Form 4: Canterbury Park CEO Gifts 300 Shares

Canterbury Park Holding Corp's President and CEO, Randall D. Sampson, reported a gift of 300 common shares, adjusting his direct and indirect beneficial ownership.

Summary

• Randall D. Sampson, President & CEO, Director, and 10% Owner of Canterbury Park Holding Corp (CPHC), disposed of 300 shares of common stock.
• The transaction occurred on December 31, 2025, and was executed as a bona fide gift at a price of $0 per share.
• Following this transaction, Mr. Sampson's direct beneficial ownership stands at 303,822 shares.
• His indirect beneficial ownership includes 5,012 shares via a 401(k) Plan, 34,173 shares via the Randall D. Sampson GST Trust, and 667,387 shares via Sampson Family Real Estate Holdings, LLC.
• The Randall D. Sampson GST Trust's beneficiaries are his grandchildren, and Mr. Sampson is the trustee.
• Sampson Family Real Estate Holdings, LLC (SFREH) is managed solely by Mr. Sampson, and its members include other family trusts, with Mr. Sampson disclaiming beneficial ownership where he lacks pecuniary interest.

Sentiment

Score: 5

Explanation: The sentiment is neutral. A gift of shares is a routine insider transaction, typically for estate planning, and does not reflect positively or negatively on the company's operational performance or future prospects. The number of shares is also very small relative to total holdings.

Positives

• The transaction is a gift, which can be part of effective estate planning for the reporting person.

Negatives

• A slight reduction in direct beneficial ownership for the CEO, though the amount is minor relative to total holdings.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Industry Context

This Form 4 filing reports an insider transaction (a gift of shares) by a key executive and significant shareholder. Such transactions are routine disclosures required by the SEC and do not typically reflect broader industry trends or competitive dynamics. They are primarily relevant for understanding insider holdings and potential estate planning activities.

Related Party Transactions

• Shares are indirectly held by family trusts (Randall D. Sampson GST Trust, Marian Arlis Sampson 2012 Family Irrevocable Trust, Curtis A. Sampson Family Trust) and Sampson Family Real Estate Holdings, LLC, all of which are considered related parties due to Mr. Sampson's role as trustee, manager, or beneficiary.

Stakeholder Impact

• Shareholders: Minimal direct impact due to the small number of shares involved (300 shares). The overall beneficial ownership structure remains largely stable, with a slight shift from direct to potentially indirect family holdings.
• Employees, Customers, Suppliers, Creditors: No discernible impact on these stakeholders as the filing pertains solely to an insider's personal stock transaction.

Key Dates

Keywords

Canterbury Park Holding Corp, CPHC, Randall D. Sampson, Form 4, Insider Transaction, Stock Gift, Beneficial Ownership, CEO, Director, 10% Owner