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Canterbury Park Holding Corp (CPHC) director receives 2,547-share deferred stock grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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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)
  1. [object Object]
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
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.
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.
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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*
Himle John Stefan

(Last)(First)(Middle)
1100 CANTERBURY PARK RD

(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$017,450D
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 John S. Himle06/08/2026
** 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 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.

How was the number of Canterbury Park (CPHC) shares in the award determined?

The 2,547-share award was calculated using Canterbury Park Holding Corp’s closing stock price of $15.70 on June 4, 2026. That market price was used to size the deferred stock award reported on the Form 4.

Did the Canterbury Park (CPHC) director pay cash for the awarded shares?

No, the director did not pay cash for the granted shares. The Form 4 lists a transaction price per share of $0.00, reflecting that this was a compensation-related grant, not an open-market stock purchase.