Canterbury Park (CPHC) CFO Randy Dehmer Sells Shares to Cover Taxes

What Happened Randy J. Dehmer, Chief Financial Officer of Canterbury Park Holding Corp (CPHC), had a total of 980 shares withheld (disposed) to satisfy tax withholding related to a prior deferred stock grant. The withholdings occurred in three actions: 417 shares on 2026-03-13 ($6,555), 327 shares on 2026-03-14 ($5,140), and 236 shares on 2026-03-15 ($3,710). All shares were valued at $15.72 each for a combined total of $15,405. These were share-withholdings for taxes (transaction code F), not open-market sales.

Key Details

• Transaction dates and amounts:
  • 2026-03-13: 417 shares @ $15.72 = $6,555 (disposed)
  • 2026-03-14: 327 shares @ $15.72 = $5,140 (disposed)
  • 2026-03-15: 236 shares @ $15.72 = $3,710 (disposed)
• Total withheld: 980 shares for $15,405.
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnote: The reporting person elected to satisfy tax withholding by directing the company to withhold shares otherwise issuable under a previously reported deferred stock grant (footnote F1).
• Filing: Report filed 2026-03-16; appears to be filed promptly after the last transaction date.

Context This was a routine tax-withholding (cashless settlement) tied to the vesting of previously granted deferred stock, not an open-market sale or a purchase. Such withholdings are common and generally reflect tax obligations rather than a change in the insider’s view of the company.