Churchill Downs Inc — Director's Dealing 2025

Apr 25, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Churchill Downs Inc (CHDN)
CIK: 0000020212
Period of Report: 2025-04-24

Reporting Person: VARGA PAUL C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-04-24	Common Stock	A	2329.81	—	Acquired	31260.05	Direct

Footnotes

F1: Restricted stock units granted in connection with 2025 director service which will vest one year from the anniversary of the grant date. Each restricted stock unit is the economic equivalent of one share of common stock. The closing price of CHDN common stock on April 24, 2025, was used to determine the amount of restricted stock granted.

F2: Restricted stock units do not have a conversion price or expiration date.

F3: Includes restricted stock units granted for service as a director and dividends awarded for such units. The equivalent shares of common stock related to the vested restricted stock units will be transferred upon the reporting person's completion of service as a director.