Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-11

Gaming & Leisure Properties, Inc. (GLPI)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$14,054,918
Peter Carlino total, FY2025
47th
CEO pay percentile vs peers
39.1:1
CEO-to-median pay ratio
93.86%
Say-on-pay support, latest vote
Companies that benchmark against GLPI
9 companies name GLPI as a compensation peer

Each company listed discloses GLPI in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named GLPI in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Peter Carlino$1,808,468$0$8,600,900$0$3,089,466$0$556,084$14,054,918
Chairman and Chief Executive Officer
Matthew Demchyk327,30802,345,7000003,315,2125,988,220
Former Senior Vice President, Chief Investment Officer
Brandon Moore650,00004,116,32001,110,417086,7505,963,487
President, Chief Operating Officer, and Secretary
Desiree Burke600,00002,849,7600768,750074,9534,293,463
Chief Financial Officer and Treasurer
Steven Ladany460,00002,345,7000589,375061,7193,456,794
Senior Vice President, Chief Development Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Peter Carlino$14,054,918$14,853,214$15,947,667−798,296
Matthew Demchyk5,988,2203,489,4483,835,572+2,498,772
Brandon Moore5,963,4875,186,4055,565,900+777,082
Desiree Burke4,293,4634,246,8984,644,149+46,565
Steven Ladany3,456,7943,522,5253,854,920−65,731

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
E. Scott UrdangDirector2026-06-10D3,000$48$144,960CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Brandon Moore2025-01-0226,000$1,252,160
Peter Carlino2025-01-0255,0002,648,800
Matthew Demchyk2025-01-0215,000722,400
Steven Ladany2025-01-0215,000722,400
Desiree Burke2025-01-0218,000866,880
03b

Vehicle mix — grant-date fair value by award type

Grant-level vehicle detail not disclosed.

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Desiree BurkeRSU18,000$971,640
Steven LadanyRSU809,700
Brandon MooreRSU26,0001,161,940
Desiree BurkeRSU6,000268,140
Brandon MooreRSU22,0001,187,560
Peter CarlinoRSU55,0002,968,900
Brandon MoorePSU26,0001,242,540
Steven LadanyRSU10,000446,900
Peter CarlinoRSU36,6661,638,604
Desiree BurkePSU18,000860,220
Desiree BurkeRSU12,000536,280
Peter CarlinoRSU18,333819,302
Brandon MooreRSU7,333327,712
Brandon MooreRSU14,666655,424
Peter CarlinoPSU55,0002,628,450
Steven LadanyRSU5,000223,450
Steven LadanyPSU716,850
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company maintains an executive compensation program that will help it attract and retain the executive talent needed to grow and further the strategic interests of the business in an increasingly competitive operating environment. To this end, the Company provides a compensation and benefits program designed to retain talented executives and continue in their efforts to improve shareholder value, while carefully considering the impact of the Company's actions on all stakeholders. The Company's program is designed to motivate and reward executives to achieve and exceed targeted results. Pay received by our executives will be commensurate with the performance of the Company and their own individual contributions.

CEO STI target (% of salary)100%
CEO LTI target (% of salary)
Independent consultantFPC
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-04237,433,16715,518,602254,75393.86%Passed
20252025-06-12237,794,4849,822,889520,92496.03%Passed
20242024-06-13230,428,21312,415,192261,09194.89%Passed
20232023-06-15209,844,54612,579,236192,06294.34%Passed
20222022-06-16208,373,3958,570,145250,13496.05%Passed
20212021-06-10179,183,61026,323,369199,82287.19%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-06-0493.86%a
20252025-06-1296.03%b
20242024-06-1394.89%c

a. Voting standard not stated in the filing.

b. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not be counted as votes cast and, therefore, will not affect this proposal.”.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)39.1 : 1
CEO total compensation$14,054,918
Median employee compensation$359,967
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Joseph W. Marshall, IIIIndependent · Compensation$0$395,056$0$0$0$395,056
Carol Lili LyntonIndependent · Audit and Compliance (Chair) · Compensation185,000200,008000385,008
James B. PerryIndependent · Compensation (Chair) · Nominating and Corporate Governance175,000200,008000375,008
E. Scott UrdangIndependent · Audit and Compliance · Nominating and Corporate Governance (Chair)156,250200,008000356,258
Earl C. ShanksIndependent · Audit and Compliance150,000200,008000350,008
Debra Martin ChaseIndependent · Nominating and Corporate Governance145,000200,008000345,008
Barry F. SchwartzIndependent · Nominating and Corporate Governance (Chair) · Not standing for re-election · Departed during FY64,583200,008000264,591
Michael C. BorofskyIndependent · Compensation · Partial-year service · Newly elected10,833000010,833
Peter M. CarlinoEmployee director · Board Chair00000
09

Board fee structure and ownership guideline

Annual cash retainer$130,000
Annual equity retainer$200,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$886,666
Equity awards (grant-date value)$1,595,104
All other compensation$0
Total cost of the board$2,481,770

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Gaming & Leisure Properties, Inc. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Gaming & Leisure Properties, Inc..

