Churchill Downs Inc. DEF 14A: Executive Compensation Details
Ticker: CHDN · Form: DEF 14A · Filed: 2025-03-13T00:00:00.000Z
Sentiment: neutral
Topics: executive-compensation, stock-awards, annual-filing
Related Tickers: CHDN
TL;DR
CDI DEF 14A out - exec comp details, stock awards vesting/failed. Check fair value changes.
AI Summary
Churchill Downs Inc. filed a DEF 14A on March 13, 2025, for the fiscal year ending December 31, 2024. The filing details executive compensation, including stock awards granted in prior fiscal years that either failed to meet vesting conditions or satisfied them during the 2024 fiscal year. Specific financial data regarding the fair value of these awards at various points is presented.
Why It Matters
This filing provides transparency into how Churchill Downs Inc. compensates its top executives, which can influence investor perception and corporate governance.
Risk Assessment
Risk Level: low — This is a routine DEF 14A filing detailing executive compensation and is not indicative of immediate financial distress or significant operational changes.
Key Numbers
- 2024 — Fiscal Year End (The filing covers the fiscal year ending December 31, 2024.)
- 20250313 — Filing Date (The DEF 14A was filed on March 13, 2025.)
Key Players & Entities
- Churchill Downs Inc. (company) — Filer of the DEF 14A
- 2024-12-31 (date) — Fiscal year end
- 20250313 (date) — Filing date
FAQ
What is the primary purpose of this DEF 14A filing for Churchill Downs Inc.?
The primary purpose is to provide detailed information regarding the company's executive compensation, including stock awards granted in prior fiscal years and their vesting status.
What fiscal year does this filing pertain to?
This filing pertains to the fiscal year ending December 31, 2024.
When was this DEF 14A filing submitted to the SEC?
The filing was submitted on March 13, 2025.
What specific types of compensation are detailed in the filing regarding prior fiscal year stock awards?
The filing details the fair value of stock awards granted in prior fiscal years that either failed to meet vesting conditions or satisfied them during the fiscal year, as well as the fair value at vesting.
What is the SIC code for Churchill Downs Inc.?
The Standard Industrial Classification (SIC) code for Churchill Downs Inc. is 7948, which corresponds to Racing, Including Track Operation.
From the Filing
0001193125-25-053904.txt : 20250313 0001193125-25-053904.hdr.sgml : 20250313 20250313160543 ACCESSION NUMBER: 0001193125-25-053904 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 60 CONFORMED PERIOD OF REPORT: 20250422 FILED AS OF DATE: 20250313 DATE AS OF CHANGE: 20250313 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Churchill Downs Inc CENTRAL INDEX KEY: 0000020212 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-RACING, INCLUDING TRACK OPERATION [7948] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 610156015 STATE OF INCORPORATION: KY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-33998 FILM NUMBER: 25735733 BUSINESS ADDRESS: STREET 1: 600 N HURSTBOURNE PKWY STREET 2: STE 400 CITY: LOUISVILLE STATE: KY ZIP: 40222-5389 BUSINESS PHONE: 15023941166 MAIL ADDRESS: STREET 1: 600 N HURSTBOURNE PKWY STREET 2: STE 400 CITY: LOUISVILLE STATE: KY ZIP: 40222-5389 FORMER COMPANY: FORMER CONFORMED NAME: CHURCHILL DOWNS Inc DATE OF NAME CHANGE: 20160105 FORMER COMPANY: FORMER CONFORMED NAME: CHURCHILL DOWNS INC DATE OF NAME CHANGE: 19920703 DEF 14A 1 d881652ddef14a.htm DEF 14A DEF 14A Table of Contents DEF 14A false 0000020212 0000020212 2024-01-01 2024-12-31 0000020212 2021-01-01 2021-12-31 0000020212 2020-01-01 2020-12-31 0000020212 2023-01-01 2023-12-31 0000020212 2022-01-01 2022-12-31 0000020212 chdn:FairValueAsOfPriorFiscalYearendOfStockAwardsGrantedInPriorFiscalYearsThatFailedToMeetApplicableVestingConditionsDuringFiscalYearMember ecd:PeoMember 2020-01-01 2020-12-31 0000020212 chdn:ChangeInFairValueAsOfVestingDateOfStockAwardsGrantedInPriorFiscalYearsForWhichApplicableVestingConditionsWereSatisfiedDuringFiscalYearMember ecd:PeoMember 2020-01-01 2020-12-31 0000020212 chdn:ChangeInFairValueAsOfVestingDateOfStockAwardsGrantedInPriorFiscalYearsForWhichApplicableVestingConditionsWereSatisfiedDuringFiscalYearMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000020212 chdn:FairValueAtVestingOfStockAwardsGrantedInFiscalYearThatVestedDuringFiscalYearMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000020212 chdn:FairValueAtVestingOfStockAwardsGrantedInFiscalYearThatVestedDuringFiscalYearMember ecd:PeoMember 2020-01-01 2020-12-31 0000020212 chdn:ChangeInFairValueOfOutstandingAndUnvestedStockAwardsGrantedInPriorFiscalYearsMember ecd:PeoMember 2020-01-01 2020-12-31 0000020212 chdn:ChangeInFairValueOfOutstandingAndUnvestedStockAwardsGrantedInPriorFiscalYearsMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000020212 chdn:FairValueAtFiscalYearendOfOutstandingAndUnvestedStockAwardsGrantedInFiscalYearMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000020212 chdn:FairValueAtFiscalYearendOfOutstandingAndUnvestedStockAwardsGrantedInFiscalYearMember ecd:PeoMember 2020-01-01 2020-12-31 0000020212 chdn:GrantDateFairValueOfStockAwardsGrantedInFiscalYearMember ecd:PeoMember 2020-01-01 2020-12-31 0000020212 chdn:GrantDateFairValueOfStockAwardsGrantedInFiscalYearMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000020212 chdn:FairValueAsOfPriorFiscalYearendOfStockAwardsGrantedInPriorFiscalYearsThatFailedToMeetApplicableVestingConditionsDuringFiscalYearMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000020212 chdn:FairValueAsOfPriorFiscalYearendOfStockAwardsGrantedInPriorFiscalYearsThatFailedToMeetApplicableVestingConditionsDuringFiscalYearMember ecd:PeoMember 2021-01-01 2021-12-31 0000020212 chdn:ChangeInFairValueAsOfVestingDateOfStockAwardsGrantedInPriorFiscalYearsForWhichApplicableVestingConditionsWereSatisfiedDuringFiscalYearMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0000020212 chdn:FairValueAtVestingOfStockAwardsGrantedInFiscalYearThatVestedDuringFiscalYearMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0000020212 chdn:ChangeInFairValueAsOfVestingDateOfStockAwardsGrantedInPriorFiscalYearsForWhichApplicableVestingConditionsWereSatisfiedDuringFiscalYearMember ecd:PeoMember 2021-01-01 2021-12-31 0000020212 chdn:FairValueAtVestingOfStockAwardsGrantedInFiscalYearThatVestedDuringFiscalYearMem