Churchill Downs's three largest insider shareholders as of September 29, 2026 are William C. Carstanjen (Chief Executive Officer, 1.69Mn shares), William E. Mudd (President And Coo, 732.07K shares), Austin W. Miller (Svp, Gaming Operations, 308.69K shares).
| # | Insider | Position | Direct | Indirect | Total | Share of Insiders | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | William C. Carstanjen | Chief Executive Officer | 1,685,609 | 0 | 1,685,609 | 48.8% | 09 Feb, 2026 |
| 2 | William E. Mudd | President And Coo | 732,067 | 0 | 732,067 | 21.2% | 09 Feb, 2026 |
| 3 | Austin W. Miller | Svp, Gaming Operations | 308,688 | 0 | 308,688 | 8.9% | 14 Feb, 2022 |
| 4 | Marcia A Dall | Evp, And Cfo | 153,843 | 0 | 153,843 | 4.5% | 09 Feb, 2026 |
| 5 | Daniel P Harrington | Director | 126,086 | 0 | 126,086 | 3.7% | 23 Apr, 2026 |
| 6 | Robert L Fealy | Director | 119,942 | 0 | 119,942 | 3.5% | 25 Apr, 2024 |
| 7 | Richard Alex Rankin | Director | 101,468 | 0 | 101,468 | 2.9% | 23 Apr, 2026 |
| 8 | Ulysses L Jr Bridgeman | Director | 51,771 | 0 | 51,771 | 1.5% | 06 Jan, 2025 |
| 9 | Douglas C Grissom | Director | 43,006 | 0 | 43,006 | 1.2% | 02 Jul, 2026 |
| 10 | Karole Lloyd | Director | 40,317 | 0 | 40,317 | 1.2% | 23 Apr, 2026 |
| 11 | Paul C Varga | Director | 35,557 | 0 | 35,557 | 1.0% | 23 Apr, 2026 |
| 12 | Bradley K. Blackwell | Evp, General Counsel | 30,934 | 0 | 30,934 | 0.9% | 09 Feb, 2026 |
| 13 | Maureen Adams | Evp, Gaming Operations | 15,121 | 0 | 15,121 | 0.4% | 05 Jan, 2026 |
| 14 | Andrea M Carter | Director | 7,958 | 0 | 7,958 | 0.2% | 23 Apr, 2026 |
Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.
| Date | Insider | Position | Transaction | Shares | Price | Value | Shares Held After | Ownership |
|---|---|---|---|---|---|---|---|---|
| 30 Jun, 2026 | Douglas C Grissom | Director | Acquired A | 383 | $0.00 | $0 | 43,006 | Direct |
| 21 Apr, 2026 | Karole Lloyd | Director | Acquired A | 2,257 | $0.00 | $0 | 40,317 | Direct |
| 21 Apr, 2026 | Daniel P Harrington | Director | Acquired A | 2,257 | $0.00 | $0 | 126,086 | Direct |
| 21 Apr, 2026 | Paul C Varga | Director | Acquired A | 2,257 | $0.00 | $0 | 35,557 | Direct |
| 21 Apr, 2026 | Richard Alex Rankin | Director | Acquired A | 2,257 | $0.00 | $0 | 101,468 | Direct |
| 21 Apr, 2026 | Andrea M Carter | Director | Acquired A | 2,257 | $0.00 | $0 | 7,958 | Direct |
| 21 Apr, 2026 | Douglas C Grissom | Director | Acquired A | 2,257 | $0.00 | $0 | 42,622 | Direct |
| 31 Mar, 2026 | Douglas C Grissom | Director | Acquired A | 383 | $0.00 | $0 | 40,365 | Direct |
| 19 Mar, 2026 | William E. Mudd | President And Coo | Acquired A | 1,449 | $0.00 | $0 | 37,679 | Direct |
| 19 Mar, 2026 | Marcia A Dall | Evp, And Cfo | Acquired A | 1,449 | $0.00 | $0 | 33,701 | Direct |
| 05 Feb, 2026 | William E. Mudd | President And Coo | Acquired A | 16,648 | $0.00 | $0 | 748,715 | Direct |
| 05 Feb, 2026 | Bradley K. Blackwell | Evp, General Counsel | Acquired A | 6,104 | $0.00 | $0 | 32,769 | Direct |
| 05 Feb, 2026 | Marcia A Dall | Evp, And Cfo | Acquired A | 12,207 | $0.00 | $0 | 157,787 | Direct |
| 05 Feb, 2026 | William C. Carstanjen | Chief Executive Officer | Acquired A | 37,727 | $0.00 | $0 | 1,723,336 | Direct |
| 05 Feb, 2026 | Marcia A Dall | Evp, And Cfo | Disposed F | 3,944 | $93.69 | $369.51K | 153,843 | Direct |
| 05 Feb, 2026 | William E. Mudd | President And Coo | Disposed D | 16,648 | $93.69 | $1.56Mn | 732,067 | Direct |
| 05 Feb, 2026 | William C. Carstanjen | Chief Executive Officer | Disposed D | 37,727 | $93.69 | $3.53Mn | 1,685,609 | Direct |
| 05 Feb, 2026 | Bradley K. Blackwell | Evp, General Counsel | Disposed F | 1,835 | $93.69 | $171.92K | 30,934 | Direct |
| 05 Feb, 2026 | Marcia A Dall | Evp, And Cfo | Acquired A | 12,276 | $0.00 | $0 | 32,252 | Direct |
| 05 Feb, 2026 | William C. Carstanjen | Chief Executive Officer | Acquired A | 64,041 | $0.00 | $0 | 183,698 | Direct |