Chronister Mark 4
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Canterbury Park (CPHC) Director Mark Chronister Receives Award
What Happened Mark Chronister, a director of Canterbury Park Holding Corp (CPHC), was granted 2,547 shares on June 4, 2026 under a deferred stock award (transaction code A). The Form 4 reports acquisition at $0 cash paid; the filing notes the grant was valued using the June 4, 2026 closing price of $15.70, implying a notional value of about $39,987.90.
Key Details
- Transaction date: 2026-06-04; Form 4 filed: 2026-06-08 (timely within two business days).
- Transaction type/code: Grant/Award (A); reported acquisition price $0.00.
- Shares granted: 2,547. Notional value based on $15.70 close: ≈ $39,987.90.
- Vesting/delivery: Award vests at the Company’s 2027 Annual Meeting of Shareholders but will not be delivered until one year after the vesting date (per footnote).
- Shares owned after transaction: not disclosed in the filing.
Context This was a deferred equity award (not an open-market purchase or sale). Such awards compensate insiders and do not represent immediate cash transactions or market sales; delivery is delayed per the footnote, so the shares are not currently transferable. The filing appears timely under Form 4 rules.