Insider trade

CEO exercised or converted 152K CHDN derivative securities

Traded Oct 30, 2025 · Filed Nov 3, 2025

Churchill Downs Inc.CHDN

152K
Derivative units

Why it stands out

Derivative exercise or conversion — not an open-market buy.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Oct 30, 2025
Reporting period: Not applicable
Filed with the SEC: Nov 3, 2025

CEOOption exercise

Context

Classification

option exercise

Code M — exercise or conversion of a derivative security

Planned / mechanical clue

Footnote references vesting of compensation awards

Only flagged when a footnote says so; never inferred

Source receipt

Record ID: 0001330580-25-000003

Filed / recorded

Nov 3, 2025, 9:05 PM UTC

Added to OQRO

Oct 6, 2026, 7:14 PM UTC

Parser

form4-xml-v2

Data quality

Verified: identifiers matched exactly

Issuer

Churchill Downs Inc

Issuer CIK

20212

Ticker

CHDN

Reporting person

William C. Carstanjen

Relationship

Officer

Officer title

Chief Executive Officer

Security

Restricted Stock Units

Table

Derivative (Table II)

Transaction date

Oct 30, 2025

Transaction code

M

Shares / units

151,942

Price per share

$0.00

Acquired / disposed

Disposed (D)

Shares owned after

146,367.52

Ownership form

Direct

Amendment

No

Footnotes from the filing

Service based performance stock units do not have a conversion price or expiration date, and will be settled in common stock vesting over a multi-year period.
These service based performance stock units vested as of October 30, 2025, and were settled on October 30, 2025.