Form 4: Stock Yards Bancorp Director Acquires Additional Shares

Sentiment:

Insider Trading Report


Stock Yards Bancorp, Inc. Director Edwin S. Saunier acquired 41 shares of common stock at $78.54 per share on July 17, 2025, increasing his direct holdings.

Summary

  • Edwin S. Saunier, a Director of Stock Yards Bancorp, Inc. (SYBT), acquired 41 shares of common stock on July 17, 2025.
  • The acquisition was made at a price of $78.54 per share.
  • Following this transaction, Mr. Saunier directly holds 6,156 shares of common stock.
  • Additionally, Mr. Saunier indirectly holds 4,592 shares of common stock through a Trust Director Deferred Comp Plan, which includes shares acquired through automatic dividend reinvestment.
  • Mr. Saunier also beneficially owns 1,000 Stock Appreciation Rights (SARs) with an exercise price of $47.17, which became exercisable on July 20, 2022, and expire on July 20, 2031.

Sentiment

Score: 6

Explanation: The acquisition of shares by a director, even a small amount, is generally a positive signal of confidence in the company's prospects. The inclusion of dividend reinvestment in indirect holdings also indicates continued investment.

Positives

  • A director's acquisition of shares, even a small amount, can signal confidence in the company's future prospects.
  • The indirect holdings include shares acquired through automatic dividend reinvestment, indicating a long-term investment strategy and continued commitment.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of an insider transaction and does not provide broader industry context or trends. It reflects an individual director's activity within the financial services sector.

Related Party Transactions

  • The document details an acquisition of common stock by Edwin S. Saunier, a Director of Stock Yards Bancorp, Inc., which constitutes an insider transaction.

Stakeholder Impact

  • Shareholders may view the director's purchase as a minor positive signal, indicating management's belief in the company's value.

Key Dates

DateDescription
07/20/2022Date Stock Appreciation Right became exercisable.
07/17/2025Date of common stock acquisition by Edwin S. Saunier.
07/18/2025Date the Form 4 filing was signed.
07/20/2031Expiration date of the Stock Appreciation Right.

Recommendation

hold

Keywords

Stock Yards Bancorp, SYBT, Form 4, insider trading, director stock acquisition, common stock, stock appreciation right, beneficial ownership

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