Form 4: Stock Yards Bancorp Director Acquires Shares
SEC Form 4 Filing
Director Edwin S. Saunier acquired 34 shares of Stock Yards Bancorp, Inc. at $62.57 per share on September 18, 2024.
Summary
- On September 18, 2024, Edwin S. Saunier, a director of Stock Yards Bancorp, Inc., purchased 34 shares of common stock at a price of $62.57 per share.
- Following the transaction, Saunier directly owns 6,344 shares of common stock.
- Saunier also indirectly owns 3,160 shares through a Directors' Deferred Compensation Plan trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to insider trading. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about a director's stock purchase.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor confidence levels and potential future performance.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder confidence, as it indicates a director's investment in the company.
Key Dates
| Date | Description |
|---|---|
| 07/20/2022 | Date Stock Appreciation Right was exercisable |
| 09/18/2024 | Date of transaction: acquisition of 34 shares of common stock |
| 09/19/2024 | Date of signature for the Form 4 filing |
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