Churchill Downs Inc: director Douglas C. Grissom received 454.22 shares

What happened Douglas C. Grissom, a director, received 454.22 phantom share units on Sep 30, 2026. The Form 4 reports an acquisition price of $0.00 and a reported value of $0.00.

Key details

• Transaction date and price: Sep 30, 2026; acquisition price reported as $0.00.
• Shares owned after the transaction: not specified in the filing; holding description provided (see footnote).
• Footnotes from the filing:
  • F1: Phantom share units awarded in connection with the election to defer compensation; each phantom share unit is the economic equivalent of one share of common stock and shares are transferred upon completion of service as a director.
  • F2: The closing price of CHDN common stock on Sep 30, 2026, was used to determine the number of phantom shares awarded.
  • F3: The holding is comprised of restricted stock units granted for service as a director, phantom share units granted in connection with deferred compensation elections and dividends awarded for each unit.
• Form filed Oct 2, 2026; the filing does not indicate a late-report code.

Why it may matter This filing reports an award of phantom share units (a non-market grant tied to deferred compensation), not a conventional open-market purchase or sale. A filing does not show why the insider traded or why the company acted.