City Holding (NASDAQ: CHCO) EVP awarded 348 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Whittaker Timothy James reported acquisition or exercise transactions in this Form 4 filing.
City Holding Company executive Timothy James Whittaker, EVP of Commercial Lending, received a grant of 348 restricted stock units on February 25, 2026. Each unit represents the right to receive one share of common stock at settlement. The award is scheduled to vest in three equal annual installments on February 25, 2027, 2028 and 2029. After these transactions, he directly holds 6,657.628 shares of City Holding common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Whittaker Timothy James
Role
EVP, Commercial Lending
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 348 | $0.00 | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 348 shares (Direct);
Common Stock — 6,657.628 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents the right to receive, at settlement, one share of common stock. One-third of these restricted stock units are scheduled to vest on each of February 25, 2027; February 25, 2028; and February 25, 2029 One-third of these restricted stock units are scheduled to vest on each of April 25, 2027; April 25, 2028; and April 25, 2029.
FAQ
What insider transaction did CHCO executive Timothy Whittaker report?
Timothy James Whittaker, EVP of Commercial Lending at CHCO, reported receiving 348 restricted stock units on February 25, 2026. These units are a form of equity compensation that convert into common shares at settlement, aligning his interests more closely with City Holding shareholders over time.
How many restricted stock units did the CHCO EVP receive in this Form 4?
The CHCO EVP was granted 348 restricted stock units in this filing. Each unit represents the right to receive one share of City Holding common stock at settlement, providing long-term incentive compensation tied directly to the company’s future share performance and retention objectives.
What is the vesting schedule for the CHCO executive’s new restricted stock units?
The 348 restricted stock units granted to the CHCO executive are scheduled to vest in three equal installments. One-third vests on each of February 25, 2027, February 25, 2028 and February 25, 2029, encouraging multi‑year retention and continued performance with the company.
Does this CHCO Form 4 show a stock purchase or sale by the executive?
The CHCO Form 4 shows an acquisition through a grant of 348 restricted stock units, not an open‑market stock purchase or sale. The transaction is coded as a grant or award, reflecting equity-based compensation rather than a discretionary buy or sell decision.