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