Canterbury Park (CPHC) director receives 2,547-share deferred stock award
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
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Key Figures
Deferred stock award: 2,547 shares
Reference share price: $15.70 per share
Post-award holdings: 13,528 shares
3 metrics
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
Key Terms
Deferred stock award, vesting, Annual Meeting of Shareholders, closing price
4 terms
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.
closing price financial
"The number of shares to be issued was determined based on the closing price of $15.70"
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.