City Holding (CHCO) EVP sells 1,210 shares, still holds 3,314
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
City Holding Company executive Michael T. Quinlan Jr., EVP of Retail Banking, reported an open-market sale of company stock. On April 28, 2026, he sold 1,210 shares of City Holding common stock at 126.0932 per share in a direct transaction.
Following this sale, he directly holds 3,314 common shares and indirectly holds 2,373.7121 shares through the Company’s 401(k) Plan and Trust, with plan totals reported as of the December 31, 2024 valuation date. He also holds multiple restricted stock unit awards covering 610, 599, 696, 403, and 170 underlying common shares, each unit representing the right to receive one share at settlement and scheduled to vest in tranches between 2023 and 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,210 shares ($152,573)
Net Sell
7 txns
Insider
Quinlan Michael T Jr
Role
EVP, Retail Banking
Sold
1,210 shs ($153K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,210 | $126.0932 | $153K |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,314 shares (Direct, null);
Restricted Stock Unit — 170 shares (Direct, null);
Common Stock — 2,373.712 shares (Indirect, by 401(k) Plan and Trust)
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 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 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: 1,210 shares
Sale price per share: 126.0932 per share
Direct holdings after sale: 3,314 shares
+5 more
8 metrics
Shares sold
1,210 shares
Open-market or private sale on April 28, 2026
Sale price per share
126.0932 per share
Price for the 1,210 common shares sold
Direct holdings after sale
3,314 shares
Common stock directly owned following the transaction
Indirect 401(k) holdings
2,373.7121 shares
Held by Company 401(k) Plan & Trust as of 12/31/2024
RSU underlying shares (610 grant)
610 shares
Restricted stock units, each for one common share
RSU underlying shares (599 grant)
599 shares
Restricted stock units, each for one common share
RSU underlying shares (696 grant)
696 shares
Restricted stock units, each for one common share
RSU vesting range
2023–2029
One-third of each RSU grant vests annually over these years
Key Terms
Restricted Stock Unit, 401(k) Plan & Trust, 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 shares acquired pursuant to the Company's 401(k) Plan & Trust during the fiscal year..."
Rule 16a8(b) regulatory
"transactions exempt from 16b under old Rule 16a8(b)."
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.
open-market sale financial
"Sale in open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did City Holding (CHCO) report for Michael T. Quinlan Jr.?
City Holding reported that EVP of Retail Banking Michael T. Quinlan Jr. sold 1,210 shares of common stock on April 28, 2026. The transaction was an open-market or private sale coded as an "S" transaction in the Form 4 filing.
What indirect holdings in City Holding (CHCO) does the EVP report through the 401(k) plan?
The Form 4 shows 2,373.7121 City Holding common shares held indirectly via the Company’s 401(k) Plan and Trust. Footnotes explain these were acquired under the plan in transactions exempt from Section 16(b), with totals reported as of the December 31, 2024 plan valuation date.
What restricted stock units does the City Holding (CHCO) EVP hold and how do they work?
He holds several restricted stock unit awards tied to 610, 599, 696, 403, and 170 underlying City Holding common shares. Each restricted stock unit represents the right to receive one share at settlement, with one-third of each grant scheduled to vest annually on specific dates from 2023 through 2029.
Over what period are the City Holding (CHCO) EVP’s restricted stock units scheduled to vest?
Footnotes state that different restricted stock unit grants vest one-third per year on dates including February 23, 2023–2027, February 22, 2024–2026, March 21, 2026–2028, and February 25, 2027–2029. These schedules govern when the underlying City Holding shares can be delivered.