Form 4: Director Boosts SYBT Stake with Common Stock Purchase

Sentiment:

Insider Transaction Report 20 November 2025 11:33 AM

📋All filings for Stock Yards Bancorp, INC

Stock Yards Bancorp Director Paul J Bickel III acquired 125 shares of common stock at $64.97, increasing his beneficial ownership.

Summary

Paul J Bickel III, a Director of Stock Yards Bancorp, Inc. (SYBT), reported a transaction on November 19, 2025.
He acquired 125 shares of Common Stock at a price of $64.97 per share.
Following this transaction, his direct beneficial ownership of Common Stock is 11,267 shares.
His indirect beneficial ownership includes 15,203 shares in a Trust Directors' Deferred Comp Plan, 9,175 shares in an Irrevocable Trust, and 580 shares in a GST Exempt Trust.
He also beneficially owns 1,000 Stock Appreciation Rights (SARs) directly, with an exercise price of $38.3, exercisable from January 16, 2019, and expiring on January 16, 2028.

Sentiment

Score: 7

Explanation: The director's purchase of common stock indicates a positive sentiment towards the company's future performance, as insiders typically buy when they believe the stock is undervalued or has strong growth potential.

Positives

A company director, Paul J Bickel III, acquired 125 shares of common stock, indicating confidence in the company's future prospects.
The acquisition was made at a price of $64.97 per share.

Future Outlook

Industry Context

Stakeholder Impact

Shareholders: May view the director's purchase as a positive signal, potentially increasing confidence in the stock.

Key Dates

Date	Description
01/16/2019	Date Stock Appreciation Right became exercisable.
11/19/2025	Date of common stock acquisition transaction.
11/20/2025	Signature date of the reporting person.
01/16/2028	Expiration date of Stock Appreciation Right.

Recommendation

hold

The director's acquisition of common stock at $64.97 per share is a positive signal, indicating management's confidence in Stock Yards Bancorp's valuation and future prospects. However, this single transaction, while favorable, does not provide sufficient information to warrant a 'buy' or 'strong buy' recommendation without a more comprehensive analysis of the company's financials, market conditions, and strategic outlook. Therefore, a 'hold' recommendation is appropriate, acknowledging the positive insider sentiment while awaiting further fundamental data.

Keywords

Stock Yards Bancorp, SYBT, Insider Trading, Form 4, Director Stock Purchase, Beneficial Ownership, Common Stock, Stock Appreciation Rights

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.