Form 4: Stock Yards Bancorp Director Acquires Shares Through Trust

Paul J. Bickel III, a director at Stock Yards Bancorp, acquired 70 shares of common stock at $73.28 per share through a trust.

Summary

• Paul J. Bickel III, a director of Stock Yards Bancorp, acquired 70 shares of common stock on November 20, 2024, at a price of $73.28 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 12,988 shares indirectly through a trust, 9,175 shares indirectly through an irrevocable trust, 11,455 shares directly, and 580 shares indirectly through 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 $38.30.

Sentiment

Score: 6

Explanation: The document reflects a routine transaction by a company director, which is neither particularly positive nor negative. It indicates confidence from the director but is not a major event.

Positives

• The director's purchase of shares could be seen as a positive sign of confidence in the company's future.

Industry Context

This is a routine filing related to insider trading activity, which is common in the financial industry. Directors often acquire shares as part of their compensation or investment strategy.

Comparison to Industry Standards

• Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, such as directors, in accordance with SEC regulations.
• The transaction is typical of insider trading activity and is not unusual compared to other financial institutions.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment, as it indicates a director's investment in the company.

Key Dates

Keywords

Stock Yards Bancorp, Director, Share Acquisition, Beneficial Ownership, Trust, Form 4, Stock Appreciation Right, SYBT