Form 4: Stock Yards Bancorp Director Acquires Shares Through Trust

Sentiment:

SEC Form 4 Filing


Paul J. Bickel III, a director at Stock Yards Bancorp, acquired 98 shares of common stock at $43.85 per share through a trust on March 19, 2024.

Summary

  • On March 19, 2024, Paul J. Bickel III, a director of Stock Yards Bancorp, acquired 98 shares of common stock at a price of $43.85 per share.
  • The acquisition was made through a trust.
  • Following the transaction, Bickel's beneficial ownership includes 11,958 shares held indirectly through a Directors' Deferred Comp Plan, 9,175 shares held in an irrevocable trust, and 580 shares held in a GST Exempt Trust.
  • Bickel also holds 1,000 Stock Appreciation Rights.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing a director's stock acquisition. It doesn't inherently convey strong positive or negative sentiment.

Positives

  • The director's purchase of shares could be seen as a positive signal to the market.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company insiders, such as directors, and their confidence in the company's prospects.

Stakeholder Impact

  • The transaction may have a minor positive impact on shareholder sentiment.

Key Dates

DateDescription
01/16/2019Grant date of Stock Appreciation Right
03/19/2024Date of common stock acquisition
03/20/2024Date of signature for the filing

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