ROSSI JAMES L 4

What Happened

• James L. Rossi, a director of City Holding Co. (CHCO), was granted a stock award of 265 shares on 2026-01-28. The Form 4 reports the acquisition price as $0.00 (award/grant).
• The company values the award at the closing market price on the grant date: $120.40 per share, giving an aggregate value of $31,906 (265 × $120.40).

Key Details

• Transaction date: 2026-01-28; filing date: 2026-01-29 (filed the next day, not reported as late).
• Reported transaction: Award/Grant (code A) — 265 shares acquired at $0.00.
• Per footnote: company determined fair market value = $120.40/share (100% of closing price on 1/28/2026).
• Shares owned after transaction: not specified in the provided filing excerpt.
• No 10b5-1 plan, tax withholding, cashless exercise, or gift language indicated in the excerpt.

Context

• This is a typical equity award to an insider rather than an open-market purchase or sale. Awards represent compensation or retention tools and do not necessarily signal an immediate personal buy/sell decision.
• The grant’s stated value provides a clear market-based estimate of the award size, but retail investors should view it as compensation disclosure rather than a direct trading conviction.