Welcome to our dedicated page for Church Downs SEC filings (Ticker: CHDN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Churchill Downs Incorporated (NASDAQ: CHDN) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. As a Kentucky-incorporated issuer with common stock listed on The Nasdaq Global Select Market, Churchill Downs Incorporated ("CDI") reports material events, financial results, and governance matters through forms such as 10-K, 10-Q, and 8-K.
Recent Form 8-K filings illustrate the range of topics covered in CDI’s current reports. The company has filed 8-Ks to furnish quarterly financial results for its Live and Historical Racing, Wagering Services and Solutions, and Gaming segments; to announce a $500 million share repurchase program approved by its Board of Directors; and to disclose the acquisition of 90% of Casino Salem in Salem, New Hampshire, including the right to develop a charitable gaming, entertainment, and dining destination featuring historical horse racing machines.
Other 8-K filings document matters such as executive compensation arrangements and leadership changes, including memoranda of understanding related to executive retirement. Regulation FD disclosures appear in filings that attach press releases or outline transactions and development plans, while Item 2.02 filings furnish earnings releases for specific quarters.
Through its periodic reports, CDI also discusses non-GAAP measures like Adjusted EBITDA, adjusted net income, and adjusted diluted EPS, explaining how these metrics are used to evaluate segment performance and compare results between periods. Risk factor discussions referenced in the company’s annual reports address regulatory, competitive, financial, and operational risks associated with gaming, racing, and online wagering activities.
On Stock Titan, these filings are updated in near real time from the SEC’s EDGAR system and are paired with AI-powered summaries that highlight key points in each document. Users can quickly identify items related to quarterly earnings (10-Q), annual reporting (10-K), share repurchases, acquisitions, and executive or governance changes, and can review insider-related disclosures such as Form 4 filings when they are available.
This structured view of Churchill Downs Incorporated’s SEC filings helps investors and researchers understand how developments in racing, online wagering, and regional casino gaming are reflected in the company’s official regulatory record.
Churchill Downs Inc director Richard Alex Rankin received an equity grant tied to his 2026 board service. He acquired 2,257 shares of Common Stock through a grant of restricted stock units, with no cash price per share. These restricted stock units will vest one year from the anniversary of the April 21, 2026 grant date, and each unit is the economic equivalent of one share of common stock. The closing price of CHDN common stock on April 21, 2026 was used to determine the number of units granted. Following this award, Rankin directly holds a total of 101,468.17 shares, including restricted stock units and dividends credited on those units, with the equivalent shares from vested units to be transferred when he completes his service as a director.
HARRINGTON DANIEL P reported acquisition or exercise transactions in this Form 4 filing.
Churchill Downs Inc director Daniel P. Harrington received an equity award of 2,257 shares of common stock as compensation for 2026 director service. The award is structured as restricted stock units that vest one year from the anniversary of the grant date and are economically equivalent to common shares.
After this grant, Harrington directly holds 126,086.18 shares of common stock and indirectly holds 1,145,352 shares through TVI Corp., including restricted stock units and dividends awarded on those units. The equivalent shares related to vested units will be transferred when he completes his service as a director.
Churchill Downs Inc director Douglas C. Grissom reported an acquisition of 2,257 restricted stock units of common stock on April 21, 2026. The units were granted for 2026 director service and will vest one year from the grant’s anniversary date.
Each restricted stock unit is the economic equivalent of one share of common stock. After this grant, Grissom directly holds a total of 42,622.29 shares, including restricted stock units and related dividend equivalents, with the vested shares to be delivered when his service as a director ends.
VARGA PAUL C reported acquisition or exercise transactions in this Form 4 filing.
Churchill Downs Inc director Paul C. Varga received a grant of restricted stock units tied to his 2026 board service. The award covers 2,257 units of common stock, granted at no cash cost to him as equity compensation, not an open‑market purchase.
The units will vest one year from the anniversary of the April 21, 2026 grant date, with each unit economically equal to one share of common stock. After this award, Varga beneficially owns 35,556.5 shares of Churchill Downs common stock, including previously granted and dividend-related restricted stock units that will deliver shares when his board service ends.
Lloyd Karole reported acquisition or exercise transactions in this Form 4 filing.
