Form 4: Stock Yards Bancorp Director Acquires Shares and Disposes of Shares

Sentiment:

SEC Form 4 Filing


Director Edwin S. Saunier acquired 43 shares of Stock Yards Bancorp common stock at $75.03 per share and disposed of 6,156 shares.

Summary

  • Edwin S. Saunier, a director at Stock Yards Bancorp, engaged in transactions involving the company's common stock.
  • On January 28, 2025, Mr. Saunier acquired 43 shares of common stock at a price of $75.03 per share.
  • On the same day, Mr. Saunier disposed of 6,156 shares of common stock.
  • Following these transactions, Mr. Saunier directly owns 1,000 stock appreciation rights and indirectly owns 4,321 shares through a trust related to the Director Deferred Compensation Plan.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions by a company director, with no inherent positive or negative sentiment.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. It provides transparency into the transactions of company directors.

Comparison to Industry Standards

  • Form 4 filings are a standard practice for publicly traded companies in the United States, ensuring transparency of insider trading.
  • The transactions reported are typical for directors who may receive stock options or grants as part of their compensation.

Stakeholder Impact

  • The transactions may be of interest to shareholders as they provide insight into the trading activity of a company director.

Key Dates

DateDescription
07/20/2022Date the Stock Appreciation Rights became exercisable.
01/28/2025Date of the reported stock acquisition and disposal.
01/29/2025Date the Form 4 was signed.
07/20/2031Expiration date of the Stock Appreciation Rights.

Keywords

Stock Yards Bancorp, Director, Edwin S. Saunier, Share Acquisition, Share Disposal, Common Stock, Stock Appreciation Rights, Director Deferred Compensation Plan, Form 4

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