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 $69.69 per share on March 18, 2025.

Summary

  • On March 18, 2025, Paul J. Bickel III, a director of Stock Yards Bancorp, acquired 69 shares of common stock at a price of $69.69 per share.
  • Following this transaction, Bickel's beneficially owned securities include 14,329 shares held in trust, 9,175 shares held in an irrevocable trust, 11,267 directly owned shares, and 580 shares held in a GST exempt trust.
  • Bickel also holds 1,000 stock appreciation rights (SARs) with an exercise price of $38.3, granted on January 16, 2019, and expiring on January 16, 2028.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares at market price suggests confidence, but it's a small transaction.

Positives

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

Industry Context

Insider transactions are often monitored by investors as they can provide insights into management's perspective on the company's valuation and future performance. However, one director's purchase is not necessarily indicative of a broader trend.

Comparison to Industry Standards

  • It's difficult to compare this transaction to industry standards without knowing the specific context of Stock Yards Bancorp's compensation policies and insider trading guidelines.
  • Generally, insider transactions are compared to those of peer companies like First Financial Bancorp, WesBanco, or Farmers National Banc Corp to gauge relative sentiment.

Stakeholder Impact

  • The transaction could have a minor positive impact on shareholder sentiment.

Key Dates

DateDescription
01/16/2019Grant date of Stock Appreciation Right
01/16/2028Expiration date of Stock Appreciation Right
03/18/2025Date of common stock acquisition
03/19/2025Date of signature

Keywords

Stock Yards Bancorp, Director, Share Acquisition, Beneficial Ownership, Stock Appreciation Rights, SYBT

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