Form 4: City Holding Co Executive Acquires Shares Through Performance Share Unit Vesting

John A. Derito, EVP of Commercial Banking at City Holding Co, acquired 2,590 shares of common stock due to the vesting of performance share units.

Summary

• John A. Derito, an EVP at City Holding Co, acquired 2,590 shares of common stock on February 27, 2025.
• The acquisition was a result of the satisfaction of performance criteria related to performance share units.
• Derito received the shares for no consideration ($0).
• Following the transaction, Derito directly owns 32,045 shares of City Holding Co.
• Derito also holds multiple restricted stock units (RSUs) that are scheduled to vest in tranches over the coming years.

Sentiment

Score: 6

Explanation: The document is a standard regulatory filing detailing an executive's stock acquisition. The sentiment is neutral, with a slight positive leaning due to the vesting of performance share units suggesting the achievement of performance goals.

Positives

• The vesting of performance share units suggests that performance criteria were met, which could be viewed positively.

Future Outlook

The document outlines the vesting schedule for restricted stock units, indicating future potential equity awards for the reporting person.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into insider transactions, allowing investors to monitor the buying and selling activity of company executives and directors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding executive compensation and ownership.

Key Dates