City Holding EVP Legge sells $74,393 in common stock
Investing.com ·
City Holding EVP Legge sells $74,393 in common stock
Jeffrey Dale Legge, Executive Vice President, Chief Administrative Officer, and Chief Information Officer of City Holding Co. (NASDAQ:CHCO), sold shares of the company’s common stock on November 4, 2026, following the exercise of stock options.
Mr. Legge exercised options to acquire 512 shares at a price of $66.32 per share, totaling $33,955. Concurrently, he disposed of 512 shares of common stock at a price of $145.3001 per share, for a total value of $74,393. The company currently trades at $142.05 with a market capitalization of $2 billion and a P/E ratio of 15.52.
The exercised options were part of City Holding Company’s 2013 Incentive Plan. Following these transactions, Mr. Legge directly holds 7,656 shares of City Holding Co. common stock. Additionally, he indirectly holds 8,817.9367 shares of common stock through the company’s 401(k) Plan and Trust, as reported on December 31, 2025. The filing also noted various unvested restricted stock units held by Mr. Legge, which represent the right to receive common stock upon vesting. According to InvestingPro analysis, CHCO appears undervalued and has maintained dividend payments for 25 consecutive years, currently yielding 2.82%.
Read the full story at Investing.com · All coverage of this story