Churchill Downs CHDN Insider Ownership

NASDAQ CHDN

$83.51 +0.72 (+0.87%)

As of: Oct 22, 2026 · 1:13 PM EDT

Insider Holdings by Owner

3.20Mn Shares

Insider Ownership Statistics

as of 30 Sep, 2026

Insider Ownership

5.96%

▲+0.0006% pp QoQ

Shares Held by Insiders

4.17Mn

filed for Sep 2026

▲+0.01% QoQ

Shares Outstanding

70.00Mn

70,000,000 shares

Direct Holdings

3.02Mn

Indirect: 1.15Mn

Net Shares Traded (QoQ)

+455

net buying in Sep 2026

Insiders Holding Shares

with Form 4 holdings on file

Shares Owned by Insiders

Shares held % of outstanding

Latest —

Average ownership —

Peak ownership —

Shares Purchased/Sold by Insiders

Bought Sold

Latest quarter —

Net over range —

Buying quarters —

Insider Ownership Summary

Updated Oct 10, 2026

Over the past year, CHDN insiders did not buy or sell the stock on the open market.

In transactions other than open-market trades, Churchill Downs insiders received 77.38K shares in stock awards, acquired 301.37K shares through option exercises and conversions, gave up 134.91K shares to cover taxes or exercise prices and gave away 18.53K shares as gifts over the past 12 months.
Per Business Quant data, Churchill Downs insiders hold 4.17Mn shares in total based on their latest Form 4 filings, up 0.01% from 4.17Mn shares at the end of Q2 2026 and up 1.14% from 4.12Mn shares at the end of Q3 2025.
Of the 4.17Mn shares held by Churchill Downs insiders, 3.02Mn shares (72.53%) are held directly and 1.15Mn shares (27.47%) indirectly, through trusts, partnerships, family members and other entities.
Business Quant counts 12 insiders with holdings in Churchill Downs stock, among the officers, directors and 10% owners who have filed a Form 4 in the past two years.
Churchill Downs' top three insider holders by shares held are William C. Carstanjen (Chief Executive Officer, 1.69Mn shares), Daniel P. Harrington (Director, 1.27Mn shares) and William E. Mudd (President and COO, 732.07K shares).
William C. Carstanjen holds 40.43% of the combined insider position in Churchill Downs.
Institutional holders reported 85.47% of Churchill Downs' outstanding shares for Q2 2026; insiders' latest Form 4 filings put their stake at about 5.96%, and other investors, including the public, hold the remaining 8.57%.
A total of 31 Form 4 filings with transactions in Churchill Downs stock were made over the past 12 months, by 11 insiders.
The insider holdings and trades above for Churchill Downs reflect Form 4 filings through October 2, 2026.

Form 4 Holdings

Insiders Holding CHDN

Insiders 14

Shares held 3.20Mn

Of outstanding 4.57%

#	Insider	Position	Direct	Total	Share of Insiders	Last Filed
1	William C. Carstanjen	Chief Executive Officer	1,685,609	1,685,609	52.7%	09 Feb, 2026
2	William E. Mudd	President And Coo	732,067	732,067	22.9%	09 Feb, 2026
3	Marcia A Dall	Evp, And Cfo	153,843	153,843	4.8%	09 Feb, 2026
4	Daniel P Harrington	Director	126,086	126,086	3.9%	23 Apr, 2026
5	Robert L Fealy	Director	119,942	119,942	3.8%	25 Apr, 2024
6	Richard Alex Rankin	Director	101,468	101,468	3.2%	23 Apr, 2026
7	Ulysses L Jr Bridgeman	Director	51,771	51,771	1.6%	06 Jan, 2025
8	Austin W. Miller	Svp, Gaming Operations	51,448	51,448	1.6%	14 Feb, 2022
9	Douglas C Grissom	Director	43,460	43,460	1.4%	02 Oct, 2026
10	Karole Lloyd	Director	40,317	40,317	1.3%	23 Apr, 2026
11	Paul C Varga	Director	35,557	35,557	1.1%	23 Apr, 2026
12	Bradley K. Blackwell	Evp, General Counsel	30,934	30,934	1.0%	09 Feb, 2026
13	Maureen Adams	Evp, Gaming Operations	15,121	15,121	0.5%	05 Jan, 2026
14	Andrea M Carter	Director	7,958	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.

Form 4 Filings

1,627 Insider Transactions

Source SEC Form 4

Latest quarter Sep 2026

Date	Insider	Position	Transaction	Shares	Price	Value	Shares Held After	Ownership
30 Sep, 2026	Douglas C Grissom	Director	Acquired A	454	$0.00	$0	43,460	Direct
30 Jun, 2026	Douglas C Grissom	Director	Acquired A	383	$0.00	$0	43,006	Direct
21 Apr, 2026	Douglas C Grissom	Director	Acquired A	2,257	$0.00	$0	42,622	Direct
21 Apr, 2026	Andrea M Carter	Director	Acquired A	2,257	$0.00	$0	7,958	Direct
21 Apr, 2026	Richard Alex Rankin	Director	Acquired A	2,257	$0.00	$0	101,468	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	Karole Lloyd	Director	Acquired A	2,257	$0.00	$0	40,317	Direct
31 Mar, 2026	Douglas C Grissom	Director	Acquired A	383	$0.00	$0	40,365	Direct
19 Mar, 2026	Marcia A Dall	Evp, And Cfo	Acquired A	1,449	$0.00	$0	33,701	Direct
19 Mar, 2026	William E. Mudd	President And Coo	Acquired A	1,449	$0.00	$0	37,679	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	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	Acquired A	12,207	$0.00	$0	157,787	Direct
05 Feb, 2026	William E. Mudd	President And Coo	Disposed D	16,648	$93.69	$1.56Mn	732,067	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 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	William C. Carstanjen	Chief Executive Officer	Acquired A	64,041	$0.00	$0	183,698	Direct

Showing 1 to 20 of 1,627 transactions