Form 4: City Holding Co Director Robert D Fisher Acquires Shares Under 10b5-1 Plan
SEC Form 4 Filing
Director Robert D Fisher purchased 191 shares of City Holding Co (CHCO) at $119.85 per share under a Rule 10b5-1 trading plan, increasing his total holdings to 44,856.9163 shares.
Summary
- On March 25, 2025, Robert D Fisher, a director of City Holding Co (CHCO), acquired 191 shares of common stock at a price of $119.85 per share.
- The purchase was made under a pre-arranged Rule 10b5-1 trading plan.
- Following the transaction, Fisher's total beneficial ownership of CHCO common stock increased to 44,856.9163 shares, which includes 216.99273 shares acquired through a dividend reinvestment plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction under a pre-arranged plan, indicating neither strong optimism nor pessimism.
Positives
- The purchase demonstrates the director's confidence in the company.
- The use of a 10b5-1 plan suggests a planned and transparent approach to trading.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders (officers, directors, and beneficial owners) of a publicly traded company buy or sell the company's securities. These filings provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The transaction may have a slightly positive impact on shareholders as it signals insider confidence.
- The purchase is unlikely to have a significant impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 03/25/2025 | Date of the transaction: purchase of 191 shares of common stock. |
Keywords
Form 4, City Holding Co, CHCO, Robert D Fisher, Director, Share Purchase, Rule 10b5-1 Plan, Beneficial Ownership, Dividend Reinvestment Plan
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