Form 4: CITY HOLDING CEO Hageboeck Reports Stock Vesting

CITY HOLDING CO's President & CEO, Charles R. Hageboeck, reported the vesting of restricted stock units and an increase in his direct common stock holdings.

Summary

• Charles R. Hageboeck, President & CEO and Director of CITY HOLDING CO (CHCO), acquired 671 shares of common stock on February 24, 2026, at a price of $0.
• These shares were received upon the vesting of restricted stock units and the satisfaction of a two-year holding period.
• Following this transaction, Mr. Hageboeck directly beneficially owns 50,942 shares of common stock.
• Additionally, Mr. Hageboeck indirectly owns 2,134.2807 shares of common stock through the Company's 401(k) Plan & Trust, as of the December 31, 2025 valuation date.
• Remaining restricted stock units (RSUs) include 665, 1,043, 1,627, and 1,347 units, which are scheduled to vest in installments on various dates through March 21, 2028.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive event. While a routine vesting, it increases the CEO's direct ownership, signaling continued alignment with shareholder interests and confidence in the company's long-term prospects.

Positives

• The CEO's direct beneficial ownership of common stock increased by 671 shares, aligning management interests with shareholders.
• The vesting of restricted stock units indicates the fulfillment of performance or service conditions, reflecting continued commitment from the executive.

Future Outlook

The filing indicates future vesting schedules for remaining restricted stock units, with installments scheduled through March 2028, suggesting continued long-term incentive alignment for the CEO.

Industry Context

StockSavvy.ai notes that routine insider transactions, such as RSU vesting, are common in the financial services industry as part of executive compensation packages. These transactions typically reflect pre-determined compensation plans rather than discretionary trading decisions, providing insight into executive ownership but not necessarily immediate strategic shifts.

Stakeholder Impact

• Shareholders: Increased direct ownership by the CEO may be viewed positively as it aligns executive incentives with shareholder value creation.
• Employees: The vesting of RSUs is a standard component of executive compensation, reflecting the company's established incentive structures.

Next Steps

• Future vesting of remaining restricted stock units on scheduled dates, including February 23, 2026, March 21, 2026, February 23, 2027, March 21, 2027, and March 21, 2028.

Key Dates

Keywords

CITY HOLDING CO, CHCO, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Beneficial Ownership, Executive Compensation, Charles R. Hageboeck