CITY HOLDING CO (CHCO) EVP converts 170 RSUs into common stock
Rhea-AI Filing Summary
CITY HOLDING CO executive Michael T. Quinlan Jr., EVP, Retail Banking, reported stock-based compensation activity. On February 23, 2026, he exercised 170 Restricted Stock Units into 170 shares of common stock at $0.0000 per share through a derivative exercise/conversion.
Footnotes state the shares were received for no cash consideration upon vesting of restricted stock units after a two-year holding period, and that each unit represents one share of common stock at settlement. Following these transactions, his directly held common stock increased to 2,202 shares.
The filing also shows various outstanding restricted stock unit balances with different vesting schedules and 2,373.7121 shares of common stock held indirectly through the Company’s 401(k) Plan & Trust as of the December 31, 2024 plan valuation date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 170 | $0.00 | -- |
| Exercise | Common Stock | 170 | $0.00 | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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. 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