Form 4: Stock Yards Bancorp Director Acquires Shares Through Trust
SEC Form 4 Filing
Paul J. Bickel III, a director at Stock Yards Bancorp, acquired 60 shares of common stock at $71.77 per share through a trust.
Summary
- Paul J. Bickel III, a director of Stock Yards Bancorp, acquired 60 shares of common stock on December 18, 2024, at a price of $71.77 per share.
- The shares were acquired through a trust, and the transaction was reported on a Form 4 filing with the SEC.
- Following the transaction, Mr. Bickel beneficially owns 13,048 shares indirectly through a trust, 9,175 shares indirectly held in an irrevocable trust, 11,455 shares directly, and 580 shares indirectly held in a GST exempt trust.
- Mr. Bickel also holds a stock appreciation right for 1,000 shares of common stock, exercisable on January 16, 2019, and expiring on January 16, 2028, with an exercise price of $38.3.
Sentiment
Score: 5
Explanation: The document is a routine filing of a director's stock transaction, which is neither positive nor negative in itself.
Positives
- The acquisition of shares by a director may signal confidence in the company's future performance.
Industry Context
This is a routine filing related to insider trading activity, which is common in the financial industry.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the United States, and this filing is consistent with those requirements.
- The transaction is relatively small in terms of the number of shares acquired, which is not unusual for director transactions.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a small acquisition of shares by a director.
Key Dates
| Date | Description |
|---|---|
| 01/16/2019 | Date the Stock Appreciation Right became exercisable. |
| 12/18/2024 | Date of the common stock acquisition. |
| 12/20/2024 | Date the Form 4 was signed. |
| 01/16/2028 | Expiration date of the Stock Appreciation Right. |
Keywords
Stock Yards Bancorp, Director, Share Acquisition, Form 4, Beneficial Ownership, Trust, Stock Appreciation Right, SYBT
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.