CARSTANJEN WILLIAM C.

PrivateCIK: 1330580
Location

LOUISVILLE, KY

CARSTANJEN WILLIAM C. (Chief Executive Officer) exercised options at CHURCHILL DOWNS INC

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise
InsiderCARSTANJEN WILLIAM C.CIK 1330580
IssuerCHURCHILL DOWNS INCCIK 20212
Officer· Chief Executive Officer
Since Oct 2018
-16.62K
Net shares
Net seller
$1.89M
Total sold
0
Open market trades
0B · 0S
4
Total transactions
26.71K acquired · 43.33K disposed
Non-Derivative Transactions3

Common Stock

Direct
M · Option Exercise

Shares

+26.71K

Price / share

Trade value

% of position

1.6%
12/31/2025
1.68M1.70M

Common Stock

Direct
F · Tax Withholding

Shares

8.50K

Price / share

$113.78

Trade value

$967.59K

% of position

0.5%
12/31/2025
1.70M1.69M

Common Stock

Direct
D · Disposition

Shares

8.11K

Price / share

$113.78

Trade value

$923.10K

% of position

0.5%
12/31/2025
1.69M1.69M
Total

Net shares

+10.09K

Net value

-$1.89M

Derivative Transactions1

Restricted Stock Units

Direct
M · Option Exercise
Converts to

Common Stock

26.71K shares

Shares

26.71K

Strike price

Held after

119.66K

Exercisable

12/31/2025
CARSTANJEN WILLIAM C. — Insider Transaction (Form 4) Filed Jan 5, 2026 | Finecho