Executive Transaction Details
On April 28, 2026, Michael T. Quinlan Jr., Executive Vice President of Retail Banking at City Holding Co (NASDAQ: CHCO), liquidated a portion of his equity holdings. The sale comprised 1,210 shares of common stock at a price of $126.0932 per share, amounting to a total value of $152,572.
As of the date of this report, CHCO is trading at approximately $125.15. This valuation sits near its 52-week high of $133.59. While the current market price reflects recent performance, analysis from InvestingPro indicates that the company may still be trading below its calculated Fair Value.
Current Holdings and Vesting Schedules
Post-transaction, Mr. Quinlan's direct ownership in City Holding common stock stands at 3,314 shares. His indirect holdings, managed through a 401(k) Plan and Trust, total 2,373.7121 shares according to the valuation date of December 31, 2024. Additionally, his compensation structure includes several layers of restricted stock units that are set to vest at different intervals:
- 170 units vesting through February 2025
- 403 units vesting through February 2026
- 696 units vesting through February 2027
- 599 units vesting through March 2028
- 610 units vesting through February 2029
Corporate Financial Profile and Capital Management
City Holding Co is a regional bank holding company with a market capitalization of $1.77 billion. The firm currently operates with a price-to-earnings (P/E) ratio of 13.78 and provides a dividend yield of 2.76%. Notably, the company has demonstrated long-term financial consistency by maintaining dividend payments for 25 consecutive years.
In a separate strategic move, City Holding Company has authorized a share repurchase program. This initiative allows for the buyback of up to 1 million common shares, which represents roughly 7% of the total outstanding shares. The $6.7 billion bank holding company intends to conduct these repurchases through open market transactions to assist in enhancing earnings per share. Management has noted that the execution of this program is flexible; they may initiate or pause buybacks depending on prevailing business and market conditions, as there is no fixed duration for the program.