BUMGARNER DAVID L 4
4 · CITY HOLDING CO · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
City Holding (CHCO) CFO David Bumgarner Exercises Options, Receives Award
What Happened
- David L. Bumgarner, Chief Financial Officer of City Holding Co. (CHCO), acquired 2,047 shares through an exercise/conversion of a derivative and received 534 shares as a performance-based award. Both transactions show a price of $0.00 (no cash paid).
Key Details
- Transaction date: February 25, 2026.
- Transactions reported: 2,047 shares (exercise/conversion of derivative, code M) and 534 shares (grant/award, code A — derivative); both acquired at $0.00.
- Footnote F1: the 534 shares were received for no consideration upon satisfaction of the performance criteria underlying the performance share units.
- Footnote F3 (and others): restricted stock units represent the right to receive one share at settlement; several additional footnotes list vesting schedules for prior RSU awards (F4–F8). F2 notes prior 401(k) plan share reporting.
- Shares owned after the reported transactions were not specified in the information provided.
- Filing: Report filed Feb 26, 2026 for transactions on Feb 25, 2026 (appears timely; no late filing indicated).
Context
- These acquisitions appear to be compensation-related (performance-share settlement and conversion/settlement of derivative awards), not open-market purchases. Awards settled for no cash are common as part of executive compensation and reflect vesting/performance outcomes rather than a market buy or sell decision.
Insider Transaction Report
Form 4
CITY HOLDING COCHCO
BUMGARNER DAVID L
EVP & Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-25+2,047→ 13,034.146 total - Award
Restricted Stock Unit
[F3][F4]2026-02-25+534→ 534 total→ Common Stock (534 underlying)
Holdings
- 3,073.729(indirect: By Trust)
Common Stock
[F2] - 115(indirect: By IRA)
Common Stock
- 170
Restricted Stock Unit
[F3][F5]→ Common Stock (170 underlying) - 379
Restricted Stock Unit
[F3][F6]→ Common Stock (379 underlying) - 615
Restricted Stock Unit
[F3][F7]→ Common Stock (615 underlying) - 524
Restricted Stock Unit
[F3][F8]→ Common Stock (524 underlying)
Footnotes (8)
- [F1]Shares were received for no consideration upon satisfaction of performance criteria underlying the award of performance share units.
- [F2]Includes share 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 12/31/2024 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 25, 2027; February 25, 2028; and February 25, 2029
- [F5]One-third of these restricted stock units are scheduled to vest on each of February 23, 2023; February 23, 2024; and February 23, 2025.
- [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|2026-02-26