STOCK TITAN

Canterbury Park (CPHC) director receives 2,547-share deferred stock award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Chronister Mark reported acquisition or exercise transactions in this Form 4 filing.

Canterbury Park Holding Corp director Mark Chronister received a deferred stock award of 2,547 shares of common stock. The award vests at the company’s 2027 annual meeting of shareholders and will not be delivered until one year after vesting. The number of shares was based on the closing price of $15.70 on June 4, 2026. Following this grant, Chronister directly holds 13,528 shares of common stock.

Positive

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Insider Chronister Mark
Role null
Type Security Shares Price Value
Grant/Award Common Stock 2,547 $0.00 --
Holdings After Transaction: Common Stock — 13,528 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Deferred stock award 2,547 shares Common Stock grant on June 4, 2026
Reference share price $15.70 per share Closing price used to determine award size on June 4, 2026
Post-award holdings 13,528 shares Total common shares directly owned after the transaction
Deferred stock award financial
"Deferred stock award vesting at the Company's 2027 Annual Meeting of Shareholders"
A deferred stock award is company stock granted to employees or executives but delivered or allowed to be sold at a later date, often after meeting time or performance conditions. For investors, it matters because these promised shares can increase the number of outstanding shares (dilution) and reveal how management is being paid and motivated; think of it as a delayed paycheck in stock form that aligns long-term incentives.
vesting financial
"Deferred stock award vesting at the Company's 2027 Annual Meeting of Shareholders"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Annual Meeting of Shareholders financial
"vesting at the Company's 2027 Annual Meeting of Shareholders"
A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.
closing price financial
"The number of shares to be issued was determined based on the closing price of $15.70"
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SEC Form 4
FORM 4UNITED 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*
Chronister Mark

(Last)(First)(Middle)
1100 CANTERBURY ROAD SOUTH

(Street)
SHAKOPEE MINNESOTA 55379

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Canterbury Park Holding Corp [ CPHC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/04/2026A2,547(1)A$013,528D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Deferred stock award vesting at the Company's 2027 Annual Meeting of Shareholders, but not delivered until one year from the vesting date. The number of shares to be issued was determined based on the closing price of $15.70 as of June 4, 2026.
Alex Lorman by Power of Attorney for Mark Chronister06/08/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did CPHC director Mark Chronister report on this Form 4?

Mark Chronister reported receiving a deferred stock award of 2,547 Canterbury Park Holding Corp common shares. The award is compensation, not an open-market purchase, and was reported at a grant price reference of $15.70 per share.

When does Mark Chronister’s CPHC deferred stock award vest and settle?

The deferred stock award vests at Canterbury Park Holding Corp’s 2027 annual meeting of shareholders. The vested shares will not be delivered until one year after the vesting date, delaying actual share delivery beyond the vesting event.

How many Canterbury Park (CPHC) shares does Mark Chronister hold after this award?

After the 2,547-share deferred stock award, Mark Chronister holds 13,528 shares of Canterbury Park Holding Corp common stock. This figure reflects his direct ownership position reported immediately following the compensation grant on the Form 4.

Was cash paid for the CPHC shares reported in this Form 4 transaction?

No cash changed hands for this transaction; the 2,547 shares were granted as a deferred stock award at a price per share of $15.70. That figure reflects the closing price used to determine the number of shares granted.

What determines the number of shares in Mark Chronister’s CPHC deferred stock award?

The award’s 2,547 Canterbury Park Holding Corp shares were calculated using the stock’s closing price of $15.70 on June 4, 2026. This price set the conversion from a fixed grant value into an equivalent number of deferred shares.