BUMGARNER DAVID L 4

What Happened
David L. Bumgarner, Chief Financial Officer of City Holding Co (CHCO), sold 402 shares of CHCO stock in an open-market transaction on May 6, 2026. The shares were sold at $125.00 per share for a total proceeds of $50,250. This was a sale (not a purchase); sales by insiders can be routine (e.g., diversification or personal liquidity) and do not by themselves indicate a change in company outlook.

Key Details

• Transaction date and price: May 6, 2026 — 402 shares sold at $125.00 per share.
• Total value: $50,250 (gross proceeds).
• Filing date: May 7, 2026 (Form 4 filed the next business day) — timely under standard Form 4 rules.
• Shares owned after transaction: Not specified in the excerpt provided.
• Notable footnotes in the filing: F1 indicates some holdings include shares acquired via the company 401(k) plan (reported as of 12/31/2024); F2–F7 describe restricted stock unit (RSU) treatments and vesting schedules (each RSU converts to one share at settlement, with various vesting dates noted).

Context

• This was an open-market sale (transaction code S). Sales are often routine and can reflect personal financial planning rather than a view on company fundamentals.
• The filing includes multiple footnotes about 401(k) plan holdings and staggered RSU vesting schedules; if you follow insider activity closely, check future filings for any RSU settlements or additional trades.