LEGGE JEFFREY DALE 4
Research Summary
AI-generated summary
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.