BUMGARNER DAVID L 4

What Happened

• David L. Bumgarner, Chief Financial Officer of City Holding Co. (CHCO), reported an open‑market sale of 805 shares on May 20, 2026. The shares were sold at $124.50 per share for gross proceeds of $100,223.
• This transaction is a sale (not a purchase or exercise). Sales by insiders can be routine (e.g., for liquidity or tax reasons) and do not by themselves indicate a change in the insider’s view of the company.

Key Details

• Transaction date and price: May 20, 2026 — 805 shares sold at $124.50 per share.
• Total proceeds: $100,223 (gross).
• Shares owned after transaction: Not specified in the provided filing details.
• Filing date: Filed May 21, 2026 for a May 20 transaction — appears to be filed within the typical two-business-day Form 4 window (timely).
• Notable footnotes in the filing: F1–F7 are included; they reference shares from the company 401(k) plan and various restricted stock unit (RSU) vesting schedules. No 10b5‑1 trading plan or tax‑withholding detail was specified for this sale.

Context

• This was a straightforward open‑market sale (code S). No option exercise, award settlement, or gift was reported in connection with this transaction.
• For retail investors: single insider sales are informational but not conclusive. Look for patterns (multiple insiders or repeated sales) or other company news before drawing investment conclusions.