Canterbury Park Holding (CPHC) CFO gets 6,400-share stock grant

Rhea-AI Filing Summary

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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Dehmer Randy J

(Last) (First) (Middle)

1100 CANTERBURY PARK RD

(Street)

SHAKOPEE MN 55379

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Canterbury Park Holding Corp [ CPHC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/16/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/16/2026		F		218(1)	D	$15.61	20,965	D
Common Stock	03/12/2026		A		6,400(2)	A	$0	27,365	D
Common Stock								2,866	I	By 401(k) Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reporting person has elected to satisfy his tax withholding obligation in connection with the vesting of a prior deferred stock grant by directing the Company to withhold shares otherwise issuable pursuant to the previously reported grant.

2. Deferred stock awards vest 25% annually for each of the next four years.

	Alex Lorman by Power of Attorney for Randy J. Dehmer	03/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did CPHC report for Randy J. Dehmer?

Canterbury Park Holding Corp reported that CFO Randy J. Dehmer received a grant of 6,400 Common Stock shares and had 218 shares withheld at $15.61 to satisfy tax obligations related to a prior deferred stock grant vesting.

How many Canterbury Park (CPHC) shares did the CFO receive in the latest grant?

Randy J. Dehmer received a grant of 6,400 shares of Canterbury Park Holding Corp Common Stock. The award was recorded at a price of $0.00 per share, indicating a compensation-related stock grant rather than an open-market purchase.

Why were 218 CPHC shares withheld from the CFO on February 16, 2026?

On February 16, 2026, 218 Canterbury Park Holding Corp shares were withheld at $15.61 each to satisfy Randy J. Dehmer’s tax withholding obligation arising from the vesting of a previously reported deferred stock grant, rather than representing an open-market sale.

What are Randy J. Dehmer’s total CPHC share holdings after these transactions?

Following the reported transactions, Randy J. Dehmer holds 27,365 Canterbury Park Holding Corp shares directly and 2,866 shares indirectly through a 401(k) plan. These figures reflect his updated ownership after the stock grant and related tax-withholding share reduction.

Does the Form 4 for CPHC show any option exercises by the CFO?

The Form 4 does not report any option exercises for Randy J. Dehmer. It instead shows a 6,400-share Common Stock grant and a 218-share withholding at $15.61 to cover taxes tied to a previously reported deferred stock award vesting.

Is the 218-share CPHC disposition by the CFO a market sale?

The 218-share disposition is not an open-market sale. It reflects tax withholding, where Canterbury Park Holding Corp retained shares otherwise issuable to Randy J. Dehmer to satisfy his tax obligation from an earlier deferred stock grant vesting.