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Rexford Industrial Realty, Inc.2025Howard Schwimmer$1,000,000$24,856,439$0$0$25,892,687
2MGM Resorts International2025William Hornbuckle2,000,00010,052,75105,000,00025,329,156
3PENN Entertainment Inc.2025Jay Snowden1,800,00014,249,9894,750,0042,984,40024,126,651
4Ventas, Inc.2025Debra Cafaro1,162,72012,015,05104,087,30317,501,073
5Caesars Entertainment Inc.2025Thomas Reeg2,060,00011,991,46702,945,80017,199,029
6Realty Income Corporation2025Sumit Roy1,000,0009,149,49604,981,01216,251,931
7Wynn Resorts, Limited2025Craig Billings2,000,0009,624,11003,433,75015,090,901
8Boyd Gaming Corporation2025Keith Smith1,850,0009,124,85803,700,00014,697,487
9Gaming & Leisure Properties, Inc.2025Peter Carlino1,808,4688,600,90003,089,46614,054,918
10Omega Healthcare Investors, Inc.2025C. Taylor Pickett967,00011,248,49801,297,59314,020,475
11VICI Properties Inc.2025Edward Pitoniak1,000,0008,479,30704,500,00014,007,585
12EPR Properties2025Gregory Silvers933,4007,266,1550010,901,683
13W. P. Carey Inc.2025Jason Fox1,000,0007,986,68601,770,00010,786,686
14Healthpeak Properties, Inc.2025Scott Brinker825,0007,208,68801,986,15610,072,994
15NNN REIT, Inc.2025Stephen Horn975,0006,664,54402,069,4379,730,926
16Alexandria Real Estate Equities, Inc.2025Peter Moglia840,0006,106,50201,890,0008,844,053

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Gaming & Leisure Properties, Inc.171%PSU 80 · RSU 20Yes — TSR measured against the US MSCI Index and triple-net REIT peersFPC
Alexandria Real Estate Equities, Inc.not disclosedPSU 50 · RSU 50Yes — Absolute TSRFTI Consulting, Inc.
Boyd Gaming Corporation100%PSU 60 · RSU 40NoExequity
Caesars Entertainment Inc.71.5%RSU 50 · PSU 50Yes — relative total shareholder return (rTSR)Aon
EPR Properties276.2%PSU 70 · RSU 30Yes — TSR vs. TSR of Triple-Net Peer GroupFerguson Partners Consulting L.P.
Healthpeak Properties, Inc.127%PSU 60 · RSU 40Yes — 3-Year Relative TSR PerformanceFerguson Partners Consulting
MGM Resorts International100%PSU 50 · RSU 50Yes — Relative TSRF.W. Cook
NNN REIT, Inc.212.25%PSU 70 · RSU 30Yes — Three-year relative TSR compared to FTSE Nareit All Equity REITs IndexPearl Meyer
Omega Healthcare Investors, Inc.149.0%PSU 60 · RSU 40Yes — Relative TSR vs. FTSE Nareit Equity Health Care IndexFerguson Partners Consulting L.P.
PENN Entertainment Inc.66.3%PSU 50 · RSU 25 · Options 25NoSemler Brossy Consulting Group, LLC
Realty Income Corporation199%PSU 75 · RSU 25Yes — TSR ranking relative to MSCI US REIT IndexFPC
Rexford Industrial Realty, Inc.227%PSU 60 · RSU 40Yes — Relative TSR vs. Dow Jones U.S. Equity REIT IndexFPC
Ventas, Inc.352%PSU 70 · RSU 30Yes — TSR Relative to the Nareit Health Care IndexSemler Brossy
VICI Properties Inc.200%not disclosedYes — Relative TSRPay Governance LLC
W. P. Carey Inc.118.0%PSU 60 · RSU 40Yes — TSR relative to the constituents of the MSCI US REIT IndexFrederic W. Cook & Co., Inc.
Wynn Resorts, Limited256%PSU 55 · RSU 45NoRadford

