Diane W. Strong-Treister, a member of the board of directors at CITY Holding Co (CHCO), reported a purchase of 126 shares of the company's common stock on March 9, 2026. The transaction was executed at a per-share price of $115.88, bringing the aggregate cost to $14,600.
As of the most recent quotation cited in the filing, CITY Holding's shares were trading at $117.94. According to InvestingPro's Fair Value calculation referenced in the reporting, CHCO appears to be undervalued and is included on a list of the most undervalued stocks generated by that analysis.
The acquisition was made pursuant to a Rule 10b5-1 Plan, as noted in the disclosure. Following the completion of the trade, Strong-Treister holds 3,868 shares in her own name. In addition, she has an indirect interest in 1,900 shares held in her capacity as Trustee for the Diane W. Strong Treister Revocable Trust. Combined, those positions represent 5,768 shares under her direct or indirect control.
The filing also highlights certain company-level metrics cited alongside the insider transaction. CITY Holding, described in the reporting as a regional bank holding company, has increased its dividend for 14 consecutive years. The shares were reported to carry a dividend yield of 2.95% at the time of the filing, and the company was trading at a price-to-earnings ratio of 13.25.
Separately, the disclosure indicates that a previously filed form was amended to address an administrative error. The amendment is described solely as corrective in nature; no additional facts about the error were provided in the disclosure.
Context and implications
The filing supplies three categories of information in a single disclosure: the director's purchase details, third-party valuation commentary from InvestingPro, and basic dividend and valuation metrics for the company. All facts above are taken from the reported transaction and the accompanying company and analysis figures disclosed in the filing.
No further commentary or forecasting is included in the disclosure. The record reflects the trade date, the mechanics of the purchase under a Rule 10b5-1 Plan, the director's resulting ownership positions, the amended filing to correct an administrative error, and the cited valuation and dividend metrics.