Bradley K. Blackwell - 05 Feb 2026 Form 4 Insider Report for Churchill Downs Inc (CHDN)

Role: EVP, General Counsel
Signature: Paula Chumbley, Attorney-In-Fact for Bradley K. Blackwell
Issuer symbol: CHDN
Transactions as of: 05 Feb 2026
Net transactions value: -$171,921
Form type: 4
Filing time: 09 Feb 2026, 16:08:35 UTC
Previous filing: 05 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Blackwell Bradley K.	EVP, General Counsel	600 N. HURSTBOURNE PARKWAY, S-400, LOUISVILLE	Paula Chumbley, Attorney-In-Fact for Bradley K. Blackwell	09 Feb 2026	0001942127

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CHDN	Common Stock	Award	$0	+6,104	+23%	$0.000000	32,769	05 Feb 2026	Direct	F1
transaction	CHDN	Common Stock	Tax liability	$171,921	-1,835	-5.6%	$93.69	30,934	05 Feb 2026	Direct

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	Award	$0	+9,075	+149%	$0.000000	15,164	05 Feb 2026	Common Stock	9,075		Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	Represents the settlement of performance share units with respect to the performance period January 1, 2023 to December 31, 2025.
F2	Restricted stock units do not have a conversion price or expiration date and will be settled in common stock vesting in one-third increments on each of December 31, 2026, December 31, 2027 and December 31, 2028.
F3	Restricted stock vests over a multi-year period.