Burton Gregory A 4
Research Summary
AI-generated summary
City Holding (CHCO) Director Gregory A. Burton Receives Award
What Happened
- Gregory A. Burton, a director of City Holding Co. (CHCO), received a 265-share stock award on 2026-01-28 valued at $120.40 per share (total ≈ $31,906).
- The filing also reports two small share acquisitions via the company's dividend reinvestment plan (DRIP): 14.145 shares on 2025-07-31 at $123.60 (≈ $1,748) and 16.455 shares on 2025-10-31 at $117.75 (≈ $1,938). Combined, these three transactions added about 295.6 shares worth roughly $35,592.
Key Details
- Transaction dates & values:
- 2026-01-28: Award of 265 shares; company values award at $120.40/share (F1) → ≈ $31,906.
- 2025-07-31: Small acquisition of 14.145 shares @ $123.60 → ≈ $1,748 (F2).
- 2025-10-31: Small acquisition of 16.455 shares @ $117.75 → ≈ $1,938 (F2).
- Footnotes:
- F1: Company used $120.40 (closing price on 1/28/2026) to value the award.
- F2: The July and October purchases were made under a broker‑sponsored dividend reinvestment plan (DRIP).
- Filing date and reporting: Form 4 was filed 2026-01-29 and reports the Jan 28, 2026 grant plus the earlier DRIP purchases from 2025. The filing does not list total shares owned following these transactions.
Context
- These were acquisitions (an equity award to a director plus reinvested dividends). Equity awards to directors and DRIP purchases are common forms of compensation and routine ownership activity; they represent insider purchases/awards rather than sales.