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

FAQ

Frequently asked questions

Who was the highest-paid executive at Gaming & Leisure Properties, Inc. in fiscal 2025?
As disclosed, the highest-paid executive was Peter Carlino, Chairman and Chief Executive Officer, with total compensation of $14,054,918.
How does Gaming & Leisure Properties, Inc.'s chief executive pay compare to its disclosed peer group?
The filing shows the CEO's pay was at the 47th percentile of the disclosed peer group.
What is Gaming & Leisure Properties, Inc.'s CEO-to-median employee pay ratio?
The CEO-to-median employee pay ratio was 39.1:1.
How did shareholders vote on Gaming & Leisure Properties, Inc.'s executive compensation?
Shareholders approved the executive compensation plan with 93.86% support in the latest vote.
How much does Gaming & Leisure Properties, Inc. spend in total on board compensation for fiscal 2025?
Total board compensation for fiscal 2025 was $2,481,770.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Peter CarlinoDEF 14A2026-04-240001193125-26-177324Section “Executive Compensation”. As printed: 14,054,918. Filing ↗
2Section 01, Matthew DemchykDEF 14A2026-04-240001193125-26-177324Section “Summary Compensation Table”. As printed: 5,988,220. Filing ↗machine: t264 · r16 · c34 · span 897793–897802
3Section 01, Brandon MooreDEF 14A2026-04-240001193125-26-177324Section “Summary Compensation Table”. As printed: 5,963,487. Filing ↗machine: t264 · r8 · c34 · span 879889–879898
4Section 01, Desiree BurkeDEF 14A2026-04-240001193125-26-177324Section “Summary Compensation Table”. As printed: 4,293,463. Filing ↗machine: t264 · r12 · c34 · span 888750–888759
5Section 01, Steven LadanyDEF 14A2026-04-240001193125-26-177324Section “Summary Compensation Table”. As printed: 3,456,794. Filing ↗machine: t264 · r20 · c34 · span 906787–906796
6Section 03, Brandon Moore DEF 14A2026-04-240001193125-26-177324Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t307 · r36 · c9 · span 1265825–1265831
7Section 03, Peter Carlino DEF 14A2026-04-240001193125-26-177324Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t307 · r8 · c19 · span 1241079–1241085
8Section 03, Matthew Demchyk DEF 14A2026-04-240001193125-26-177324Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t264 · r16 · c14 · span 896483–896490
9Section 03, Steven Ladany DEF 14A2026-04-240001193125-26-177324Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t307 · r62 · c19 · span 1291680–1291686
10Section 03, Desiree Burke DEF 14A2026-04-240001193125-26-177324Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t307 · r44 · c19 · span 1274823–1274829
11Section 07, pay ratioDEF 14A2026-04-240001193125-26-177324Section “CEO Pay Ratio”. As printed: 39.1 : 1. Filing ↗machine: span 1475371–1475378
12Section 08, Joseph W. Marshall, IIIDEF 14A2026-04-240001193125-26-177324Section “Director Compensation”. As printed: 395,056. Filing ↗machine: t112 · r6 · c14 · span 407826–407833
13Section 08, Carol Lili LyntonDEF 14A2026-04-240001193125-26-177324Section “Director Compensation”. As printed: 385,008. Filing ↗machine: t112 · r16 · c19 · span 420956–420963
14Section 08, James B. PerryDEF 14A2026-04-240001193125-26-177324Section “Director Compensation”. As printed: 375,008. Filing ↗machine: t112 · r12 · c19 · span 415859–415866
15Section 08, E. Scott UrdangDEF 14A2026-04-240001193125-26-177324Section “Director Compensation”. As printed: 356,258. Filing ↗machine: t112 · r8 · c19 · span 410837–410844
16Section 08, Earl C. ShanksDEF 14A2026-04-240001193125-26-177324Section “Director Compensation”. As printed: 350,008. Filing ↗machine: t112 · r10 · c19 · span 413348–413355
17Section 08, Debra Martin ChaseDEF 14A2026-04-240001193125-26-177324Section “Director Compensation”. As printed: 345,008. Filing ↗machine: t112 · r18 · c19 · span 423471–423478
18Section 08, Barry F. SchwartzDEF 14A2026-04-240001193125-26-177324Section “Director Compensation”. As printed: 264,591. Filing ↗machine: t112 · r14 · c19 · span 418428–418435
