---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-007886"
form_type: "8-K"
ticker: "CPHC"
cik: "0001672909"
company_name: "Canterbury Park Holding Corp"
filed_at: "2025-03-17T23:59:59+00:00"
generated_at: "2026-05-24T15:50:14.008934+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Canterbury Park raises CEO and CFO salaries for 2025; adopts bonus plan with AIFO and revenue targets

## Summary
- CEO salary increased 3% to $337,481; CFO salary increased 5% to $274,135.
- 2025 Bonus Plan performance goals: adjusted income from operations (70%) and consolidated revenue (30%).
- CEO target bonus 45% of base salary; CFO target bonus 35% of base salary.
- Maximum payout 150% of target; no payout if below minimum performance level.

## SEC filing metadata
- accession: 0001437749-25-007886
- form_type: 8-K
- ticker: CPHC
- cik: 0001672909
- company_name: Canterbury Park Holding Corp
- filed_at: 2025-03-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1672909/000143774925007886/0001437749-25-007886-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1672909/000143774925007886/cphc20250317_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-007886
- JSON: https://secwatch.observer/filing/0001437749-25-007886.json
- Plain text: https://secwatch.observer/filing/0001437749-25-007886.txt

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