Form 4: City Holding Co. Exec Reports Stock Transactions
Insider Transaction Report
Charles R. Hageboeck, President & CEO and Director of City Holding Co., reported transactions involving common stock and restricted stock units.
Summary
- Charles R. Hageboeck, President & CEO and Director of City Holding Co. (CHCO), filed a Form 4 detailing stock transactions.
- On April 28, 2026, Hageboeck acquired 5,855 shares of common stock at a price of $125.3014 per share.
- Following this transaction, Hageboeck directly beneficially owns 50,341 shares of common stock.
- Additionally, Hageboeck has indirect beneficial ownership of 2,134.2807 shares through a 401(k) Plan and Trust.
- The filing also details several grants of restricted stock units (RSUs) with various vesting schedules extending into 2029.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports routine insider transactions and stock unit grants without significant positive or negative financial disclosures.
Positives
- Acquisition of 5,855 shares of common stock by a key executive, indicating potential confidence in the company.
- Significant direct beneficial ownership of 50,341 shares by the President & CEO.
- Continued indirect ownership through a 401(k) Plan and Trust, showing long-term investment.
Risks
- Vesting schedules for restricted stock units extend several years into the future, meaning the full benefit is not immediate.
- The filing does not provide context for the acquisition, such as whether it was an open market purchase or part of a compensation plan.
Future Outlook
The filing details multiple grants of restricted stock units with vesting dates extending up to February 25, 2029, indicating a long-term incentive structure for management.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions in publicly traded companies, providing transparency into executive and director stock holdings and activities.
Stakeholder Impact
- Shareholders gain insight into the stock transactions of a key executive, potentially influencing their perception of insider confidence.
- Employees may view the restricted stock unit grants as a sign of long-term commitment and incentive for management.
Key Dates
| Date | Description |
|---|---|
| 04/28/2026 | Transaction Date for acquisition of common stock. |
| 02/23/2023 | First vesting date for a portion of restricted stock units. |
| 02/22/2024 | First vesting date for a portion of restricted stock units. |
| 02/23/2024 | Second vesting date for a portion of restricted stock units. |
| 02/23/2025 | Third vesting date for a portion of restricted stock units. |
| 02/22/2025 | Second vesting date for a portion of restricted stock units. |
| 02/23/2026 | Third vesting date for a portion of restricted stock units. |
| 03/21/2026 | First vesting date for a portion of restricted stock units. |
| 02/25/2027 | First vesting date for a portion of restricted stock units. |
| 03/21/2027 | Second vesting date for a portion of restricted stock units. |
| 02/25/2028 | Second vesting date for a portion of restricted stock units. |
| 03/21/2028 | Third vesting date for a portion of restricted stock units. |
| 02/25/2029 | Third vesting date for a portion of restricted stock units. |
| 04/28/2026 | Earliest transaction date reported. |
| 04/29/2026 | Date of signature on the filing. |
Keywords
Form 4, SEC Filing, City Holding Co., CHCO, Charles R. Hageboeck, Stock Transaction, Common Stock, Restricted Stock Units, Beneficial Ownership, Insider Trading
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