CITY HOLDING CO (CHCO) EVP reports 164-share RSU vesting into common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CITY HOLDING CO executive Jeffrey Dale Legge, EVP, CAO & CIO, reported the vesting and exercise of 164 restricted stock units into 164 shares of common stock on February 23, 2026, received for no cash consideration after a required holding period. Following these transactions, he directly owned 7,337 common shares, plus an indirect 8,817.9367 shares held through the company’s 401(k) Plan and Trust as of the December 31, 2024 valuation date.
Positive
- None.
Negative
- None.
Insider Trade Summary
164 shares exercised/converted
Mixed
8 txns
Insider
LEGGE JEFFREY DALE
Role
EVP, CAO & CIO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 164 | $0.00 | -- |
| Exercise | Common Stock | 164 | $0.00 | -- |
| holding | Stock Option to Buy | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 164 shares (Direct);
Common Stock — 7,337 shares (Direct);
Stock Option to Buy — 512 shares (Direct);
Common Stock — 8,817.937 shares (Indirect, by 401(k) Plan and Trust)
Footnotes (1)
- Shares were received for no consideration upon vesting of the restricted stock units and the satisfaction of a two-year holding period. 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 23, 2023; February 23, 2024; and February 23, 2025. Options shares granted from City Holding Company's 2013 Incentive Plan are subject to both time-based and performance-based vesting. Options shares shall vest as follows: 512 shares on each of 2/22/2020, 2/22/2021 and 2/22/2022. 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 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
FAQ
What insider transaction did CHCO executive Jeffrey Legge report on this Form 4?
Jeffrey Legge reported the vesting and exercise of 164 restricted stock units into 164 shares of CITY HOLDING CO common stock. The shares were received for no cash consideration after satisfying a two-year holding requirement tied to the equity award.
What indirect CITY HOLDING CO (CHCO) holdings does Jeffrey Legge report through the 401(k) plan?
Jeffrey Legge reports 8,817.9367 CHCO shares held indirectly through the company’s 401(k) Plan and Trust. The filing notes these shares include plan acquisitions during the fiscal year and are stated as of the December 31, 2024 plan valuation date.
Were the CHCO restricted stock units received by Jeffrey Legge subject to vesting schedules?
Yes. Footnotes describe multiple restricted stock unit grants with one-third of each grant scheduled to vest annually on specific February or March dates. Upon vesting and any holding period, each restricted stock unit converts into one share of CHCO common stock.