---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-007801"
form_type: "8-K"
ticker: "CPHC"
cik: "0001672909"
company_name: "Canterbury Park Holding Corp"
filed_at: "2024-03-14T23:59:59+00:00"
generated_at: "2026-06-04T19:46:38.290593+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 and CFO 2024 base salaries, adopts annual bonus plan

## Summary
- CEO Randall Sampson's base salary increased 4% to $327,652; CFO Randy Dehmer's up 3.5% to $261,081.
- 2024 bonus plan uses two performance goals: adjusted income from operations (70%) and revenue (30%).
- CEO target bonus 45% of salary; CFO target bonus 35% of salary; max payout 150% of target.
- No payout if minimum performance thresholds are not met for both metrics.
- Plan awards cash incentive awards to eligible employees including named executive officers.

## SEC filing metadata
- accession: 0001437749-24-007801
- form_type: 8-K
- ticker: CPHC
- cik: 0001672909
- company_name: Canterbury Park Holding Corp
- filed_at: 2024-03-14T23:59:59+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/1672909/000143774924007801/0001437749-24-007801-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1672909/000143774924007801/cphc20240314_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-007801
- JSON: https://secwatch.observer/filing/0001437749-24-007801.json
- Plain text: https://secwatch.observer/filing/0001437749-24-007801.txt

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