CITY HOLDING CFO sells 1,161 CHCO shares at $124.50
CITY HOLDING CO Executive Vice President and Chief Financial Officer David L. Bumgarner reported insider activity involving company equity.
Rhea-AI Filing Summary
CITY HOLDING CO Executive Vice President and Chief Financial Officer David L. Bumgarner reported insider activity involving company equity. On May 22, 2026, he made an open-market sale of 1,161 shares of common stock at $124.50 per share. After this sale, he held 10,666.146 common shares directly, along with additional indirect holdings through an IRA and the company 401(k) plan, and several blocks of restricted stock units that each convert into one share of common stock at settlement.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,161 shares
Net Sell
8 txns
Insider
BUMGARNER DAVID L
Role
EVP & Chief Financial Officer
Sold
1,161 shs ($145K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,161 | $124.50 | $145K |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 10,666.146 shares (Direct);
Restricted Stock Unit — 2,222 contracts (Direct);
Common Stock — 3,073.7288 shares (Indirect, by 401(k) Plan and Trust);
Common Stock — 115 shares (Indirect, by IRA)
Footnotes (7)
- F1. Includes share 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 12/31/2024 plan valuation date.
- F2. Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- F3. One-third of these restricted stock units are scheduled to vest on each of February 23, 2023; February 23, 2024; and February 23, 2025.
- F4. One-third of these restricted stock units are scheduled to vest on each of February 22, 2024; February 22, 2025; and February 22, 2026.
- F5. One-third of these restricted stock units are scheduled to vest on each of February 23, 2025; February 23, 2026; and February 23, 2027.
- F6. One-third of these restricted stock units are scheduled to vest on each of March 21, 2026; March 21, 2027; and March 21, 2028
- F7. One-third of these restricted stock units are scheduled to vest on each of February 25, 2027; February 25, 2028; and February 25, 2029
Key Figures
Shares sold: 1,161 shares
Sale price per share: $124.50/share
Direct shares after sale: 10,666.146 shares
+5 more
8 metrics
Shares sold
1,161 shares
Open-market sale of common stock on May 22, 2026
Sale price per share
$124.50/share
Price for May 22, 2026 open-market sale
Direct shares after sale
10,666.146 shares
Direct common stock holdings following transaction
Indirect IRA holdings
115 shares
Common stock held indirectly by IRA
Indirect 401(k) holdings
3,073.7288 shares
Common stock held by 401(k) Plan and Trust as of Dec. 31, 2024
RSU block 1
534 underlying shares
Restricted stock units, each unit settles into one common share
RSU block 2
615 underlying shares
Restricted stock units scheduled to vest in tranches through March 21, 2028
RSU block 3
170 underlying shares
Restricted stock units scheduled to vest in tranches through February 25, 2029
Key Terms
Restricted Stock Unit, 401(k) Plan & Trust, old Rule 16a8(b), vesting, +1 more
5 terms
Restricted Stock Unit financial
"Each restricted stock unit represents the right to receive, at settlement, one share of common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
401(k) Plan & Trust financial
"Includes share acquired pursuant to the Company's 401(k) Plan & Trust during the fiscal year..."
old Rule 16a8(b) regulatory
"transactions exempt from 16b under old Rule 16a8(b). Share totals are reported as of the 12/31/2024 plan valuation date."
vesting financial
"One-third of these restricted stock units are scheduled to vest on each of February 23, 2023; February 23, 2024; and February 23, 2025."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
settlement financial
"Each restricted stock unit represents the right to receive, at settlement, one share of common stock."
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CITY HOLDING CO (CHCO) disclose for David L. Bumgarner?
CITY HOLDING CO disclosed that EVP and CFO David L. Bumgarner executed an open-market sale of common stock. On May 22, 2026, he sold 1,161 shares of CHCO common stock, reflecting a routine insider disposition rather than a grant or option exercise.
What indirect CITY HOLDING CO (CHCO) holdings does the CFO report?
The filing lists two categories of indirect holdings for David L. Bumgarner. He holds 115 shares of CITY HOLDING CO common stock through an IRA and 3,073.7288 shares through the company’s 401(k) Plan and Trust, with those plan-related totals reported as of the December 31, 2024 valuation date.
What restricted stock units does the CITY HOLDING CO (CHCO) CFO hold?
Bumgarner holds several blocks of restricted stock units, each representing the right to receive one CHCO share at settlement. Reported balances include 534, 524, 615, 379, and 170 underlying shares, with footnotes describing scheduled vesting dates between February 2023 and February 2029.
AI-generated analysis. How Rhea-AI works. Not financial advice.
