Form 4 for CHDN Churchill Downs Inc
Accepted 2026-01-05 00:00:00 ET · period of report 2025-12-31 · accession 0000020212-26-000002 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2026-01-05 | 2025-12-31 | CHDN | Mudd William E. | Pres, COO | D - Sale to Iss | $113.78 | -5,409 | 732.1K | -0.7% | -$615.4K |
| D | 2026-01-05 | 2025-12-31 | CHDN | Mudd William E. | Pres, COO | M - OptEx | $0.00 | +13.5K | 741.2K | +2% | $0 |
| D | 2026-01-05 | 2025-12-31 | CHDN | Mudd William E. | Pres, COO | F - Tax | $113.78 | -3,676 | 737.5K | -0.5% | -$418.3K |
| D | 2026-01-05 | 2025-12-31 | CHDN | Mudd William E. | Pres, COO | M - OptEx | $0.00 | -13.5K | 14.9K | -48% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-12-31 | D | D | 5,409 | $113.78 | 732,066.80 | D | — | — | |
| 2 | Common | Common Stock | 2025-12-31 | M | A | 13,477 | $0.00 | 741,151.80 | D | — | — | (F1) The reporting person is voluntarily reporting the acquisition of 178 shares acquired under the Churchill Downs Incorporated Employee Stock Purchase Plan (the "ESPP") for the period August 1, 2024 through July 31, 2025, and 211 shares from the ESPP for the period August 1, 2023 through July 31, 2024. |
| 3 | Common | Common Stock | 2025-12-31 | F | D | 3,676 | $113.78 | 737,475.80 | D | — | — | (F2) Based on the closing price of common stock on December 31, 2025. |
| 4 | Derivative | Restricted Stock Units | 2025-12-31 | M | D | 13,477 | $0.00 | 14,882 | D | — · — to — | 13,477 Common Stock | (F3) Restricted stock units do not have a conversion price or expiration date. (F4) Restricted stock vests over a multi-year period. |