Form 4: City Holding Co Director Rowe Sells 470 Shares
SEC Form 4
Director Sharon H. Rowe sold 470 shares of City Holding Co (CHCO) on November 7, 2024, at a price of $128.6477 per share.
Summary
- On November 7, 2024, Sharon H. Rowe, a director of City Holding Co (CHCO), sold 470 shares of common stock.
- The transaction was executed at a price of $128.6477 per share.
- Following the sale, Rowe directly owns 11,045 shares of City Holding Co.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders (officers, directors, or any individuals owning more than 10% of a company's shares) buy or sell the company's stock. These filings are intended to provide transparency into insider transactions and prevent insider trading.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by shareholders if they interpret it as a lack of confidence in the company's future prospects, although this is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 11/07/2024 | Date of transaction: Sharon H. Rowe sold 470 shares of City Holding Co. |
| 11/12/2024 | Date of signature by attorney-in-fact Victoria A. Faw. |
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