Maureen Adams - Feb 10, 2025 Form 4 Insider Report for Churchill Downs Inc (CHDN)

Signature
Paula Chumbley, Attorney-In-Fact for Maureen Adams
Stock symbol
CHDN
Transactions as of
Feb 10, 2025
Transactions value $
-$79,335
Form type
4
Date filed
2/12/2025, 04:52 PM
Previous filing
Jan 3, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHDN Common Stock Options Exercise $0 +1.49K +11.81% $0.00 14.1K Feb 10, 2025 Direct F1
transaction CHDN Common Stock Tax liability -$79.3K -648 -4.61% $122.43 13.4K Feb 10, 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CHDN Restricted Stock Units Options Exercise $0 -1.49K -25.03% $0.00 4.45K Feb 10, 2025 Common Stock 1.49K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person is voluntarily reporting the acquisition of 211 shares acquired under the Churchill Downs Incorporated Employee Stock Purchase Plan (the "ESPP") for the period August 1, 2023 through July 31, 2024 and 238 shares acquired under the ESPP for the period August 1, 2022 through July 31, 2023 that, due to an administrative error, were inadvertently omitted from the reporting person's Form 4 filed on January 3, 2024.
F2 Based on the closing price of common stock on February 10, 2025.
F3 Restricted stock units do not have a conversion price or expiration date.
F4 Restricted stock units vest over a multi-year period.