Form 4: City Holding Co Insider Trades Common Stock
Statement of Changes in Beneficial Ownership
Jeffrey Dale Legge of City Holding Co reported a transaction involving common stock on May 26, 2026.
Summary
- Jeffrey Dale Legge, EVP, CAO & CIO of City Holding Co, reported a transaction on May 26, 2026.
- The transaction involved the acquisition of 1,309 shares of common stock at a price of $125 per share.
- Following this transaction, Legge beneficially owns 7,656 shares of common stock directly.
- Additionally, Legge has indirect beneficial ownership of 8,817.9367 shares through a 401(k) Plan and Trust.
- The filing also details various restricted stock units (RSUs) and stock options with different vesting schedules.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it primarily reports routine insider transactions and equity awards, with no significant negative or positive financial news.
Positives
- Acquisition of 1,309 shares of common stock by a key executive (EVP, CAO & CIO) at a price of $125 per share, indicating confidence in the company.
- Significant indirect beneficial ownership of 8,817.9367 shares through a 401(k) Plan and Trust, showing long-term investment by the executive.
- Details of multiple restricted stock units and stock options with future vesting dates suggest ongoing incentive programs and potential future share ownership.
Risks
- Vesting schedules for stock options and restricted stock units indicate potential future dilution of common stock.
- The specific details of performance-based vesting for stock options are not fully elaborated, which could introduce uncertainty.
Future Outlook
The filing details various restricted stock units and stock options with future vesting dates, indicating ongoing equity-based compensation and potential future share issuances.
Industry Context
StockSavvy.ai notes that insider transactions, particularly acquisitions of common stock by senior executives, are often viewed positively by the market as they can signal management's confidence in the company's future prospects.
Stakeholder Impact
- Shareholders: The acquisition of shares by an executive may be interpreted as a positive signal of confidence. Future vesting of equity awards could lead to share dilution.
Next Steps
- Vesting of stock options and restricted stock units according to their respective schedules.
Key Dates
| Date | Description |
|---|---|
| 05/26/2026 | Transaction date for the acquisition of common stock by Jeffrey Dale Legge. |
| 02/21/2027 | Expiration date for a stock option to buy common stock at $66.32. |
| 02/22/2020 | Vesting date for a portion of stock options. |
| 02/22/2021 | Vesting date for a portion of stock options. |
| 02/22/2022 | Vesting date for a portion of stock options. |
| 02/23/2023 | Vesting date for a portion of restricted stock units. |
| 02/22/2024 | Vesting date for a portion of restricted stock units. |
| 02/23/2024 | Vesting date for a portion of restricted stock units. |
| 02/23/2025 | Vesting date for a portion of restricted stock units. |
| 02/22/2025 | Vesting date for a portion of restricted stock units. |
| 02/23/2026 | Vesting date for a portion of restricted stock units. |
| 02/22/2026 | Vesting date for a portion of restricted stock units. |
| 03/21/2026 | Vesting date for a portion of restricted stock units. |
| 03/21/2027 | Vesting date for a portion of restricted stock units. |
| 03/21/2028 | Vesting date for a portion of restricted stock units. |
| 02/25/2027 | Vesting date for a portion of restricted stock units. |
| 02/25/2028 | Vesting date for a portion of restricted stock units. |
| 02/25/2029 | Vesting date for a portion of restricted stock units. |
| 05/27/2026 | Date of signature for the filing. |
Keywords
City Holding Co, CHCO, Form 4, Insider Trading, Common Stock, Stock Options, Restricted Stock Units, Beneficial Ownership, Executive Compensation, SEC Filing
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