Form 4 Filing for Richard Alex Rankin - Churchill Downs Inc

On April 21, 2026, Richard Alex Rankin, a director at Churchill Downs Inc., was granted 2,257 restricted stock units (RSUs). These RSUs are part of his compensation for director services in 2026 and will vest one year from the grant date. The value of the granted RSUs was determined using the closing price of Churchill Downs Inc. common stock on the grant date. Each RSU is economically equivalent to one share of common stock. The filing also notes that these RSUs do not have a conversion price or expiration date and that the transfer of equivalent shares will occur upon the completion of Mr. Rankin's service as a director. This transaction is reported on a Form 4 filing.