HAGEBOECK CHARLES R 4
4 · CITY HOLDING CO · Filed Feb 24, 2026
Research Summary
AI-generated summary of this filing
City Holding (CHCO) CEO Charles Hageboeck Receives 665 Shares (RSU Vest)
What Happened Charles R. Hageboeck, President & CEO and a director of City Holding Co. (CHCO), had 665 restricted stock units convert into 665 common shares on February 23, 2026. The Form 4 reports an acquisition of 665 shares at $0.00 (no cash paid) tied to vesting/settlement of RSUs and a corresponding derivative conversion entry for 665 shares (no proceeds). This was not an open-market sale or purchase — it reflects RSU settlement.
Key Details
- Transaction date: 2026-02-23; Form 4 filed: 2026-02-24 (appears timely).
- Reported entries: 665 shares acquired @ $0.00 (code M — exercise/conversion); 665 shares reported as disposed (derivative) @ $0.00 (reflecting conversion/settlement).
- Footnotes: F1 — shares received for no consideration upon RSU vesting and satisfaction of a two-year holding period; F3 — each RSU equals one share; F7 — these RSUs had a multi-year vesting schedule (one‑third vests each year including Feb 23, 2026).
- No cash proceeds were reported; this was not a market sale. The provided excerpt did not state the total shares owned by Hageboeck after the transaction.
Context
- Code M transactions often mean conversion/exercise of derivative awards (here, RSUs converting into common shares). Because there were no proceeds and the shares were received on vesting, this is an award settlement rather than a trade expressing market sentiment.
- For retail investors, vesting of RSUs is routine compensation and does not necessarily indicate a CEO buying or selling stock.
Insider Transaction Report
Form 4
CITY HOLDING COCHCO
HAGEBOECK CHARLES R
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-23+665→ 50,271 total - Exercise/Conversion
Restricted Stock Unit
[F3][F4]2026-02-23−665→ 665 total→ Common Stock (665 underlying)
Holdings
- 2,134.281(indirect: By Trust)
Common Stock
[F2] - 671
Restricted Stock Unit
[F3][F5]→ Common Stock (671 underlying) - 1,043
Restricted Stock Unit
[F3][F6]→ Common Stock (1,043 underlying) - 1,627
Restricted Stock Unit
[F3][F7]→ Common Stock (1,627 underlying) - 1,347
Restricted Stock Unit
[F3][F8]→ Common Stock (1,347 underlying)
Footnotes (8)
- [F1]Shares were received for no consideration upon vesting of the restricted stock units and the satisfaction of a two-year holding period.
- [F2]Includes shares acquired pursuant to the Company's 401(k) Plan & Trust during the fiscal year in transactions exempt from 16b under old Rule 16a8(b). Share totals are reported as of the 12/31/2025 plan valuation date.
- [F3]Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- [F4]One-third of these restricted stock units are scheduled to vest on each of February 23, 2023; February 23, 2024; and February 23, 2025.
- [F5]One-third of these restricted stock units are scheduled to vest on each of February 24, 2022; February 24, 2023; and February 24, 2024.
- [F6]One-third of these restricted stock units are scheduled to vest on each of February 22, 2024; February 22, 2025; and February 22, 2026.
- [F7]One-third of these restricted stock units are scheduled to vest on each of February 23, 2025; February 23, 2026; and February 23, 2027.
- [F8]One-third of these restricted stock units are scheduled to vest on each of March 21, 2026; March 21, 2027; and March 21, 2028
Signature
Victoria A. Faw, attorney-in-fact|2026-02-24