Churchill Downs Inc director Lloyd Karole received 2,257 shares of restricted common stock as 2026 director compensation. The award was granted at no cash cost and is scheduled to vest one year from the grant date anniversary, when the restrictions will lapse.
After the grant, Karole directly holds a total of 40,316.84 shares, including restricted stock, restricted stock units granted for director service, and related dividends. Shares underlying vested restricted stock units will be delivered when Karole’s service as a director ends.
Carter Andrea M reported acquisition or exercise transactions in this Form 4 filing.
Churchill Downs Inc director Andrea M. Carter received a grant of 2,257 shares of restricted common stock for 2026 director service. These shares were awarded at no cash cost and increase her direct holdings to 7,957.96 shares.
The restricted stock will vest one year from the anniversary of the April 21, 2026 grant date, at which time the restrictions lapse. Her reported holdings include restricted stock and restricted stock units granted for board service and related dividend equivalents, with equivalent common shares from vested units to be transferred when she completes her director service.
Churchill Downs Incorporated reported higher quarterly results for the three months ended March 31, 2026. Net revenue rose to $663 million from $643 million, driven mainly by growth at Kentucky, Virginia, and New Hampshire historical racing machine venues and modest gains in Wagering Services and Solutions.
Net income attributable to Churchill Downs increased to $83 million from $77 million, with diluted EPS up to $1.16 from $1.02. Adjusted EBITDA grew to $257 million from $245 million, led by an $11 million increase in Live and Historical Racing and a $4 million increase in Wagering Services and Solutions, partly offset by slightly lower Gaming results after ceasing Louisiana HRM operations.
The company generated $295 million in operating cash flow and reduced total debt to $4.95 billion, mainly by paying down its revolver. Shareholders’ equity rose to $1.10 billion. Subsequent to quarter-end, Churchill Downs agreed to acquire $85 million of Preakness and Black-Eyed Susan intellectual property rights, to be licensed to Maryland for an annual fee.
Churchill Downs Incorporated reported higher results for the quarter ended March 31, 2026. Net revenue reached $663 million, up 3% from $643 million, and net income attributable to CDI was $83 million, up from $77 million. Diluted EPS increased to $1.16 from $1.02, while record Adjusted EBITDA rose to $257 million from $245 million.
Growth was driven mainly by the Live and Historical Racing segment, where revenue rose to $301 million and Adjusted EBITDA to $113 million, reflecting strong Kentucky and Virginia HRM performance. Gaming revenue dipped slightly to $262 million with near-flat Adjusted EBITDA, while Wagering Services and Solutions delivered modest revenue and margin gains.
The company highlighted several strategic moves, including a planned $180–$200 million investment in Rockingham Grand Casino, the opening of Marshall Yards Racing & Gaming, and an $85 million agreement to acquire the Preakness and Black-Eyed Susan Stakes intellectual property. CDI ended the quarter with net bank leverage of 3.8x and returned $31 million to shareholders via dividends.
Churchill Downs Incorporated held its 2026 Annual Meeting on April 21, 2026. Shareholders elected two Class III directors to three-year terms, ratified the company’s auditor, and approved executive compensation on an advisory basis.
Douglas C. Grissom received 53,602,746 votes for and 5,980,214 withheld, with 5,058,232 broker non-votes. Daniel P. Harrington received 56,384,182 votes for and 3,198,778 withheld, with 5,058,232 broker non-votes.
Shareholders ratified PricewaterhouseCoopers LLP as independent registered public accounting firm for fiscal year 2026 with 63,632,857 votes for, 975,233 against, and 33,102 abstentions. The advisory vote on named executive officer compensation passed with 50,404,461 votes for, 9,078,571 against, 99,928 abstentions and 5,058,232 broker non-votes.
Churchill Downs Inc director Douglas C. Grissom received an equity-based award tied to company stock. He acquired 382.67 phantom share units of common stock as a grant for director compensation, at no cash cost. Each phantom unit is economically equivalent to one share and is payable in common stock when his board service ends. Following this award, his reported direct holdings tied to Churchill Downs common stock total 40,365.29 share-equivalents, including restricted stock units, phantom share units from deferred compensation elections, and related dividend units.