Form 4: Gaming & Leisure Properties Executive Transfers Shares to Daughter in Gift Transaction

Brandon John Moore, President, COO, and Secretary of Gaming & Leisure Properties, Inc., gifted 713 shares of common stock to his daughter on December 9, 2024.

Summary

• Brandon John Moore, an executive at Gaming & Leisure Properties, Inc., transferred 713 shares of common stock to his daughter as a gift.
• The transaction occurred on December 9, 2024.
• Following the transaction, Mr. Moore directly owns 207,551 shares and his daughter indirectly owns 2,032 shares.
• Mr. Moore disclaims beneficial ownership of the shares held by his daughter.

Sentiment

Score: 7

Explanation: The document reflects a neutral transaction, a gift of shares, with no indication of positive or negative sentiment towards the company's performance. It is a routine disclosure.

Management Comments

• The reporting person disclaims beneficial ownership of the shares held by his daughter, and this report should not be deemed an admission that the reporting person is the beneficial owner of his daughter's shares for purposes of Section 16 or for any other purpose.

Industry Context

This is a routine transaction related to executive share ownership and does not indicate any significant change in the company's operations or outlook. It is common for executives to transfer shares for personal reasons.

Comparison to Industry Standards

• Executive share transfers are a common occurrence in publicly traded companies.
• These transactions are typically disclosed through SEC filings like Form 4.
• The transfer of shares as a gift is not unusual and does not suggest any negative implications for the company's performance or prospects.
• Similar transactions can be observed across various companies, including those in the real estate and gaming sectors.

Related Party Transactions

• The transaction involved a gift of shares from Brandon John Moore to his daughter, who shares his household.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a transfer of shares between related parties and does not affect the total number of outstanding shares.
• There is no direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Gaming & Leisure Properties, GLPI, Brandon John Moore, share transfer, insider transaction, gift, common stock, beneficial ownership