HARRINGTON DANIEL P 4
4 · Churchill Downs Inc · Filed Apr 23, 2026
Research Summary
AI-generated summary of this filing
Churchill Downs (CHDN) Director Daniel P. Harrington Receives Award
What Happened Daniel P. Harrington, a director of Churchill Downs Incorporated (CHDN), received an award of 2,257 restricted stock units (RSUs) on April 21, 2026. The RSUs were reported at $0.00 per unit on the Form 4 (these are awards, not purchases); the number of units was determined using the company’s closing stock price on the grant date. The filing also lists a separate line for 0 shares at $0.00.
Key Details
- Transaction date: 2026-04-21; Form 4 filed: 2026-04-23 (appears timely).
- Award: 2,257 RSUs granted; additional line shows 0 RSUs.
- Reported price: $0.00 per unit (standard for grant awards; not a cash purchase).
- Shares owned after transaction: not specified in the provided filing.
- Notable footnotes:
- RSUs granted for 2026 director service and will vest one year from the grant anniversary (F1).
- RSUs have no conversion price or expiration date (F2).
- Includes RSUs granted for director service and dividend equivalents; vested-unit shares will be transferred upon completion of director service (F3).
Context RSUs are a form of compensation that convert into shares (or equivalent cash) upon vesting and do not indicate an open-market purchase or sale. Director RSU grants are routine compensation for service and typically vest over a set period (here, one year). This award does not by itself signal buy/sell intent by the director.
Insider Transaction Report
- Award
Common Stock
[F1][F2][F3]2026-04-21+2,257→ 126,086.18 total - Award
Common Stock
2026-04-21+0→ 1,145,352 total(indirect: by TVI Corp.)
Footnotes (3)
- [F1]Restricted stock units granted in connection with 2026 director service which will vest one year from the anniversary of the grant date. Each restricted stock unit is the economic equivalent of one share of common stock. The closing price of CHDN common stock on April 21, 2026, was used to determine the number of restricted stock units granted.
- [F2]Restricted stock units do not have a conversion price or expiration date.
- [F3]Includes restricted stock units granted for service as a director and dividends awarded for such units. The equivalent shares of common stock related to the vested units will be transferred upon the reporting person's completion of service as a director.