Form 4: Canterbury Park Holding Corp CFO Randy J. Dehmer Reports Stock Transaction
SEC Form 4 Filing
Randy J. Dehmer, CFO of Canterbury Park Holding Corp, reports disposition of shares to cover tax obligations related to vesting of a prior deferred stock grant.
Summary
- On February 14, 2025, Randy J. Dehmer, the Chief Financial Officer of Canterbury Park Holding Corp, disposed of 215 shares of common stock to satisfy tax withholding obligations.
- The shares were withheld by the company at a price of $20.8 per share.
- Following the transaction, Dehmer directly owns 16,959 shares of common stock and indirectly owns 2,358 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard Form 4 filing, indicating a routine transaction. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations. It's common for executives to have shares withheld to cover taxes upon vesting of stock grants.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares disposed of by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of stock transaction |
| 03/12/2025 | Date of signature |
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