Transaction details
Desiree A. Burke, who serves as Chief Financial Officer and Treasurer of Gaming & Leisure Properties (NASDAQ: GLPI), sold 9,804 shares of the company's common stock on February 27, 2026. The sales were carried out in multiple transactions at a weighted average price of $49.02 per share, with individual trade prices reported between $49.00 and $49.10. The aggregate proceeds from the disposal totaled approximately $480,592. After the transfers were completed, Burke's direct ownership in Gaming & Leisure Properties stood at 128,352 shares.
The record indicates the trades were executed under a pre-arranged Rule 10b5-1 trading plan that Burke adopted on May 7, 2025. The filing specifies that the sale was part of that plan rather than an ad hoc transaction.
Quarterly financial results
In separate corporate disclosures, Gaming and Leisure Properties reported fourth-quarter 2025 financial results that surpassed analyst expectations. The company posted earnings per share of $0.94, above the forecasted $0.74. Revenue for the period reached $407.03 million, modestly higher than the anticipated $405.34 million. Those figures were characterized in the company release as exceeding market forecasts and were followed by a modest increase in investor confidence, according to the announcement.
The company statement framed the quarter as evidence of operational strength, noting that both earnings and revenue topped estimates. The release was presented as one in a series of recent updates from Gaming and Leisure Properties.
Summary and context
The disclosure contains two primary items of note: the insider sale by the company's CFO and the company's reported outperformance in the fourth quarter of 2025. The stock sale was executed under an existing Rule 10b5-1 plan, and post-sale holdings for the CFO were reported. Separately, the company published quarterly results that exceeded consensus projections for EPS and revenue, with the firm noting a subsequent modest improvement in investor sentiment.
Key points
- Gaming & Leisure Properties CFO Desiree A. Burke sold 9,804 shares on February 27, 2026, for about $480,592.
- The sale was processed under a Rule 10b5-1 trading arrangement adopted May 7, 2025; Burke retains 128,352 shares after the sale.
- The company reported Q4 2025 EPS of $0.94 and revenue of $407.03 million, both above the consensus estimates, which was followed by a modest rise in investor confidence.
Risks and uncertainties (as reported)
- The filing notes the sale occurred pursuant to a pre-arranged Rule 10b5-1 plan, leaving limited information in the filing about motivations beyond that structure.
- While the company reported better-than-expected results and a modest increase in investor confidence, the announcement does not provide guidance about the sustainability of that confidence or future performance.
- The public disclosures describe the quarter as part of a series of recent updates, but the filing does not specify the nature or timing of other items in that series.
Sectors affected
The disclosures pertain directly to the real estate investment trust that focuses on gaming and leisure properties and have relevance for the commercial real estate and gaming sectors, as well as investors in the company's equity.