Form 4: Stock Yards Bancorp Director Acquires Shares

Sentiment:

SEC Form 4 Filing


Paul J. Bickel III, a director at Stock Yards Bancorp, acquired 69 shares of common stock at $62.57 per share on September 18, 2024.

Summary

  • On September 18, 2024, Paul J. Bickel III, a director of Stock Yards Bancorp, acquired 69 shares of common stock at a price of $62.57 per share.
  • Following the transaction, Bickel's beneficial ownership includes 12,757 shares held in trust for the Directors' Deferred Compensation Plan, 9,175 shares held in an irrevocable trust, 11,455 shares held directly, and 580 shares held in a GST Exempt Trust.
  • Bickel also owns 1,000 Stock Appreciation Rights (SARs) with an exercise price of $38.30, granted on January 16, 2019, and expiring on January 16, 2028.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of a director's stock purchase, which could be seen as a positive signal, but it's not a major event.

Positives

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

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company directors and officers, which can be interpreted as a signal of their confidence in the company's prospects.

Stakeholder Impact

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

Key Dates

DateDescription
01/16/2019Grant date of Stock Appreciation Right
01/16/2028Expiration date of Stock Appreciation Right
09/18/2024Date of common stock acquisition
09/19/2024Date of Form 4 filing

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