Not sure if this will answer it: On sheet named ("DataInput"), from a drop-down box in cell $H$3 the user will select the word "Green", "Yellow", or "Red". In cell $H$4 below that, user will see either a Green Circle, Yellow Triangle, or Red X (Webdings Font). The text box on chart (on separate sheet named "GA") is linked to the cell $H$4 on "DataInput" sheet. The text box is updating fine but font color is not matching the Webding Font color seen in cell $H$4.

The conditional formatting is to correctly color the font of the Circle, Triangle or X Webding and is applied to cell $H$4 based on the entry in the drop down box in cell $H$3.