other material
confidence high
sentiment neutral
materiality 0.30
Canterbury Park adopts clawback policy for executive compensation to comply with SEC Rule 10D-1
Canterbury Park Holding Corp
- Board approved Compensation Recoupment Policy effective October 2, 2023.
- Policy requires recovery of erroneously awarded incentive-based compensation from current/former executive officers upon accounting restatement.
- Recoupment covers compensation received during three completed fiscal years preceding a restatement.
- No indemnification for recovered amounts; policy administered by Compensation Committee.