19Section 08, Michael C. BorofskyDEF 14A2026-04-240001193125-26-177324Section “Director Compensation”. As printed: 10,833. Filing ↗machine: t112 · r20 · c4 · span 424538–424544
20Section 08, Peter M. CarlinoDEF 14A2026-04-240001193125-26-177324Section “Director Compensation”. As printed: 0. Filing ↗
21Section 02, E. Scott Urdang 2026-06-10Form 42026-06-110001575965-26-000056Insider equity transaction reported since the proxy statement. Filing ↗
22Section 06, 2026 voteForm 8-K2026-06-050001575965-26-000054Item 5.07 · say-on-pay result. As reported: 93.86% (votes for as printed: 237,433,167). Filing ↗
23Section 06, 2025 voteForm 8-K2025-06-160001575965-25-000025Item 5.07 · say-on-pay result. As reported: 96.03% (votes for as printed: 237,794,484). Filing ↗
24Section 06, 2024 voteForm 8-K2024-06-140001575965-24-000020Item 5.07 · say-on-pay result. As reported: 94.89% (votes for as printed: 230,428,213). Filing ↗
25Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
26Section 09b board cost (computed)ComputedcomputedCash 886,666 + equity 1,595,104 + all other 0 = 2,481,770, summed across the director compensation table rows.machine: formula: Σ = 2,481,770
27Rexford Industrial Realty, Inc., Section 10b CEO totalDEF 14A2026-04-080001571283-26-000012CEO total compensation as printed in Rexford Industrial Realty, Inc.'s own proxy. As printed: 25,892,687. Filing ↗machine: span 956405–956415
28MGM Resorts International, Section 10b CEO totalDEF 14A2026-03-270001193125-26-129074CEO total compensation as printed in MGM Resorts International's own proxy. As printed: 25,329,156. Filing ↗machine: span 1064000–1064010
29PENN Entertainment Inc., Section 10b CEO totalDEF 14A2026-04-270001140361-26-016846CEO total compensation as printed in PENN Entertainment Inc.'s own proxy. As printed: 24,126,651. Filing ↗machine: r2 · c25 · span 1628709–1628719
30Ventas, Inc., Section 10b CEO totalDEF 14A2026-04-010000740260-26-000010CEO total compensation as printed in Ventas, Inc.'s own proxy. As printed: 17,501,073. Filing ↗machine: r2 · c42 · span 1775799–1775810
31Caesars Entertainment Inc., Section 10b CEO totalDEF 14A2026-04-230001193125-26-174058CEO total compensation as printed in Caesars Entertainment Inc.'s own proxy. As printed: 17,199,029. Filing ↗machine: r3 · c23 · span 649787–649797
32Realty Income Corporation, Section 10b CEO totalDEF 14A2026-03-250000726728-26-000021CEO total compensation as printed in Realty Income Corporation's own proxy. As printed: 16,251,931. Filing ↗machine: r3 · c18 · span 1118130–1118140
33Wynn Resorts, Limited, Section 10b CEO totalDEF 14A2026-03-250001193125-26-124077CEO total compensation as printed in Wynn Resorts, Limited's own proxy. As printed: 15,090,901. Filing ↗machine: r4 · c29 · span 740637–740647
34Boyd Gaming Corporation, Section 10b CEO totalDEF 14A2026-03-200001193125-26-116798CEO total compensation as printed in Boyd Gaming Corporation's own proxy. As printed: 14,697,487. Filing ↗machine: r3 · c34 · span 359765–359775
35Gaming & Leisure Properties, Inc. (subject), Section 10b CEO totalDEF 14A2026-04-240001193125-26-177324CEO total compensation as printed in Gaming & Leisure Properties, Inc.'s own proxy. As printed: 14,054,918. Filing ↗
36Omega Healthcare Investors, Inc., Section 10b CEO totalDEF 14A2026-04-210001104659-26-045753CEO total compensation as printed in Omega Healthcare Investors, Inc.'s own proxy. As printed: 14,020,475. Filing ↗machine: t146 · r7 · c16 · span 1713701–1713711
37VICI Properties Inc., Section 10b CEO totalDEF 14A2026-03-160001104659-26-028592CEO total compensation as printed in VICI Properties Inc.'s own proxy. As printed: 14,007,585. Filing ↗machine: r1 · c42 · span 1794196–1794206
38EPR Properties, Section 10b CEO totalDEF 14A2026-03-260001045450-26-000016CEO total compensation as printed in EPR Properties's own proxy. As printed: 10,901,683. Filing ↗machine: r3 · c45 · span 794198–794208
