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 OwnershipAll the details
Dates, kept separate
Transaction date
Oct 30, 2025
Reporting period
Not applicable
Filed with the SEC
Nov 3, 2025
OfficerOption 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
0000020212-25-000136
Filed / recorded
Nov 3, 2025, 9:07 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 E. Mudd
Relationship
Officer
Officer title
President and COO
Security
Restricted Stock Units
Table
Derivative (Table II)
Transaction date
Oct 30, 2025
Transaction code
M
Shares / units
94,966
Price per share
$0.00
Acquired / disposed
Disposed (D)
Shares owned after
28,359
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.