Form 4: Stock Yards Bancorp Director Acquires Shares
Insider Transaction Report
Stock Yards Bancorp Director John Schutte acquired 73 shares of common stock at $77.05, signaling continued confidence.
Summary
- Director John Schutte of Stock Yards Bancorp, Inc. (SYBT) acquired 73 shares of common stock on August 21, 2025.
- The shares were purchased at a price of $77.05 per share.
- Following this transaction, Mr. Schutte directly owns 82,940 shares of common stock.
- Additionally, Mr. Schutte indirectly owns 8,256 shares through a Trust Director Deferred Comp Plan.
- Mr. Schutte also holds 1,000 Stock Appreciation Rights (SARs) with an exercise price of $38.85, exercisable since August 28, 2019, and expiring on August 28, 2028.
Sentiment
Score: 6
Explanation: A director's acquisition of shares, even a small amount, generally signals confidence in the company's future prospects, leading to a slightly positive sentiment.
Positives
- Director John Schutte's acquisition of 73 shares of common stock indicates a positive sentiment and confidence in the company's future performance by an insider.
Future Outlook
The filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This insider transaction is a routine disclosure and does not provide specific insights into broader industry trends or competitive landscape.
Stakeholder Impact
- Shareholders may view the director's purchase as a minor positive signal of management's belief in the company's value.
Key Dates
| Date | Description |
|---|---|
| 08/28/2019 | Date Stock Appreciation Rights became exercisable. |
| 08/21/2025 | Date of common stock acquisition by Director John Schutte. |
| 08/22/2025 | Date the Form 4 was signed by Power of Attorney Donna Cleek. |
| 08/28/2028 | Expiration date of Stock Appreciation Rights. |
Keywords
Stock Yards Bancorp, SYBT, Insider Transaction, Form 4, Director Share Purchase, Common Stock, Stock Appreciation Rights
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