BUMGARNER DAVID L 4

What Happened
David L. Bumgarner, Chief Financial Officer of City Holding Co. (CHCO), sold 1,161 shares of the company's common stock in an open-market sale on May 22, 2026. The shares traded at $124.50 each, for total proceeds of $144,545. This was a sale (S) transaction; sales are often routine liquidity events rather than a signal of company outlook.

Key Details

• Transaction date and price: May 22, 2026 — 1,161 shares sold at $124.50 per share.
• Total value: $144,545.
• Transaction type: Open-market sale (Form 4 code S).
• Shares owned after transaction: Not specified in the provided excerpt — see the full Form 4 filing (Accession 0000726854-26-000131) for post-transaction holdings.
• Filing date: May 26, 2026 (four days after the transaction). The excerpt does not state a timeliness flag; check the full filing for any late-filing indication.
• Footnotes included in the filing: F1 notes shares acquired under the company 401(k) plan; F2–F7 describe restricted stock unit (RSU) rights and staggered vesting schedules. These footnotes indicate the insider has holdings tied to retirement plan purchases and multiple RSU grants with various vesting dates.

Context

• Sales by executives can be routine (e.g., for diversification, taxes, or personal liquidity) and do not by themselves indicate a change in view on the company.
• The filing shows a straightforward open-market sale rather than an option exercise, gift, or award distribution. For further detail on total beneficial ownership and outstanding RSUs, review the complete Form 4 filing.