Insider Activity at City Holding Co. – What the Latest Trade Means for Investors
A Quiet Buy in a Volatile Market On February 24, 2026, EVP of Retail Banking Quinlan Michael T. Jr. purchased 145 shares of City Holding Co. at $122.43 per share, the same price at which the stock closed the previous day. The transaction, filed as a Form 4, represents a modest addition to his already sizeable holding of 2,373 shares, bringing his total to 2,518 shares. Although the trade is small relative to the company’s market capitalisation of $1.75 billion, its timing and context are noteworthy: the stock had just dipped 1.9 % on the week, and the broader banking sector remains sensitive to regulatory scrutiny and interest‑rate cycles.
Insider Sentiment and Market Buzz The buy came amid a sharp spike in social‑media buzz—250 % above the baseline—and a strong positive sentiment score of +71. While the trade itself is a routine vesting‑related transaction, the accompanying social‑media chatter suggests investors are watching insider behaviour closely, perhaps looking for clues about the bank’s strategic direction or confidence in its earnings pipeline.
Implications for City Holding Co. City Holding Co. trades at a P/E of 13.62 and a P/B of 2.215, comfortably within the industry norm for diversified bank holding companies. The recent insider purchase, combined with a steady stream of buys by other executives (e.g., CEO Charles Hagebeck, CFO David Bumgarnier, and CAO Jeffrey Legge), signals that management remains bullish on the company’s long‑term prospects. Investors may interpret these actions as a vote of confidence, particularly as City’s earnings guidance remains solid amid a competitive retail‑banking landscape across West Virginia, Ohio, and California.
Quinlan Michael T. Jr. – A Profile of Consistent Commitment Since joining City Holding Co., Quinlan has consistently accumulated shares through both market purchases and vesting of restricted units. His transaction history shows a pattern of buying 170–202 shares in February 2026 and selling an equal number of restricted units each month, a routine exercise in exercising equity‑based compensation. Notably, his holdings have grown from 1,830 shares in July 2025 to 2,373 shares by February 2026, reflecting a cumulative net increase of over 500 shares in the past six months. This steady build, coupled with his role overseeing retail banking operations, suggests he is positioning himself as a long‑term stakeholder while ensuring liquidity through regular vesting exercises.
Investor Takeaway The latest insider purchase is a small but telling signal: City Holding Co.’s leadership remains invested in the company’s future. With a solid valuation profile, a diversified regional footprint, and a growing insider stake, the stock appears positioned for moderate upside, particularly if the bank can continue to grow its deposit base and leverage technology to drive efficiency. Traders and portfolio managers should monitor further insider activity, especially the CEO and CFO, for any larger moves that could validate the bullish sentiment reflected in the recent social‑media buzz.
| Date | Owner | Transaction Type | Shares | Price per Share | Security |
|---|---|---|---|---|---|
| 2026-02-24 | Quinlan Michael T Jr (EVP, Retail Banking) | Buy | 145.00 | N/A | Common Stock |
| N/A | Quinlan Michael T Jr (EVP, Retail Banking) | Holding | 2,373.71 | N/A | Common Stock |
| 2026-02-24 | Quinlan Michael T Jr (EVP, Retail Banking) | Sell | 145.00 | N/A | Restricted Stock Unit |
| N/A | Quinlan Michael T Jr (EVP, Retail Banking) | Holding | 170.00 | N/A | Restricted Stock Unit |
| N/A | Quinlan Michael T Jr (EVP, Retail Banking) | Holding | 403.00 | N/A | Restricted Stock Unit |
| N/A | Quinlan Michael T Jr (EVP, Retail Banking) | Holding | 696.00 | N/A | Restricted Stock Unit |
| N/A | Quinlan Michael T Jr (EVP, Retail Banking) | Holding | 599.00 | N/A | Restricted Stock Unit |
| 2026-02-24 | LEGGE JEFFREY DALE (EVP, CAO & CIO) | Buy | 163.00 | N/A | Common Stock |
| N/A | LEGGE JEFFREY DALE (EVP, CAO & CIO) | Holding | 8,817.94 | N/A | Common Stock |
| 2026-02-24 | LEGGE JEFFREY DALE (EVP, CAO & CIO) | Sell | 163.00 | N/A | Restricted Stock Unit |
| 2027-02-21 | LEGGE JEFFREY DALE (EVP, CAO & CIO) | Holding | 512.00 | N/A | Stock Option to Buy |
| N/A | LEGGE JEFFREY DALE (EVP, CAO & CIO) | Holding | 164.00 | N/A | Restricted Stock Unit |
| N/A | LEGGE JEFFREY DALE (EVP, CAO & CIO) | Holding | 272.00 | N/A | Restricted Stock Unit |
| N/A | LEGGE JEFFREY DALE (EVP, CAO & CIO) | Holding | 419.00 | N/A | Restricted Stock Unit |
| N/A | LEGGE JEFFREY DALE (EVP, CAO & CIO) | Holding | 346.00 | N/A | Restricted Stock Unit |
| 2026-02-24 | HAGEBOECK CHARLES R (President & CEO) | Buy | 671.00 | N/A | Common Stock |
| N/A | HAGEBOECK CHARLES R (President & CEO) | Holding | 2,134.28 | N/A | Common Stock |
| 2026-02-24 | HAGEBOECK CHARLES R (President & CEO) | Sell | 671.00 | N/A | Restricted Stock Unit |
| N/A | HAGEBOECK CHARLES R (President & CEO) | Holding | 665.00 | N/A | Restricted Stock Unit |
| N/A | HAGEBOECK CHARLES R (President & CEO) | Holding | 1,043.00 | N/A | Restricted Stock Unit |
| N/A | HAGEBOECK CHARLES R (President & CEO) | Holding | 1,627.00 | N/A | Restricted Stock Unit |
| N/A | HAGEBOECK CHARLES R (President & CEO) | Holding | 1,347.00 | N/A | Restricted Stock Unit |
| 2026-02-24 | BUMGARNER DAVID L (EVP & Chief Financial Officer) | Buy | 169.00 | N/A | Common Stock |
| N/A | BUMGARNER DAVID L (EVP & Chief Financial Officer) | Holding | 3,073.73 | N/A | Common Stock |
| N/A | BUMGARNER DAVID L (EVP & Chief Financial Officer) | Holding | 115.00 | N/A | Common Stock |
| 2026-02-24 | BUMGARNER DAVID L (EVP & Chief Financial Officer) | Sell | 169.00 | N/A | Restricted Stock Unit |
| N/A | BUMGARNER DAVID L (EVP & Chief Financial Officer) | Holding | 170.00 | N/A | Restricted Stock Unit |
| N/A | BUMGARNER DAVID L (EVP & Chief Financial Officer) | Holding | 379.00 | N/A | Restricted Stock Unit |
| N/A | BUMGARNER DAVID L (EVP & Chief Financial Officer) | Holding | 615.00 | N/A | Restricted Stock Unit |
| N/A | BUMGARNER DAVID L (EVP & Chief Financial Officer) | Holding | 524.00 | N/A | Restricted Stock Unit |




