Form 4: Stock Yards Bancorp Director Acquires Shares Through Deferred Compensation Plan

Paul J. Bickel III, a director at Stock Yards Bancorp, acquired 91 shares of common stock through the Directors' Deferred Compensation Plan on January 28, 2025.

Summary

• Paul J. Bickel III, a director of Stock Yards Bancorp, acquired 91 shares of common stock on January 28, 2025.
• The shares were acquired through the Directors' Deferred Compensation Plan at a price of $75.03 per share.
• Following the transaction, Mr. Bickel beneficially owns 14,167 shares indirectly through a trust, 9,175 shares indirectly through an irrevocable trust, 11,267 shares directly, and 580 shares indirectly through a GST Exempt Trust.
• Mr. Bickel also holds stock appreciation rights for 1,000 shares of common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, which is generally neutral to positive. The director's acquisition of shares can be seen as a positive sign of confidence in the company.

Positives

• The acquisition of shares by a director can be seen as a positive sign of confidence in the company's future.

Industry Context

This is a routine filing related to a director's stock acquisition, which is common in the financial industry.

Comparison to Industry Standards

• Director share acquisitions are a common practice across the financial industry, often as part of compensation or deferred compensation plans.
• Many financial institutions use stock-based compensation to align the interests of management and shareholders.
• The specific details of the deferred compensation plan would need to be compared to similar plans at peer institutions to assess its competitiveness.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it indicates a director's confidence in the company.

Key Dates

Keywords

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