Form 4: Stock Yards Bancorp Director Acquires Shares
SEC Form 4
Director Arvin Shannon Bishop acquired 767 shares of Stock Yards Bancorp (SYBT) common stock on January 2, 2025.
Summary
- On January 2, 2025, Arvin Shannon Bishop, a director of Stock Yards Bancorp, acquired 767 shares of common stock.
- The shares were acquired directly.
- Following the transaction, Bishop directly owns 5,538 shares of Stock Yards Bancorp common stock.
- Bishop also holds 1,000 Stock Appreciation Rights (SARs) with an exercise price of $47.17, granted on July 20, 2022, and expiring on July 20, 2031.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing indicating a director's stock acquisition, which can be seen as mildly positive but doesn't provide strong evidence for a bullish or bearish outlook.
Positives
- A director's acquisition of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 07/20/2022 | Grant date of Stock Appreciation Rights |
| 01/02/2025 | Date of stock acquisition |
| 01/03/2025 | Date of signature on the Form 4 filing |
| 07/20/2031 | Expiration date of Stock Appreciation Rights |
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