Form 4: City Holding Co. Executive VP Quinlan Reports Stock Transaction
SEC Form 4 Filing
Michael T. Quinlan Jr., EVP of Retail Banking at City Holding Co., reports the acquisition and disposal of company stock and restricted stock units.
Summary
- On May 1, 2025, Michael T. Quinlan Jr., EVP of Retail Banking at City Holding Co. (CHCO), reported a transaction involving the company's stock.
- Quinlan disposed of 1,400 shares of common stock at a price of $116.2245 per share.
- Following the transaction, Quinlan directly owns 2,830 shares of common stock.
- Quinlan also indirectly owns 2,313.0052 shares through a 401(k) Plan and Trust.
- The report also details Quinlan's holdings of restricted stock units (RSUs) which will vest over several years, representing the right to receive common stock.
- These RSUs were granted at a price of $0 and vest in one-third increments on various dates in February and March of each year from 2022 to 2028.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing. The sentiment is neutral as it simply reports transactions.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which is crucial for maintaining market integrity and investor confidence.
Stakeholder Impact
- Shareholders can use this information to understand insider sentiment and potential future stock movements.
Key Dates
| Date | Description |
|---|---|
| 02/24/2022 | One-third of 145 restricted stock units scheduled to vest. |
| 02/23/2023 | One-third of 145 and 340 restricted stock units scheduled to vest. |
| 02/24/2023 | One-third of 145 restricted stock units scheduled to vest. |
| 02/22/2024 | One-third of 340 and 605 restricted stock units scheduled to vest. |
| 02/23/2024 | One-third of 340 restricted stock units scheduled to vest. |
| 02/24/2024 | One-third of 145 restricted stock units scheduled to vest. |
| 12/31/2024 | Plan valuation date for 401(k) shares. |
| 02/23/2025 | One-third of 605 and 696 restricted stock units scheduled to vest. |
| 05/01/2025 | Date of stock sale transaction. |
| 05/02/2025 | Date of signature on the report. |
| 02/22/2026 | One-third of 605 restricted stock units scheduled to vest. |
| 02/23/2026 | One-third of 696 restricted stock units scheduled to vest. |
| 03/21/2026 | One-third of 599 restricted stock units scheduled to vest. |
| 02/23/2027 | One-third of 696 restricted stock units scheduled to vest. |
| 03/21/2027 | One-third of 599 restricted stock units scheduled to vest. |
| 03/21/2028 | One-third of 599 restricted stock units scheduled to vest. |
Keywords
Form 4, insider trading, stock transaction, restricted stock units, CHCO, City Holding Co., Quinlan, EVP
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