Insider trade

Officer sold ~$806K of GLPI shares in the open market

Traded Dec 31, 2025 · Filed Jan 5, 2026

~$806K
Reported value · 18K sh @ $44.77: 65K
Holds after · shares reported: −15.2%
stock since the trade · S&P 500 +13.6%, $44.69 → $37.91 on Oct 5

Why it stands out

Gaming and Leisure Properties's SVP Chief Development Officer sold $806K of Gaming and Leisure Properties shares. It was planned long ago, so it says very little.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Dec 31, 2025
Reporting period: Not applicable
Filed with the SEC: Jan 5, 2026

Officer$500K–$1MPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$805,860

Shares × reported transaction price

Timing vs results

61 days after results of Oct 31, 2025, 51 days before results of Feb 20, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+1.0%	+0.3%	+0.7%
30 days	+1.6%	−2.0%	+3.7%
90 days	+1.2%	−4.8%	+5.9%
180 days	−2.4%	+8.6%	−11.0%

Past results only. Not a forecast.

Source receipt

Record ID: 0001575965-26-000016
Filed / recorded: Jan 5, 2026, 10:10 PM UTC
Added to OQRO: Oct 6, 2026, 7:37 PM UTC
Parser: form4-xml-v2
Data quality: Verified: identifiers matched exactly
Issuer: Gaming & Leisure Properties, Inc.
Issuer CIK: 1575965
Ticker: GLPI
Reporting person: Steven Ladany
Relationship: Officer
Officer title: SVP Chief Development Officer
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Dec 31, 2025
Transaction code: S
Shares / units: 18,000
Price per share: $44.77
Acquired / disposed: Disposed (D)
Shares owned after: 65,099
Ownership form: Direct
Amendment: No

Footnotes from the filing

This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 05/14/2025
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.67 to $44.91 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.

Around the same time

Officer sold ~$604K of Gaming and Leisure Properties

Scheduled in advance9mo ago

35KShares

9mo ago

Compensation award — excluded from discretionary-purchase analysis.

More Official record

15KShares · @ $44.69

9mo ago

Routine share withholding; mechanical by default.

More Official record