Form 4: City Holding Co Director Acquires Additional Shares Under 10b5-1 Plan

Director Tracy W. Hylton II purchased 121 shares of City Holding Co (CHCO) at $101.0338 per share under a pre-arranged 10b5-1 trading plan.

Summary

• On February 27, 2024, Tracy W. Hylton II, a director of City Holding Co (CHCO), acquired 121 shares of common stock at a price of $101.0338 per share.
• The purchase was executed under a pre-arranged Rule 10b5-1 trading plan.
• Following the transaction, Hylton directly owns 59,324.3349 shares, which includes 94.9677 shares acquired through a dividend reinvestment plan.
• Hylton also indirectly owns 1,586 shares as custodian for his daughter, Traci Jo Hylton, under the Uniform Gifts to Minors Act (UWVUGMA).
• Additionally, Hylton's daughter, Traci Jo Hylton, directly owns 3,800 shares.
• Hylton also indirectly owns 4,500 shares as custodian for Morgan T. Hylton under the UWVUGMA.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The director's purchase is a positive sign, but it's part of a pre-arranged plan, so it's not a strong signal.

Positives

• The director's purchase of shares may signal confidence in the company's future prospects.

Industry Context

Insider transactions are closely monitored by investors as they can provide insights into a company's prospects. Purchases by directors are often seen as a positive sign.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholder sentiment.

Key Dates