X0508 4 2023-09-22 0000921738 PENN Entertainment, Inc. PENN 0001901955 Rogers Christopher Byron 825 BERKSHIRE BLVD. SUITE 200 WYOMISSING PA 19610 true EVP and Chief Strategy Officer false Common Stock 2023-09-22 4 M 0 5707 0 A 33864 D Common Stock 2023-09-22 4 D 0 5707 22.95 D 28157 D Phantom Stock Units 2023-09-22 4 M 0 5707 D CommonStock 5707 0 D Each phantom stock unit is the economic equivalent of one share of the registrant's common stock. The phantom stock units vested in three installments as follows: 3,568 phantom stock units vested on September 22, 2021, 4,994 phantom stock units vested on September 22, 2022 and 5,707 phantom stock units vested on September 22, 2023. Vesting of phantom stock units is reported as a deemed acquisition and disposition (at fair market value as of the vesting date) of the number of shares of common stock underlying the vested phantom stock units. /s/ Joshua Sidsworth, Attorney-In-Fact for Christopher Byron Rogers 2023-09-26