secwatch.observer — SEC 8-K summary
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Issuer:     PENN Entertainment, Inc. (PENN)
CIK:        0000921738
Form:       8-K
Filed at:   2022-06-10T23:59:59+00:00
Accession:  0000921738-22-000022
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Penn National shareholders approve 2022 LTIP (6.87M shares); say-on-pay vote fails
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- Shareholders approved 2022 Long Term Incentive Compensation Plan, reserving 6,870,000 shares for issuance.
- Advisory vote on executive compensation failed with 45.9M FOR, 63.7M AGAINST, 25.8M broker non-votes.
- Class II directors Barbara Shattuck Kohn, Ronald J. Naples, and Saul V. Reibstein were elected.
- Ratification of Deloitte & Touche as independent auditor for FY2022 received 135.3M FOR votes.
- Total shares present at annual meeting: 135,655,353.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/921738/000092173822000022/0000921738-22-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/921738/000092173822000022/penn-20220607.htm
  HTML page:      https://secwatch.observer/filing/0000921738-22-000022

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer