Insider Trading
Filed: 2026-05-07
Key Insights
- EVP & CFO David L. Bumgarner sold 402 shares of CHCO at $125 per share on May 6, 2026, generating approximately $50,250 in proceeds, indicating a planned or opportunistic sale at current market valuation.
- Bumgarner holds substantial beneficial ownership of 12,632 direct shares plus 3,073 shares via 401(k) plan and 115 shares via IRA, demonstrating meaningful personal investment aligned with shareholder interests.
- The filing shows significant unvested restricted stock units (2,222 total RSUs) with staggered vesting schedules through February 2029, representing future compensation tied to continued employment and company performance.
- The sale represents a routine portfolio adjustment by a CFO rather than a distress signal, as the executive maintains substantial equity ownership while diversifying through a modest single-transaction sale.