39W. P. Carey Inc., Section 10b CEO totalDEF 14A2026-03-270001025378-26-000063CEO total compensation as printed in W. P. Carey Inc.'s own proxy. As printed: 10,786,686. Filing ↗machine: r4 · c21 · span 810394–810404
40Healthpeak Properties, Inc., Section 10b CEO totalDEF 14A2026-03-120001104659-26-027086CEO total compensation as printed in Healthpeak Properties, Inc.'s own proxy. As printed: 10,072,994. Filing ↗machine: t197 · r7 · c18 · span 1414974–1414984
41NNN REIT, Inc., Section 10b CEO totalDEF 14A2026-03-230001193125-26-118585CEO total compensation as printed in NNN REIT, Inc.'s own proxy. As printed: 9,730,926. Filing ↗machine: t26 · r3 · c14 · span 998777–998786
42Alexandria Real Estate Equities, Inc., Section 10b CEO totalDEF 14A2026-04-010001035443-26-000031CEO total compensation as printed in Alexandria Real Estate Equities, Inc.'s own proxy. As printed: 8,844,053. Filing ↗machine: r6 · c19 · span 3171042–3171051
43Section 10a, Boyd Gaming Corporation reciprocityDEF 14A0001193125-26-116798Boyd Gaming Corporation's most recent proxy was read; its disclosed peer group does not include Gaming & Leisure Properties, Inc.. Filing ↗
44Section 10a, PENN Entertainment Inc. reciprocityDEF 14A0001140361-26-016846PENN Entertainment Inc.'s most recent proxy was read; its disclosed peer group does not include Gaming & Leisure Properties, Inc.. Filing ↗
45Section 10a, Wynn Resorts, Limited reciprocityDEF 14A0001193125-26-124077Wynn Resorts, Limited's most recent proxy was read; its disclosed peer group does not include Gaming & Leisure Properties, Inc.. Filing ↗
46Section 10a, Healthpeak Properties, Inc. reciprocityDEF 14A0001104659-26-027086Healthpeak Properties, Inc.'s most recent proxy was read; its disclosed peer group does not include Gaming & Leisure Properties, Inc.. Filing ↗
47Section 10a, Caesars Entertainment Inc. reciprocityDEF 14A0001193125-26-174058Caesars Entertainment Inc.'s most recent proxy was read; its disclosed peer group does not include Gaming & Leisure Properties, Inc.. Filing ↗
48Section 10a, NNN REIT, Inc. reciprocityDEF 14A0001193125-26-118585NNN REIT, Inc. names Gaming & Leisure Properties, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
49Section 10a, EPR Properties reciprocityDEF 14A0001045450-26-000016EPR Properties names Gaming & Leisure Properties, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
50Section 10a, Alexandria Real Estate Equities, Inc. reciprocityDEF 14A0001035443-26-000031Alexandria Real Estate Equities, Inc.'s most recent proxy was read; its disclosed peer group does not include Gaming & Leisure Properties, Inc.. Filing ↗
51Section 10a, MGM Resorts International reciprocityDEF 14A0001193125-26-129074MGM Resorts International's most recent proxy was read; its disclosed peer group does not include Gaming & Leisure Properties, Inc.. Filing ↗
52Section 10a, VICI Properties Inc. reciprocityDEF 14A0001104659-26-028592VICI Properties Inc. names Gaming & Leisure Properties, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
53Section 10a, W. P. Carey Inc. reciprocityDEF 14A0001025378-26-000063W. P. Carey Inc. names Gaming & Leisure Properties, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
54Section 10a, Rexford Industrial Realty, Inc. reciprocityDEF 14A0001571283-26-000012Rexford Industrial Realty, Inc.'s most recent proxy was read; its disclosed peer group does not include Gaming & Leisure Properties, Inc.. Filing ↗
55Section 10a, Ventas, Inc. reciprocityDEF 14A0000740260-26-000010Ventas, Inc.'s most recent proxy was read; its disclosed peer group does not include Gaming & Leisure Properties, Inc.. Filing ↗
56Section 10a, Omega Healthcare Investors, Inc. reciprocityDEF 14A0001104659-26-045753Omega Healthcare Investors, Inc. names Gaming & Leisure Properties, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
57Section 10a, Realty Income Corporation reciprocityDEF 14A0000726728-26-000021Realty Income Corporation's most recent proxy was read; its disclosed peer group does not include Gaming & Leisure Properties, Inc.. Filing ↗