Form 4: Stock Yards Bancorp Director Acquires Shares and Holds Stock Appreciation Rights

Director Edwin S. Saunier acquires Stock Yards Bancorp shares and holds stock appreciation rights, as reported in a recent SEC filing.

Summary

• On March 18, 2025, Edwin S. Saunier, a director of Stock Yards Bancorp, Inc. (SYBT), acquired 29 shares of common stock at a price of $69.69 per share.
• Following this transaction, Saunier directly owns 6,156 shares of common stock.
• Saunier also indirectly owns 4,405 shares through a Trust Director Deferred Comp Plan.
• Additionally, Saunier holds stock appreciation rights for 1,000 shares of common stock, granted on July 20, 2022, with an expiration date of July 20, 2031, and an exercise price of $47.17.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of insider trading activity. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the trading activities of company directors. It's common for directors to hold stock and stock-based compensation in the companies they oversee.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding director's investment in the company.

Key Dates

Keywords

Stock Yards Bancorp, SYBT, Form 4, Director, Insider Trading, Beneficial Ownership, Stock Appreciation Rights, Common Stock, SEC Filing