{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-22-006898","form_type":"8-K","ticker":"CPHC","cik":"0001672909","company_name":"Canterbury Park Holding Corp","filed_at":"2022-03-22T23:59:59+00:00","discovered_at":"2026-05-14T18:04:07.745786+00:00","generated_at":"2026-06-26T21:01:47.485924+00:00","sec_items":["5.02","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Canterbury Park raises CEO and CFO salaries 10% and 5%; adopts 2022 bonus plan and new severance agreements","bullets":["CEO Randall Sampson base salary increased to $275,393 (+10%); CFO Randy Dehmer to $220,500 (+5%) for 2022.","2022 Annual Bonus Plan ties payouts 70% to adjusted income from operations and 30% to revenue; target bonus for CEO 35%, CFO 25% of salary.","New severance agreements provide 6 months base salary and COBRA on non-CIC termination without cause; double-trigger CIC severance equals 100% of base salary + target bonus.","Change-in-control provision includes full vesting of equity awards (excluding performance-based) immediately prior to CIC.","Agreements require execution of general release and compliance with restrictive covenants; subject to 409A and excise tax adjustments."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-22-006898","json":"https://secwatch.observer/filing/0001437749-22-006898.json","markdown":"https://secwatch.observer/filing/0001437749-22-006898.md","text":"https://secwatch.observer/filing/0001437749-22-006898.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1672909/000143774922006898/0001437749-22-006898-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1672909/000143774922006898/cphc20220322_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T21:01:47.485924+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}