Canterbury Park Holding Corp·4

Jun 8, 10:55 AM ET

Himle John Stefan 4

Research Summary

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Canterbury Park (CPHC) Director John Himle Receives Award

What Happened

  • John Himle, a director of Canterbury Park Holding Corp. (CPHC), was granted a deferred stock award of 2,547 shares on 2026-06-04. The award is recorded at $0.00 acquisition price on Form 4 (code A), but the number of shares was determined using the June 4, 2026 closing price of $15.70, implying an approximate value of $39,988.

Key Details

  • Transaction date: 2026-06-04; Form 4 filed: 2026-06-08 (timely within two business days).
  • Reported transaction: Award/Grant (code A) — 2,547 shares, $0.00 per share on the report; implied value ≈ $39,988 based on $15.70 closing price.
  • Vesting/delivery: Award vests at the Company's 2027 Annual Meeting but will not be delivered until one year after the vesting date (see footnote F1).
  • Shares owned after transaction: not specified in the provided filing.
  • No indication of a 10b5-1 plan, sale, tax withholding, or late filing in this report.

Context

  • This was a grant of deferred shares, not an open-market purchase or sale. Deferred awards are common for board compensation and reflect an issuance schedule rather than an immediate cash transaction or market timing by the insider. The award’s economic value will depend on the stock price at vesting and at delivery.