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. executive Marcia A. Dall, EVP and CFO, reported equity awards and related share withholding. On February 5, 2026 she acquired 12,207 shares of common stock at $0 from settlement of performance share units for the January 1, 2023 to December 31, 2025 performance period.
On the same date she had 3,944 shares of common stock withheld at $93.69, typically for taxes, leaving 153,843 common shares held directly. She was also granted 12,276 restricted stock units, increasing her RSU holdings to 32,252.128 units that will vest in one-third increments on December 31, 2026, 2027 and 2028, with the underlying restricted stock vesting over a multi-year period.
Churchill Downs Inc. director Douglas C. Grissom reported a small increase in his holdings through a stock-based dividend. On 01/06/2026, he acquired 116.68 shares of common stock of Churchill Downs Inc. (CHDN) at $0 per share, with the acquisition coded as an "A" transaction.
According to the footnote, the shares were granted as dividends in the form of restricted stock units and phantom share units, each economically equivalent to one share of common stock, with the underlying shares delivered when his service as a director ends. After this transaction, Grissom directly beneficially owned 39,982.62 shares of Churchill Downs common stock.
Churchill Downs Inc. director Daniel P. Harrington reported dividend-equivalent stock awards in the company’s common shares. On 01/06/2026, he acquired 476.98 shares of common stock at a price of $0, described as dividends granted in the form of restricted stock units and phantom share units. Each unit is the economic equivalent of one share, with the underlying common shares delivered when he completes his service as a director.
After this transaction, Harrington directly beneficially owned 123,829.18 shares of Churchill Downs common stock. He also reported indirect beneficial ownership of 1,145,352 shares held through TVI Corp. The filing is made as a single-reporting-person Form 4 reflecting his status as a director of Churchill Downs Inc. (CHDN).
Churchill Downs Inc. director R. Alexander Rankin reported a routine equity transaction. On 01/06/2026, he acquired 199.38 shares of Churchill Downs common stock at a price of $0 per share, described as dividends granted in the form of restricted stock units (RSUs). Each RSU is the economic equivalent of one share of common stock, with the underlying shares delivered when he completes his service as a director. Following this grant, Rankin directly beneficially owned 99,211.17 shares of Churchill Downs common stock.
Churchill Downs Inc director Andrea M. Carter reported an automatic acquisition of common stock as a board-related award. On January 6, 2026, she received 17.11 shares of common stock at a price of $0 per share, described as dividends granted in the form of restricted stock units and phantom share units. Each unit is the economic equivalent of one share of common stock and the underlying shares are delivered when her service as a director is completed. Following this grant, she beneficially owned 5,700.96 shares of Churchill Downs Inc common stock in direct ownership.
Churchill Downs Inc. director Paul C. Varga reported an acquisition of 39.45 shares of common stock on January 6, 2026. The shares were granted as dividends in the form of restricted stock units, each unit being the economic equivalent of one share of common stock. The underlying shares will be transferred to him when he completes his service as a director. After this dividend-related grant, Varga beneficially owns 33,299.5 shares of Churchill Downs common stock, held directly, and the grant carried no cash purchase price.
Churchill Downs Inc. director Karole F. Lloyd reported receiving 59.98 shares of common stock on 01/06/2026. The shares were granted as dividends paid in the form of restricted stock units and restricted shares, with each unit equal to one share of common stock. The underlying common shares will be transferred to her when she completes her service as a director. Following this grant, she beneficially owns 38,059.84 shares of Churchill Downs common stock directly.
Churchill Downs Inc. (CHDN) insider William E. Mudd, President and COO, reported equity transactions. On October 30, 2025, 94,966 shares of common stock were acquired at $0 upon settlement of service-based performance stock units. The same day, a separate transaction recorded the disposition of 43,258 shares at $100.4 per share.
Following these transactions, Mudd beneficially owned 733,015.8 shares, held directly. The filing notes these units vested and were settled on October 30, 2025.
Churchill Downs (CHDN) disclosed that CEO William C. Carstanjen reported equity transactions on October 30, 2025. He acquired 151,942 shares of common stock at $0 via a code M transaction tied to the settlement of service-based performance stock units. The filing also shows a code F disposition of 68,071 shares at $100.4. Following these transactions, he directly beneficially owned 1,675,515 shares.
The derivative table lists the underlying settlement of 151,942 shares from restricted stock units, which vested and were settled on October 30, 2025, with 146,367.52 derivative securities shown as beneficially owned afterward.
Churchill Downs Incorporated reported higher third‑quarter revenue but lower earnings. Net revenue rose to $683.0 million from $628.5 million a year ago, led by Live and Historical Racing at $300.0 million and Wagering Services and Solutions at $118.0 million, while Gaming was $265.0 million. Operating income fell to $98.0 million from $125.9 million as asset impairments increased. Net income attributable to the company was $38.1 million versus $65.4 million, or $0.54 diluted EPS versus $0.86.
Results included an $85.1 million non‑cash impairment of Chasers’ gaming rights and a $40.0 million gain on settling a related liability. The company acquired 90% of Casino Salem on Aug 27, 2025, recording an indefinite‑lived gaming rights intangible of $196.6 million. Year‑to‑date, net revenue reached $2,260.0 million and diluted EPS was $4.55.
Cash from operating activities was $673.8 million year‑to‑date. The board authorized a new $500.0 million repurchase program in July; remaining authority was $461.5 million at Sept 30, 2025. Year‑to‑date repurchases totaled 3,879,741 shares for $393.3 million. Shares outstanding were 69,728,742 at Oct 15, 2025.
Churchill Downs Incorporated reported higher third‑quarter revenue but lower earnings. Net revenue rose to $683.0 million from $628.5 million a year ago, led by Live and Historical Racing at $300.0 million and Wagering Services and Solutions at $118.0 million, while Gaming was $265.0 million. Operating income fell to $98.0 million from $125.9 million as asset impairments increased. Net income attributable to the company was $38.1 million versus $65.4 million, or $0.54 diluted EPS versus $0.86.
Results included an $85.1 million non‑cash impairment of Chasers’ gaming rights and a $40.0 million gain on settling a related liability. The company acquired 90% of Casino Salem on Aug 27, 2025, recording an indefinite‑lived gaming rights intangible of $196.6 million. Year‑to‑date, net revenue reached $2,260.0 million and diluted EPS was $4.55.
Cash from operating activities was $673.8 million year‑to‑date. The board authorized a new $500.0 million repurchase program in July; remaining authority was $461.5 million at Sept 30, 2025. Year‑to‑date repurchases totaled 3,879,741 shares for $393.3 million. Shares outstanding were 69,728,742 at Oct 15, 2025.