City Holding (CHCO) Insider Adds to Stake in Small Purchase

Rhea-AI Filing Summary

City Holding Co. (CHCO) Form 4: Director Robert D. Fisher bought 113 common shares on 07/28/2025 at $127.05 per share, an outlay of roughly $14.4 thousand. After the purchase, Fisher directly owns 45,621.8559 shares. Ownership includes ≈440 DRIP shares accumulated during the year. No derivative transactions were reported.

The purchase is small relative to Fisher’s existing stake and CHCO’s average daily trading volume, suggesting limited market impact. However, open-market buying by a long-tenured director may be viewed as a modest vote of confidence.

Positive

• Insider purchase: Director added 113 shares on the open market, indicating personal confidence.

Negative

• None.

Insights

Financial Analyst

TL;DR: Minor insider buy; sentiment positive but immaterial.

Fisher’s $14k purchase lifts his direct stake to ~45.6k shares, signalling continued alignment with shareholders. The trade represents <0.3% of his holdings and under 0.1 days of CHCO’s average trading volume, so liquidity impact is negligible. Historically, clusters of insider buying at CHCO have preceded modest outperformance, but isolated small purchases like this have not been statistically significant. Overall, the filing is not materially impactful to valuation models or near-term price targets.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

FISHER ROBERT D

(Last) (First) (Middle)

25 GATEWATER ROAD

(Street)

CROSS LANES WV 25313

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CITY HOLDING CO [ CHCO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/28/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/28/2025		P		113	A	$127.05	45,621.8559(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes 439.93231 shares acquired during the year through the reporting person's participation in the dividend reinvestment plan based upon the most recent plan statement.

Remarks:

	Victoria A. Faw, attorney-in-fact	07/28/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many CHCO shares did Director Robert D. Fisher buy?

He purchased 113 common shares on 07/28/2025.

What price did the insider pay for CHCO shares?

The shares were bought at $127.05 each.

What is Fisher’s total direct ownership after the transaction?

He now directly holds 45,621.8559 shares of CHCO.

Were any derivative securities involved in this Form 4?

No, the filing reports no derivative transactions.

Does the filing mention dividend reinvestment plan shares?

Yes, ownership includes approximately 439.93 DRIP shares acquired over the year.