Hoyer James A 4

What Happened
James A. Hoyer, a director of City Holding Co. (CHCO), received a grant/award of 265 shares on January 28, 2026. The award was recorded at $0.00 per share for acquisition purposes, with the company assigning a fair-market value of $120.40 per share, putting the total value at approximately $31,906. This was a stock award (non-cash compensation), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-01-28; Form 4 filed: 2026-01-29 (timely filing).
• Transaction type/code: A = Award/Grant.
• Shares granted: 265; acquisition price on form: $0.00; company valuation: $120.40/share.
• Estimated total value of award: 265 × $120.40 ≈ $31,906.
• Shares owned after transaction: not specified in this filing.
• Footnote: Company states $120.40 per share equals 100% of the closing price on 1/28/2026 (used to establish award value).

Context
Director stock awards are common compensation and do not necessarily signal the director buying or selling based on private views of the company. This grant represents non-cash compensation tied to the company’s stock price at grant date.