C&F Financial (CFFI) Executive Chairman Larry Dillon Sells 1,000 Shares

What Happened
Larry G. Dillon, Executive Chairman and director of C & F Financial Corp (CFFI), reported an open-market sale of 1,000 shares on 2026-09-04. The weighted average sale price was $95.07 per share, for total proceeds of approximately $95,070. This was a sale (not a purchase or option exercise); sales by insiders can be routine and do not by themselves indicate a change in company outlook.

Key Details

• Transaction date: 2026-09-04 (reported on Form 4 filed 2026-09-08, Accession 0001200507-26-000012)
• Transaction type: Sale (open market) — code S
• Shares sold: 1,000; weighted average price: $95.07; total value: ~$95,070
• Price range per footnote: shares sold between $94.95 and $95.25 (F1 notes weighted average)
• Shares owned after transaction: not disclosed in the provided filing excerpt
• Filing timeliness: Form 4 was filed on 2026-09-08. Given the 9/4 trade date and the Labor Day holiday on 9/7/2026, the filing appears to be within the two business-day reporting window

Context

• This was a direct sale of existing shares rather than an option exercise, award, or gift. For retail investors, purchases typically signal stronger insider conviction than isolated sales; sales can reflect routine portfolio management, tax planning, or diversification.
• No 10b5-1 plan, withholding, or other special reporting notes were cited in the provided excerpt beyond the price-range footnote.