SAMPSON RANDALL D 4
Research Summary
AI-generated summary
Canterbury Park (CPHC) 10% Owner Randall D. Sampson Receives 10,100 Shares
What Happened
- Randall D. Sampson, a reported 10% owner of Canterbury Park Holding Corp (CPHC), received a grant of 10,100 deferred shares on 2026-03-12 (reported as acquisition code A). Earlier, on 2026-02-16, 363 shares were withheld/retired to satisfy tax withholding related to a prior deferred grant (disposition code F) — those 363 shares were valued at $15.61 each for a total of $5,666 in the filing.
- These transactions are awards/administrative (not open-market buys or sales) — the 10,100-share entry is a grant (no cash paid), and the 363-share removal was a tax-withholding action.
Key Details
- Transaction dates & prices:
- 2026-02-16: 363 shares withheld for tax/withholding at $15.61 → $5,666 (Disposition, code F).
- 2026-03-12: 10,100 shares granted at $0.00 (Acquisition, code A).
- Shares owned after transaction: Not specified in the provided filing details.
- Notable footnotes:
- F1: Withholding (363 shares) satisfied tax obligations on vesting of a prior deferred stock grant.
- F2: Deferred stock awards vest 25% annually over the next four years.
- F3–F4: Some holdings are held in trusts/LLC (Randall D. Sampson GST Trust and Sampson Family Real Estate Holdings, LLC); Mr. Sampson is trustee/manager for those entities and disclaims ownership where he has no pecuniary interest.
- Filing timeliness: The Form 4 was filed 2026-03-13. The 2026-02-16 withholding transaction appears to have been reported late (reported after the transaction date); the 2026-03-12 grant was reported within a short interval. Late reporting is a filing/timeliness issue, not a statement about the transaction's substance.
Context
- These were award and tax-withholding actions related to deferred stock — not open-market purchases or sales. Deferred awards and withholding transactions are typically administrative and don't necessarily signal a change in insider sentiment. Because Mr. Sampson is a 10% owner and some shares are held via trusts/LLC, these filings reflect both personal and entity-held interests.