PENN shareholders approve annual director elections, equity plan amendment at 2026 meeting

Filed June 18, 2026 · Period ending June 16, 2026 · ~1 min read

Key Changes

• high

  Shareholders approved advisory proposal for annual director elections with 80.1% support (82.4M for, 20.5M against, 13.3M broker non-votes), signaling preference to move from staggered three-year terms to annual elections for enhanced board accountability.

  Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR →
• medium

  Third amendment to 2022 equity plan passed with 79.4% support (81.7M for, 21.2M against, 13.3M broker non-votes); elevated 20.6% opposition suggests some shareholder concern about dilution or plan terms.

  Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR →
• medium

  Four Class III directors elected to three-year terms through 2029 with 87.1%–99.3% support of votes cast: Kaplowitz (89.8M for, 13.3M withheld), Scaccetti (92.9M for, 10.1M withheld), Schiavolin (102.3M for, 0.8M withheld), Snowden (99.8M for, 3.3M withheld); 13.3M broker non-votes on each.

  Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR →