Welcome to our dedicated page for Canterbury P Ord SEC filings (Ticker: CPHC), 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.
This page provides access to U.S. Securities and Exchange Commission filings for Canterbury Park Holding Corporation (Nasdaq: CPHC), the owner and operator of Canterbury Park Racetrack and Casino in Shakopee, Minnesota. Investors can review the company’s regulatory disclosures to understand its racetrack, casino, food and beverage, and real estate development activities, as well as its capital allocation and governance practices.
Canterbury Park’s SEC filings include annual reports on Form 10-K and quarterly reports on Form 10-Q, which present detailed information on segment performance across horse racing, Casino, food and beverage, and development operations. These reports also discuss non-GAAP measures such as EBITDA and Adjusted EBITDA, with definitions and reconciliations to net income, and describe items like land transfers, tax increment financing receivables, and joint venture results related to Canterbury Commons.
The company also files current reports on Form 8-K to disclose significant corporate events and board decisions. For example, an amended Form 8-K describes the outcome of a stockholder advisory vote on the frequency of Say-on-Pay votes and the board’s decision to hold these executive compensation advisory votes on a triennial basis. Such filings offer insight into Canterbury Park’s governance and shareholder communication practices.
In addition, investors can use this page to monitor proxy-related disclosures and insider transaction reports, such as Forms 3, 4, and 5 when available, to see how directors and officers interact with CPHC stock. Stock Titan’s platform enhances these documents with AI-powered summaries that highlight key points from lengthy filings, helping users quickly identify important changes in financial performance, compensation policies, development commitments, and other material factors without reading every page in full.
Canterbury Park Holding Corporation updated executive compensation for 2026. The Board approved a 3% increase in President and CEO Randall D. Sampson’s annual base salary to $347,606 and a 2.5% increase in CFO Randy J. Dehmer’s salary to $280,988, effective March 29, 2026.
The company also set 2026 performance goals under its Annual Incentive Plan and granted cash incentive opportunities. Bonuses will depend on 2026 adjusted income from operations (70% weight) and consolidated revenue (30% weight), with payouts capped at 150% of target. At target performance, Sampson can earn a bonus equal to 45% of salary and Dehmer 35%.
Canterbury Park Holding Corp Chief Financial Officer Randy J. Dehmer reported share dispositions to cover taxes tied to a prior deferred stock grant vesting. Over March 13–15, he directed the company to withhold a total of 980 shares of common stock at $15.72 per share.
These Code F transactions are tax-withholding dispositions, not open-market sales. After the transactions, Dehmer holds 26,385 shares directly and 2,866 shares indirectly through a 401(k) plan.
Canterbury Park Holding Corp reported that President and CEO Randall D. Sampson received a grant of 10,100 shares of common stock on March 12, 2026 as a deferred stock award at no cash cost, increasing his direct holdings to 313,559 shares.
On February 16, 2026, 363 shares were withheld at $15.61 per share to cover tax obligations from a prior deferred stock grant, which is a non-market disposition. The filing also shows indirect holdings in common stock through a 401(k) plan and trusts, including shares held by the Randall D. Sampson GST Trust and Sampson Family Real Estate Holdings, LLC, where various family trusts are beneficiaries and certain membership interests are disclaimed.
Canterbury Park Holding Corp reported that Chief Financial Officer Randy J. Dehmer received a grant of 6,400 shares of Common Stock, awarded at no cash cost to him.
On the same Form 4, the company withheld 218 shares at $15.61 per share to cover his tax obligation from a prior deferred stock grant vesting. After these updates, Dehmer holds 27,365 shares directly and 2,866 shares indirectly through a 401(k) plan.
Canterbury Park Holding Corporation reported 2025 net revenues of $59.6 million, down 3.2% from 2024, and a small net loss of $0.5 million versus prior-year profit. Casino activity remains the core business, contributing 62.3% of net revenues, with pari-mutuel wagering at 12.9% and food and beverage at 13.8%.
