---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-007369"
form_type: "8-K"
ticker: "CPHC"
cik: "0001672909"
company_name: "Canterbury Park Holding Corp"
filed_at: "2023-03-21T23:59:59+00:00"
generated_at: "2026-06-17T22:18:58.703766+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Canterbury Park raises CEO base salary 4% to $315,050, CFO to $252,252, adopts 2023 bonus plan with AIFO/revenue goals.

## Summary
- CEO Randall Sampson annual base salary increased 4% to $315,050 for 2023.
- CFO Randy Dehmer annual base salary increased 4% to $252,252 for 2023.
- 2023 bonus plan weighted 70% on adjusted income from operations and 30% on revenue; max payout 150% of target.
- Target bonus as % of salary: CEO 45%, CFO 35%; no payout if minimum performance not met.

## SEC filing metadata
- accession: 0001437749-23-007369
- form_type: 8-K
- ticker: CPHC
- cik: 0001672909
- company_name: Canterbury Park Holding Corp
- filed_at: 2023-03-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1672909/000143774923007369/0001437749-23-007369-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1672909/000143774923007369/cphc20230321_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-007369
- JSON: https://secwatch.observer/filing/0001437749-23-007369.json
- Plain text: https://secwatch.observer/filing/0001437749-23-007369.txt

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