William E. Mudd - 31 Dec 2023 Form 4 Insider Report for Churchill Downs Inc (CHDN)

Role: President and COO
Signature: Paula Chumbley Attorney-in-Fact for William E. Mudd
Issuer symbol: CHDN
Transactions as of: 31 Dec 2023
Net transactions value: -$819,835
Form type: 4
Filing time: 03 Jan 2024, 16:41:26 UTC
Previous filing: 01 Nov 2023
Next filing: 12 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CHDN	Common Stock	Options Exercise	$0	+13,192	+2.2%	$0.000000	617,216	31 Dec 2023	Direct
transaction	CHDN	Common Stock	Tax liability	$819,835	-6,076	-0.98%	$134.93	611,140	31 Dec 2023	Direct	F1

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	-13,192	-6.1%	$0.000000	202,392	31 Dec 2023	Common Stock	13,192		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Based on closing price of common stock on December 29, 2023.
F2	Restricted stock units do not have a conversion price or expiration date.
F3	Restricted stock vests over a multi-year period.