Adjusted EBITDA was $9.4 million, a 12.9% decline from 2024, reflecting softer Casino collections and lower live racing revenue as field sizes and race days fell. The company continues to invest in its Canterbury Commons real estate strategy through multiple joint ventures and land sales, while carrying a purse overpayment receivable tied to future funding.
Management highlights intense competition from nearby tribal casinos, the Running Aces racetrack, online wagering, and potential future sports betting in Minnesota. The filing also details extensive state racing regulation, a multi-layer cybersecurity program, and a workforce of 214 full-time and 532 part-time team members as of December 31, 2025.
Canterbury Park Holding Corp insider Randall D. Sampson filed an amended Schedule 13G reporting his beneficial ownership of the company’s common stock. As of December 31, 2025, he beneficially owns 997,013 shares, representing 19.5% of the outstanding common stock.
The filing explains this total includes 261,923 shares held individually (with 1,000 shares of deferred stock vesting within sixty days), 33,530 shares held jointly with his spouse, 34,173 shares in a GST trust where he is sole trustee, and 667,387 shares held by Sampson Family Real Estate Holdings, LLC, where he is sole manager.
Canterbury Park Holding Corporation reported Q3 results. Net revenues were $18,314,701 with net income of $487,283 (basic and diluted EPS $0.10). For the nine months, net revenues were $47,122,067 and net loss was $139,333 (EPS $(0.03)).
Casino revenue declined in Q3 to $8,925,116 from $9,878,660, reflecting lower table game collections, while food & beverage grew to $3,507,789. Pari-mutuel revenue was $3,236,032. Adjusted EBITDA was $2,813,619 in Q3 and $6,626,104 year-to-date, down from the prior year.
Other loss was driven by equity method losses of $936,264 in Q3 and $3,899,029 year-to-date, tied to real estate joint ventures, with “investee losses in excess of equity investment” at $7,347,057. Cash, cash equivalents, and restricted cash were $16,989,884, and there were no borrowings on the $5,000,000 revolving line. A TIF receivable totaled $20,161,264. The company declared a Q3 cash dividend of $0.07 per share. Shares outstanding were 5,099,272 as of November 6, 2025.
Canterbury Park Holding Corporation updated its prior report to explain how often it will hold future advisory votes on executive pay, known as Say-on-Pay votes. At the June 5, 2025 annual meeting, stockholders gave the most support to holding these advisory votes every three years.
Following that result, and in line with its Board of Directors’ recommendation, the company decided to conduct Say-on-Pay votes on a triennial basis. This triennial schedule will remain in place until the next required advisory vote on the frequency of Say-on-Pay, which is expected no later than the company’s 2031 annual stockholders’ meeting, or until the Board changes the frequency.
Canterbury Park Holding Corporation has filed a shelf registration statement on Form S-3 to offer and sell up to $100,000,000 of common stock, preferred stock, warrants, subscription rights and units from time to time. The filing carries forward $100,000,000 of previously registered but unsold securities under Rule 415(a)(6).
The company’s common stock trades on the Nasdaq Global Market under the symbol CPHC. As of September 12, 2025, it had 5,086,028 shares outstanding and a public float of approximately $63.8 million. Under General Instruction I.B.6, it will not sell more than one-third of this public float in any 12‑month period while the float remains below $75 million.
Gate City Capital Management, LLC and its managing member Michael Melby reported beneficial ownership of 443,599 common shares of Canterbury Park Holding Corporation (CUSIP 13811E101), representing 8.8% of the class. The holdings are reported as held by funds advised by the management company, and the filer states sole voting and sole dispositive power over the reported shares.
The filing includes a certification that the securities were acquired and are held in the ordinary course of business and were not acquired to change or influence control of the issuer. The disclosure identifies the adviser, its Illinois organization, the issuer's principal office, and confirms the position classification of the reporting persons.