HAGEBOECK CHARLES R 4

What Happened

• Charles R. Hageboeck, President & CEO and Director of City Holding Co. (CHCO), sold a total of 1,275 shares in two open-market transactions on February 20, 2026. He sold 442 shares at $125.00 ($55,250) and 833 shares at $125.50 ($104,542), for an aggregate proceeds of about $159,792. This was a sale (S), which is often routine insider selling and not necessarily a signal about company prospects.

Key Details

• Transaction dates and prices:
  • 2026-02-20: 442 shares at $125.00 — $55,250
  • 2026-02-20: 833 shares at $125.50 — $104,542
• Total shares sold: 1,275; total proceeds: approx. $159,792.
• Shares owned after transaction: not specified in the provided filing.
• Filing: Reported to the SEC on 2026-02-23 (filed within the standard two-business-day window following the Feb 20 transaction).
• Notable footnotes in the filing:
  • F1: Includes shares acquired via the company 401(k) Plan & Trust and reported as of the 12/31/2025 plan valuation date.
  • F2–F7: Describe restricted stock units (RSUs) and multi-year vesting schedules (various one‑third vesting tranches between 2022 and 2028). These footnotes reflect past awards/holdings and do not indicate that these sales were option exercises or awards.

Context

• These were open-market sales of existing shares (code S), not option exercises, gifts, or awards. Sales by executives can be routine (diversification, liquidity, tax planning) and do not alone indicate company performance.
• The filing includes references to 401(k) plan holdings and outstanding RSUs with scheduled vesting, which may explain portions of the insider's overall stake but are separate from these open-market sales.