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

Director Paul J. Bickel III acquired 89 shares of Stock Yards Bancorp through the Directors' Deferred Compensation Plan at a price of $48.10 per share.

Summary

• On June 12, 2024, Paul J. Bickel III, a director of Stock Yards Bancorp, Inc. (SYBT), acquired 89 shares of common stock.
• The shares were acquired through the Directors' Deferred Compensation Plan at a price of $48.10 per share.
• Following the transaction, Bickel directly owns 1,000 shares of common stock and indirectly owns 12,369 shares through a trust, 9,175 shares held in an irrevocable trust and 580 shares held in a GST Exempt Trust.
• Bickel also indirectly owns 1,000 stock appreciation rights.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction by a company director, indicating confidence but not necessarily a major shift in outlook.

Positives

• The director's participation in the deferred compensation plan signals confidence in the company's future performance.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholders as it signals insider confidence.

Key Dates