Form 4: Stock Yards Bancorp Director Acquires Shares Through Dividend Reinvestment

Sentiment:

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

DateDescription
01/16/2019Date Stock Appreciation Right was granted
10/16/2024Date of the transaction (share acquisition)
10/17/2024Date of signature on the Form 4 filing
01/16/2028Expiration date of Stock Appreciation Right

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