HARRINGTON DANIEL P 4

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.