CHDN

Phantom share units awarded in connection with the election to defer compensation. Each phantom share unit is the economic equivalent of one share of common stock. The shares of common stock are transferred upon the reporting person's completion of service as a director.

The closing price of CHDN common stock on June 30, 2026, was used to determine the number of phantom shares awarded.

The holding is comprised of restricted stock units granted for service as a director, phantom share units granted in connection with deferred compensation elections and dividends awarded for each unit.

Restricted stock units granted in connection with 2026 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 21, 2026, was used to determine the number of restricted stock units granted.

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

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 units will be transferred upon the reporting person's completion of service as a director.

Restricted stock granted in connection with 2026 director service which will vest one year from the anniversary of the grant date. The restrictions on the restricted stock will lapse upon vesting. The closing price of CHDN common stock on April 21, 2026, was used to determine the amount of restricted stock granted.

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

Includes restricted stock and restricted stock units granted for service as a director and dividends awarded. 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.

Restricted stock units granted in connection with 2026 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 21, 2026, was used to determine the number of restricted stock units granted.

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

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 units will be transferred upon the reporting person's completion of service as a director.

Restricted stock units granted in connection with 2026 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 21, 2026, was used to determine the amount of restricted stock units granted.

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

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.

Restricted stock granted in connection with 2026 director service which will vest one year from the anniversary of the grant date. The restrictions on the restricted stock will lapse upon vesting. The closing price of CHDN common stock on April 21, 2026, was used to determine the amount of restricted stock granted.

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

Includes restricted stock and restricted stock units granted for service as a director and dividends awarded. 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.

Restricted stock units granted in connection with 2026 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 21, 2026, was used to determine the number of restricted stock units granted.

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

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 units will be transferred upon the reporting person's completion of service as a director.

Phantom share units awarded in connection with the election to defer compensation. Each phantom share unit is the economic equivalent of one share of common stock. The shares of common stock are transferred upon the reporting person's completion of service as a director.

The closing price of CHDN common stock on March 31, 2026, was used to determine the number of phantom shares awarded.

The holding is comprised of restricted stock units granted for service as a director, phantom share units granted in connection with deferred compensation elections and dividends awarded for each unit.

Restricted stock units do not have a conversion price or expiration date and will be settled in common stock vesting in one-third increments on each of December 31, 2026, December 31, 2027 and December 31, 2028.

Restricted stock units vest over a multi-year period.

Restricted stock units do not have a conversion price or expiration date and will be settled in common stock vesting in one-third increments on each of December 31, 2026, December 31, 2027 and December 31, 2028.

Restricted stock units vest over a multi-year period.

Represents the settlement of performance share units with respect to the performance period January 1, 2023 to December 31, 2025.

Restricted stock units do not have a conversion price or expiration date and will be settled in common stock vesting in one-third increments on each of December 31, 2026, December 31, 2027 and December 31, 2028.

Restricted stock vests over a multi-year period.

Restricted stock units do not have a conversion price or expiration date and will be settled in common stock vesting in one-third increments on each of December 31, 2026, December 31, 2027 and December 31, 2028.

Restricted stock vests over a multi-year period.

Restricted stock units do not have a conversion price or expiration date and will be settled in common stock vesting in one-third increments on each of December 31, 2026, December 31, 2027 and December 31, 2028.

Restricted stock vests over a multi-year period.

Represents the cash settlement of performance share units with respect to the performance period January 1, 2023 to December 31, 2025.

Represents the settlement of performance share units with respect to the performance period January 1, 2023 to December 31, 2025.

Represents the cash settlement of performance share units with respect to the performance period January 1, 2023 to December 31, 2025.

Restricted stock units do not have a conversion price or expiration date and will be settled in common stock vesting in one-third increments on each of December 31, 2026, December 31, 2027 and December 31, 2028.

Restricted stock vests over a multi-year period.

Dividends granted in the form of restricted stock units and phantom share units. Each restricted stock unit and phantom share unit is the economic equivalent of one share of common stock. The underlying shares of common stock are transferred upon the reporting person's completion of service as a director.

Dividends granted in the form of restricted stock units. Each restricted stock unit is the economic equivalent of one share of common stock. The underlying shares of common stock are transferred upon the reporting person's completion of service as a director.

Dividends granted in the form of restricted stock units. Each restricted stock unit is the economic equivalent of one share of common stock. The underlying shares of common stock are transferred upon the reporting person's completion of service as a director.

Dividends granted in the form of restricted stock units and phantom share units. Each restricted stock unit and phantom share unit is the economic equivalent of one share of common stock. The underlying shares of common stock are transferred upon the reporting person's completion of service as a director.

Dividends granted in the form of restricted stock units and restricted shares. Each restricted stock unit is the economic equivalent of one share of common stock. The underlying shares of common stock are transferred upon the reporting person's completion of service as a director.

Dividends granted in the form of restricted stock units and phantom share units. Each restricted stock unit and phantom share unit is the economic equivalent of one share of common stock. The underlying shares of common stock are transferred upon the reporting person's completion of service as a director.

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

Restricted stock vests over a multi-year period.

The reporting person is voluntarily reporting the acquisition of 178 shares acquired under the Churchill Downs Incorporated Employee Stock Purchase Plan (the "ESPP") for the period August 1, 2024 through July 31, 2025.

The reporting person is voluntarily reporting the acquisition of 178 shares acquired under the Churchill Downs Incorporated Employee Stock Purchase Plan (the "ESPP") for the period August 1, 2024 through July 31, 2025.

Based on the closing price of common stock on December 31, 2025.

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

Restricted stock vests over a multi-year period.

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

Restricted stock vests over a multi-year period.

Based on the closing price of common stock on December 31, 2025.

Based on the closing price of common stock on December 31, 2025.

Based on the closing price of common stock on December 31, 2025.

The reporting person is voluntarily reporting the acquisition of 178 shares acquired under the Churchill Downs Incorporated Employee Stock Purchase Plan (the "ESPP") for the period August 1, 2024 through July 31, 2025, and 211 shares from the ESPP for the period August 1, 2023 through July 31, 2024.

Based on the closing price of common stock on December 31, 2025.

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

Restricted stock units vest over a multi-year period.

Phantom share units awarded in connection with the election to defer compensation. Each phantom share unit is the economic equivalent of one share of common stock. The shares of common stock are transferred upon the reporting person's completion of service as a director.

The closing price of CHDN common stock on December 31, 2025, was used to determine the number of phantom shares awarded.

The holding is comprised of restricted stock units granted for service as a director, phantom share units granted in connection with deferred compensation elections and dividends awarded for each unit.

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

Restricted stock vests over a multi-year period.

The shares reported in this transaction represent a gift to a charitable organization.