LEGGE JEFFREY DALE 4
4 · CITY HOLDING CO · Filed May 27, 2026
Research Summary
AI-generated summary of this filing
City Holding (CHCO) EVP Jeffrey Legge Sells 1,309 Shares
What Happened
Jeffrey Dale Legge, EVP, CAO & CIO of City Holding Company (CHCO), sold 1,309 shares of CHCO common stock in an open-market transaction on May 26, 2026. The shares were sold at $125.00 per share for a total proceeds of $163,625. This was a sale (S) — sales are often routine (e.g., diversification or tax needs) and do not necessarily indicate the insider’s view on the company.
Key Details
- Transaction date and type: 2026-05-26 — Open-market sale (Code: S).
- Price and value: 1,309 shares at $125.00 per share; total proceeds $163,625.
- Filing date: Form 4 filed 2026-05-27 (timely relative to the 5/26/2026 transaction in the provided record).
- Shares owned after transaction: Not specified in the provided excerpt.
- Footnotes included in the filing:
- F1: Notes shares acquired under the company 401(k) Plan & Trust and reporting as of 12/31/2025.
- F2–F8: Describe option and restricted stock unit vesting schedules for various grants (time- and performance-based vesting dates).
- No 10b5-1 plan or other trading arrangement was disclosed in the provided excerpt.
Context
This is an insider sale rather than a purchase. For retail investors, purchases by insiders can be stronger signals than routine sales. The sale size here (~$164k) is relatively modest for an executive and should be considered alongside other insider transactions, company fundamentals, and broader market factors.
Insider Transaction Report
- Sale
Common Stock
2026-05-26$125.00/sh−1,309$163,625→ 7,656 total
- 8,817.937(indirect: By Trust)
Common Stock
[F1] - 512
Stock Option to Buy
[F2]Exercise: $66.32Exp: 2027-02-21→ Common Stock (512 underlying) - 164
Restricted Stock Unit
[F3][F4]→ Common Stock (164 underlying) - 272
Restricted Stock Unit
[F3][F5]→ Common Stock (272 underlying) - 419
Restricted Stock Unit
[F3][F6]→ Common Stock (419 underlying) - 346
Restricted Stock Unit
[F3][F7]→ Common Stock (346 underlying) - 348
Restricted Stock Unit
[F3][F8]→ Common Stock (348 underlying)
Footnotes (8)
- [F1]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.
- [F2]Options shares granted from City Holding Company's 2013 Incentive Plan are subject to both time-based and performance-based vesting. Options shares shall vest as follows: 512 shares on each of 2/22/2020, 2/22/2021 and 2/22/2022.
- [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 22, 2024; February 22, 2025; and February 22, 2026.
- [F6]One-third of these restricted stock units are scheduled to vest on each of February 23, 2025; February 23, 2026; and February 23, 2027.
- [F7]One-third of these restricted stock units are scheduled to vest on each of March 21, 2026; March 21, 2027; and March 21, 2028
- [F8]One-third of these restricted stock units are scheduled to vest on each of February 25, 2027; February 25, 2028; and February 25, 2029