OFFERMAN CARIN J 4

What Happened Carin J. Offerman, a director of Canterbury Park Holding Corp (CPHC), was granted a deferred stock award of 2,547 shares on June 4, 2026. The Form 4 reports the acquisition price as $0.00 (award). The number of shares was calculated using the June 4, 2026 closing price of $15.70, giving an implied value of $39,987.90 (~$40k). This is a grant/award (code A), not an open-market purchase or sale.

Key Details

• Transaction date: June 4, 2026. Form filed June 8, 2026.
• Reported acquisition: 2,547 shares at $0.00 (award); implied value $15.70/share = $39,987.90.
• Shares owned after the transaction: not disclosed in this filing.
• Footnote: Award is a deferred stock award that vests at the Company’s 2027 Annual Meeting of Shareholders and will not be delivered until one year after the vesting date. The share count was determined using the $15.70 close on June 4, 2026.
• Transaction code: A (award/grant).

Context This is a compensation-related award to a director with deferred vesting and delayed delivery—a routine corporate governance/compensation event rather than an active market trade. Such grants are common for non-employee directors and do not necessarily signal an immediate change in insider sentiment.