure Properties, reports acquisition and disposal of shares through the Carlino Family Trust.

Summary

• On February 28, 2025, Peter M. Carlino, Chairman and CEO of Gaming & Leisure Properties, Inc. (GLPI), reported transactions involving GLPI common stock.
• Mr. Carlino acquired 24,493 shares as a beneficiary of the Carlino Family Trust at $0.
• He also reported the disposal of 177,875 shares from the Carlino Family Trust at $0.
• Following these transactions, Mr. Carlino directly owns 6,014,500 shares and indirectly owns 4,707,917 shares.
• Indirect ownership includes shares held by a residuary trust for the benefit of Peter D. Carlino and his children (387,561 shares) and shares held by the Carlino Family Trust (4,320,356 shares).
• Mr. Carlino also indirectly owns 28,683 shares through his spouse.
• He also owns 55,000 LTIP Units in GLP Capital, L.P. which vest ratably over three years.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting insider transactions, which carries a neutral sentiment. It simply reflects the buying and selling activity of a company executive.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It doesn't necessarily reflect a change in the company's fundamentals or outlook.

Stakeholder Impact

• The transactions may have a minor impact on shareholders, as insider transactions are often scrutinized for signals about the company's prospects.

Key Dates