PENN Entertainment Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders, Regulation FD Disclosure, Financial Statements and Exhibits
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Item 5.07. Submission of Matters to a Vote of Security Holders.
PENN Entertainment, Inc. (the “Company”) held its 2025 Annual Meeting of Shareholders (the “Annual Meeting”) on June 17, 2025. There were present at the Annual Meeting, either in person or by proxy, holders of 117,166,555 shares of common stock. A description of each matter voted upon at the Annual Meeting is described in detail in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on April 28, 2025. The number of votes cast for and against and the number of abstentions and broker non-votes with respect to each matter voted upon are set forth below.
| 1. | The following Class II Director nominees were elected to the Company’s Board of Directors (the “Board”) to serve until the 2028 Annual Meeting of Shareholders. The votes cast for each nominee were as follows: |
| Director | Votes FOR | Votes WITHHELD | Broker Non-Votes | |||
| Johnny Harnett | 108,409,603 | 699,900 | 8,057,052 | |||
| Carlos Ruisanchez | 108,370,058 | 739,455 | 8,057,052 |
The term of office of each of David Handler, Vimla Black-Gupta, Anuj Danda, Marla Kaplowitz, Jane Scaccetti and Jay Snowden continued following the Annual Meeting.
| 2. | The results of the vote to ratify the appointment of PricewaterhouseCoopers LLP to serve as the Company’s independent registered public accounting firm for the 2025 fiscal year were as follows: |
| Votes FOR | Votes AGAINST | Abstentions | Broker Non-Votes | |||
| 112,928,192 | 1,191,010 | 3,047,353 | 0 |
| 3. | The results of the advisory vote on executive compensation of the Company’s Named Executive Officers for the 2024 fiscal year were as follows: |
| Votes FOR | Votes AGAINST | Abstentions | Broker Non-Votes | |||
| 38,425,126 | 65,078,367 | 4,760,640 | 8,902,422 |
| 4. | The results of the vote to approve the second amendment to the Company’s 2022 Long-Term Incentive Compensation Plan were as follows: |
| Votes FOR | Votes AGAINST | Abstentions | Broker Non-Votes | |||
| 77,271,973 | 26,323,148 | 4,669,012 | 8,902,422 |
| 5. | The results of the advisory vote to approve the shareholder proposal regarding the commissioning of a report on the effects of a company-wide non-smoking policy were as follows: |
| Votes FOR | Votes AGAINST | Abstentions | Broker Non-Votes | |||
| 21,487,739 | 81,735,962 | 5,040,432 | 8,902,422 |
Item 7.01. Regulation FD Disclosure.
On June 17, 2025, the Company issued a press release announcing the preliminary voting results with respect to the election of directors from the Annual Meeting, a copy of which is attached as Exhibit 99.1 and incorporated by reference in this Item 7.01.
The information in this Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 hereto, is being furnished to the Securities and Exchange Commission and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section. This information shall not be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference to such filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description |
| 99.1 | Press Release, dated June 17, 2025, issued by PENN Entertainment, Inc. (furnished under Item 7.01) |
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: | June 23, 2025 | PENN ENTERTAINMENT, INC. | |
| By: | /s/ Christopher Rogers | ||
| Christopher Rogers | |||
| Executive Vice President, Chief Strategy and Legal Officer and Secretary | |||