Form 4: City Holding Co Director Kayser C Dallas Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Kayser C Dallas reports acquiring 321 shares of City Holding Co common stock on February 28, 2024, and indirect ownership of 387.5223 shares through a spouse.
Summary
- On February 28, 2024, Kayser C Dallas, a director of City Holding Co, acquired 321 shares of common stock.
- The acquisition was a direct transaction.
- The price per share for the stock award was determined to be $99.52, based on the closing price of the common stock on the date of the grant.
- Following the transaction, Dallas directly owns 25,420.853 shares of common stock.
- Dallas also indirectly owns 387.5223 shares through a spouse, Lee Anne, which includes 1.116734 shares acquired through a dividend reinvestment plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard disclosure of stock acquisition by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.
Positives
- A director's acquisition of company stock can be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company directors and officers, which can be informative for investors.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment if viewed as a sign of confidence by a company insider.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of the transaction where Kayser C Dallas acquired 321 shares of common stock. |
| 02/29/2024 | Date of signature for the report by Victoria A. Faw, attorney-in-fact. |
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