Form 4: PENN Entertainment EVP and CFO Felicia Hendrix Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Felicia Hendrix, EVP and CFO of PENN Entertainment, reports acquisition of restricted units and disposition of shares to cover tax obligations.
Summary
- On February 25, 2025, Felicia Hendrix, EVP and CFO of PENN Entertainment, acquired 4,957 shares of common stock as restricted units from a performance unit award.
- On the same day, she disposed of 9,601 shares of common stock to satisfy tax withholding obligations upon the vesting of performance units.
- Following these transactions, Hendrix beneficially owns 112,133 shares of PENN Entertainment.
Sentiment
Score: 5
Explanation: The document reflects routine transactions related to executive compensation, with no indication of positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and does not indicate any specific trend in the industry.
Stakeholder Impact
- The transactions have a minor impact on shareholders due to the change in beneficial ownership.
Key Dates
| Date | Description |
|---|---|
| 02/25/2025 | Acquisition of 4,957 shares of common stock as restricted units. |
| 02/25/2025 | Disposition of 9,601 shares of common stock for tax withholding. |
| 02/27/2025 | Date of signature for the Form 4 filing. |
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