Form 4: City Holding Co Director Burton Acquires Shares Through Stock Award
SEC Form 4 Filing
Gregory A. Burton, a director at City Holding Co, acquired 321 shares of common stock through a stock award on February 28, 2024.
Summary
- On February 28, 2024, Gregory A. Burton, a director of City Holding Co, acquired 321 shares of common stock.
- The acquisition was a stock award.
- The price was $0.
- Following the transaction, Burton directly owns 1,590 shares of City Holding Co.
- The fair market value of the company's closing price of common stock on 2/28/2024 was $99.52.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard regulatory filing regarding stock ownership.
Positives
- The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's stock.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment due to the director's increased stake in the company.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of the transaction (stock award acquisition) |
| 02/29/2024 | Date of signature on the Form 4 filing |
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