SCHRAMM DAMON E. 4
4 · Canterbury Park Holding Corp · Filed Jun 8, 2026
Research Summary
AI-generated summary of this filing
Canterbury Park (CPHC) Director Damon E. Schramm Receives Award
What Happened Damon E. Schramm, a director of Canterbury Park Holding Corp (CPHC), was granted a deferred stock award of 2,547 shares on 2026-06-04. The grant is reported as an acquisition (award) at $0.00 per share; the filing states the shares were determined using the $15.70 closing price on June 4, 2026, implying an approximate grant value of $39,987.90. This is a compensation award (not an open-market purchase or sale) and does not represent an immediate cash outlay or sale.
Key Details
- Transaction date: 2026-06-04; Filing date: 2026-06-08 (timely; within two business days).
- Transaction type/code: A = Award/Grant; Price reported: $0.00 (award).
- Shares granted: 2,547; Implied value based on $15.70 close: ≈ $39,987.90.
- Shares owned after transaction: Not specified in the filing.
- Footnote: Award vests at the Company's 2027 Annual Meeting of Shareholders but will not be delivered until one year after the vesting date (issuable later).
Context This is a deferred equity compensation award to a director — a routine form of director pay rather than a market purchase or sale. Because the award vests in 2027 and delivery is delayed another year, the shares will not be immediately tradable, which limits any immediate trading signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-04+2,547→ 8,769 total
Footnotes (1)
- [F1]Deferred stock award vesting at the Company's 2027 Annual Meeting of Shareholders, but not delivered until one year from the vesting date. The number of shares to be issued was determined based on the closing price of $15.70 as of June 4, 2026.