---
schema_version: "secwatch.filing_event.v1"
accession: "0000020212-23-000078"
form_type: "8-K"
ticker: "CHDN"
cik: "0000020212"
company_name: "Churchill Downs Inc"
filed_at: "2023-04-25T23:59:59+00:00"
generated_at: "2026-06-16T17:03:15.241932+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Churchill Downs Board approves 2-for-1 stock split; trading begins May 22

## Summary
- Stock split effective at close of business on May 19, 2023; record date May 5, 2023.
- Authorized common shares increased from 150M to 300M via amendment filed April 25, 2023.
- No shareholder vote required under Kentucky law; board acted at regular meeting.
- Shares will begin trading at split-adjusted price on May 22, 2023.

## SEC filing metadata
- accession: 0000020212-23-000078
- form_type: 8-K
- ticker: CHDN
- cik: 0000020212
- company_name: Churchill Downs Inc
- filed_at: 2023-04-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/20212/000002021223000078/0000020212-23-000078-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/20212/000002021223000078/chdn-20230425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000020212-23-000078
- JSON: https://secwatch.observer/filing/0000020212-23-000078.json
- Plain text: https://secwatch.observer/filing/0000020212-23-000078.txt

## Key facts
- Governance Changes
  Churchill Downs Inc: Amendment to Articles of Incorporation to effect a two-for-one stock split and increase authorized shares from 150 million to 300 million (effective 2023-05-19).
  - Change: charter amendment
  - Effective: 2023-05-19
  source text: On April 25, 2023, Churchill Downs Incorporated (the “Company”) filed an amendment (the “Amendment”) to the Company’s Amended and Restated Articles of Incorporation with the Secretary of State of the Commonwealth of Kentucky to effect a two-for-one split (the “Stock Split”) of the shares of the Company’s common stock, no par value (“Common Stock”), which was approved at the Company's regularly scheduled Board of Directors meeting on April 25, 2023. Pursuant to the Amendment, which becomes effective at the close of business on May 19, 2023 (the “Effective Date”), the Company’s authorized shares of common stock increase from 150,000,000 to 300,000,000 shares.
  evidence_url: https://www.sec.gov/Archives/edgar/data/20212/000002021223000078/0000020212-23-000078-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.