Form 4: Stock Yards Bancorp Director Acquires Shares Through Dividend Reinvestment
SEC Form 4 Filing
Director Paul J. Bickel III acquired 96 shares of Stock Yards Bancorp, Inc. at $66.15 per share through automatic dividend reinvestment on October 16, 2024.
Summary
- On October 16, 2024, Paul J. Bickel III, a director of Stock Yards Bancorp, Inc., acquired 96 shares of common stock at a price of $66.15 per share.
- The acquisition was made through automatic dividend reinvestment.
- Following the transaction, Bickel directly owns 12,918 shares and indirectly owns shares through various trusts and deferred compensation plans.
- Bickel also owns 1,000 stock appreciation rights.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The director's acquisition of shares through dividend reinvestment is a routine transaction and suggests confidence in the company, but it's not a major event.
Positives
- The director's acquisition of shares through dividend reinvestment signals confidence in the company's future performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's continued investment in the company.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it reflects insider confidence.
Key Dates
| Date | Description |
|---|---|
| 01/16/2019 | Date Stock Appreciation Right was granted |
| 10/16/2024 | Date of the transaction (share acquisition) |
| 10/17/2024 | Date of signature on the Form 4 filing |
| 01/16/2028 | Expiration date of Stock Appreciation Right |
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