Form 4: Stock Yards Bancorp Director Acquires Shares

Director Paul J. Bickel III of Stock Yards Bancorp acquired 94 shares of common stock at $72.94 per share on February 21, 2025.

Summary

• On February 21, 2025, Paul J. Bickel III, a director of Stock Yards Bancorp, acquired 94 shares of common stock at a price of $72.94 per share.
• Following this transaction, Bickel directly owns 11,267 shares of common stock.
• Bickel also indirectly owns 14,260 shares through a trust, 9,175 shares through the Directors' Deferred Comp Plan, and 580 shares through a GST Exempt Trust.
• Additionally, Bickel holds stock appreciation rights (SARs) for 1,000 shares of common stock with an exercise price of $38.3, expiring on January 16, 2028.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but it's a small transaction. The presence of indirect holdings and stock appreciation rights is typical for executive compensation.

Positives

• The director's purchase of shares may signal confidence in the company's future prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Monitoring these filings can offer insights into management's sentiment and potential future performance.

Comparison to Industry Standards

• Comparing insider transactions at Stock Yards Bancorp to similar regional banks would require analyzing the frequency and size of insider buys and sells across the peer group.
• For example, if other regional bank directors are also increasing their holdings, it could signal a positive outlook for the sector as a whole.
• Conversely, widespread insider selling might indicate concerns about future performance.

Stakeholder Impact

• The director's purchase could have a slightly positive impact on shareholder sentiment.

Key Dates