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

A Stock Yards Bancorp director, John Schutte, acquired 86 shares of common stock and reported existing stock appreciation rights.

Summary

• John Schutte, a director at Stock Yards Bancorp, acquired 86 shares of common stock at a price of $75.03 per share on January 28, 2025.
• Following the transaction, Mr. Schutte directly owns 82,940 shares of common stock.
• Mr. Schutte also indirectly owns 7,653 shares through a trust and a director deferred compensation plan.
• The filing also reports existing stock appreciation rights for 1,000 shares with an exercise price of $38.85, granted on August 28, 2019, and expiring on August 28, 2028.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment. It is a neutral report of a transaction.

Industry Context

This is a routine filing related to insider trading activity, which is common for publicly traded companies. It provides transparency into the transactions of company directors.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, as mandated by the SEC.
• The reporting of stock acquisitions and derivative holdings by directors is a common occurrence across the industry.
• The level of detail provided in this filing is consistent with SEC requirements and industry norms.

Stakeholder Impact

• This filing provides transparency to shareholders regarding the transactions of company directors.
• The acquisition of shares by a director can be seen as a positive sign of confidence in the company.

Key Dates

Keywords

Stock Yards Bancorp, SYBT, insider trading, Form 4, director, stock acquisition, stock appreciation rights, beneficial ownership