City Holding Co. Insider Files Form 4 After Modest Stock Sale
Rhea-AI Filing Summary
EVP-Retail Banking Michael T. Quinlan Jr. filed a Form 4 reporting the sale of 1,000 City Holding Co. (CHCO) common shares on 07/24/2025 at an average price of $131.115, generating roughly $131k in proceeds.
Following the transaction, Quinlan directly owns 1,830 shares. He also holds 2,313.0052 shares through the company 401(k) Plan and 2,385 unvested restricted-stock units (RSUs) spread across five annual grants. These RSUs convert 1-for-1 into common stock and vest in equal tranches between 2022 and 2028, indicating continued long-term equity exposure.
The 1k-share disposition represents a small fraction of the insider’s total economic interest (≈6.5k shares/units) and does not by itself signal a material change in ownership control.
Positive
- None.
Negative
- None.
Insights
TL;DR: Small insider sale; ownership remains substantial—impact appears minimal.
The $131k sale equals roughly 0.4% of CHCO’s average daily trading value and leaves the EVP with ~6,528 shares/units. Insider liquidity events of this scale rarely alter corporate governance dynamics or market sentiment, especially when substantial RSUs remain unvested, aligning management with shareholder value creation. No derivative exercises occurred, and vesting schedules are unaltered. I rate the filing as neutral for investors.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,000 | $131.115 | $131K |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Includes shares 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. 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 24, 2022; February 24, 2023; and February 24, 2024. One-third of these restricted stock units are scheduled to vest on each of February 23, 2023; February 23, 2024; and February 23, 2025. One-third of these restricted stock units are scheduled to vest on each of February 22, 2024; February 22, 2025; and February 22, 2026. One-third of these restricted stock units are scheduled to vest on each of February 23, 2025; February 23, 2026; and February 23, 2027. One-third of these restricted stock units are scheduled to vest on each of March 21, 2026; March 21, 2027; and March 21, 2028