HAGEBOECK CHARLES R 4

What Happened Charles R. Hageboeck, President & CEO and a director of City Holding Co. (CHCO), had 522 restricted stock units convert into 522 shares on February 22, 2026. The Form 4 reports an acquisition of 522 shares at $0.00 (received upon vesting) and a corresponding conversion/disposition entry for 522 derivative units at $0.00. No cash changed hands — these were vested RSUs settled into common stock.

Key Details

• Transaction date: 2026-02-22; Form 4 filed 2026-02-23 (timely — within the 2-business-day reporting window).
• Shares acquired: 522 shares at $0.00 (value reported $0). Transaction code M = exercise/conversion of derivative.
• Footnotes: F1 — shares received for no consideration upon RSU vesting and after satisfying a two-year holding period. F3 — each RSU converts to one share. F4–F8 describe various RSU vesting schedules.
• Shares owned after the transaction: not specified in the provided summary of this filing.

Context This was a routine conversion/settlement of vested restricted stock units (derivative conversion), not an open-market buy or sale. Such vesting/settlement events reflect compensation being delivered, and do not necessarily indicate a change in the insider’s market view. The filing appears timely and contains no indication of a cashless sale or tax-withholding share disposition in this entry.