Canterbury Park Holding Corp (CPHC) director receives 2,547-share deferred stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Himle John Stefan reported acquisition or exercise transactions in this Form 4 filing.
Canterbury Park Holding Corp director John Stefan Himle reported an equity compensation grant of common stock. He received 2,547 shares as a deferred stock award, with no cash paid per share. Following the grant, he directly holds 17,450 common shares.
The award will vest at the company’s 2027 Annual Meeting of Shareholders and will not be delivered until one year after the vesting date. The number of shares granted was determined using the company’s closing stock price of $15.70 on June 4, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Himle John Stefan
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,547 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 17,450 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Deferred stock award: 2,547 shares
Reference stock price: $15.70
Holdings after transaction: 17,450 shares
+1 more
4 metrics
Deferred stock award
2,547 shares
Common Stock grant to director on June 4, 2026
Reference stock price
$15.70
Closing price used to determine award size on June 4, 2026
Holdings after transaction
17,450 shares
Director’s direct ownership following the grant
Transaction price per share
$0.00
Indicates compensation grant, not open-market purchase
Key Terms
Deferred stock award, vesting, Annual Meeting of Shareholders, Form 4
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.
Form 4 regulatory
"reported on the Form 4 transaction"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Canterbury Park Holding Corp (CPHC) report?
Canterbury Park Holding Corp reported a director equity grant of 2,547 common shares. This was a deferred stock award with no cash paid per share, increasing the director’s direct holdings to 17,450 shares after the award.
Who received the stock award in Canterbury Park Holding Corp (CPHC)?
Director John Stefan Himle received the deferred stock award. He was granted 2,547 common shares of Canterbury Park Holding Corp as equity compensation, bringing his direct ownership to 17,450 shares following the reported Form 4 transaction.
When does the deferred stock award for CPHC’s director vest and deliver?
The deferred stock award vests at Canterbury Park Holding Corp’s 2027 Annual Meeting of Shareholders. The shares are not delivered until one year after that vesting date, creating a built-in holding and service period for the director.