Jeffrey Dale Legge, EVP, CAO and CIO of City Holding Co (NASDAQ:CHCO), filed a Form 4 on November 5, 2026, disclosing transactions in common stock dated November 4, 2026.

Key Highlights

  • Option exercise: Legge acquired 512 shares of common stock via a stock option exercise (transaction code M) at a price of $66.32 per share on November 4, 2026.
  • Open-market sale: Legge disposed of 512 shares (transaction code S) at $145.3001 per share on the same date.
  • Direct ownership after transactions: Legge directly held 7,656 shares of common stock following the reported transactions.
  • Indirect holdings: Legge also holds 8,817.9367 shares indirectly through the Company's 401(k) Plan and Trust, valued as of the December 31, 2025 plan valuation date.
  • Outstanding RSUs: Legge holds five tranches of restricted stock units totaling 1,549 units, each representing the right to receive one share of common stock at settlement.
  • Option balance: Following the exercise, Legge's directly held stock option position in the exercised grant stands at 0 shares.

Legge's November 4 Transactions at City Holding Co

According to the filing, Jeffrey Dale Legge, serving as Executive Vice President, Chief Administrative Officer, and Chief Information Officer of City Holding Co, exercised a stock option to acquire 512 shares of common stock at an exercise price of $66.32 per share on November 4, 2026. The same day, he disposed of 512 shares at $145.3001 per share in an open-market sale. Following these two transactions, Legge's direct beneficial ownership stood at 7,656 shares of common stock.

The filing notes that the exercised options were granted under City Holding Company's 2013 Incentive Plan and were "subject to both time-based and performance-based vesting," with the 512 shares having been scheduled to vest on each of February 22, 2020, February 22, 2021, and February 22, 2022, according to the explanation of responses. After the exercise, the remaining directly held option balance for this grant is reported as 0 shares.

In addition to direct holdings, the filing discloses 8,817.9367 shares held indirectly through the Company's 401(k) Plan and Trust, with share totals reported as of the December 31, 2025 plan valuation date pursuant to exemptions under old Rule 16a-8(b). Legge also holds five separate tranches of restricted stock units (RSUs) totaling 1,549 units - 164, 272, 419, 346, and 348 units respectively - each with staggered one-third annual vesting schedules extending from 2023 through 2029, as detailed in the filing's Table II. The Form 4 was signed by Victoria A. Faw as attorney-in-fact.

What Was Disclosed

The filing reports a same-day option exercise and sale of 512 shares of City Holding Co common stock by EVP Jeffrey Dale Legge on November 4, 2026, leaving him with 7,656 shares directly and 8,817.9367 shares held indirectly through a 401(k) plan.