4/A: City Holding Co Director Corrects Ownership Details After Share Sale

A City Holding Co director, Charles W. Fairchilds, amended a previous filing to correct the ownership details of shares sold on November 5, 2024.

Summary

• Charles W. Fairchilds, a director at City Holding Co, filed an amendment to a previous Form 4.
• The amendment corrects the ownership details of 500 shares sold on November 5, 2024.
• The shares were incorrectly reported as being sold from the director's direct holdings.
• The shares were actually sold from the director's SEP IRA.
• The corrected filing shows 300 shares sold at $117.50 and 200 shares sold at $117.25 from the SEP IRA.
• The director's direct holdings are now reported as 8,174.4102 shares.

Sentiment

Score: 7

Explanation: The document is a routine correction of a previous filing, indicating no significant positive or negative sentiment. It reflects standard compliance procedures.

Industry Context

This is a routine filing related to insider trading and is common for directors of publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders.
• The correction of the ownership source is not unusual and is a normal part of compliance.

Stakeholder Impact

• The correction of the filing ensures transparency for shareholders.

Key Dates

Keywords

insider trading, SEC Form 4, beneficial ownership, share sale, director, City Holding Co, CHCO, SEP IRA