Company: GLPI
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001575965-25-000045
Chunk: 133

Company: Gaming & Leisure Properties, Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 8
Chunk 133
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 thousands)2025February 13, 2025March 14, 2025Common Stock$0.76First Quarter 2025March 28, 2025$208,873May 15, 2025June 13, 2025Common Stock$0.78Second Quarter 2025June 27, 2025$220,743August 28, 2025September 12, 2025Common Stock$0.78Third Quarter 2025September 26, 2025$220,7472024February 26, 2024March 15, 2024Common Stock$0.76First Quarter 2024March 29, 2024$206,340May 20, 2024June 7, 2024Common Stock$0.76Second Quarter 2024June 21, 2024$206,340August 28, 2024September 13, 2024Common Stock$0.76Third Quarter 2024September 27, 2024$208,538In addition, for the three and nine months ended September 30, 2025, dividend payments were made to GLPI restricted stock award holders in the amount of $0.2 million and $0.6 million. For the three and nine months ended September 30, 2024, dividend payments were made to GLPI restricted stock award holders in the amount of $0.2 million and $0.7 million.

13.    Stock-Based Compensation

     The Company's Amended and Restated 2013 Long Term Incentive Compensation Plan (the "2013 Plan") provides for the Company to issue restricted stock awards, including performance-based restricted stock awards, and other equity or cash-based awards. Any director, employee or consultant shall be eligible to receive such awards. The Company issues new authorized common shares to satisfy restricted stock award releases.On June 12, 2025, at the 2025 Annual Meeting of Shareholders of GLPI, the Company’s shareholders approved the 2013 Plan to (i) increase the number of shares of common stock reserved for issuance thereunder by 4,500,000 shares, (ii) provide for changes to provisions relating to the reuse of unissued shares, (iii) give the board of directors of the Company (the “Board”) and the Compensation Committee of the Board discretion to determine whether and to what extent holders of phantom stock units, if