Form 4: Stock Yards Bancorp Director Acquires Shares Under Pre-Arranged Plan

Stephen M. Priebe, a Director at Stock Yards Bancorp, Inc., acquired 127 shares of common stock at $76.52 per share through a pre-arranged Rule 10b5-1 deferred compensation plan.

Summary

• Stephen M. Priebe, a Director of Stock Yards Bancorp, Inc. (SYBT), acquired 127 shares of common stock.
• The acquisition occurred on June 12, 2025, at a price of $76.52 per share.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase of equity securities, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
• Following this transaction, Mr. Priebe's indirect beneficial ownership of common stock, held through a Trust-Directors' Deferred Comp Plan, totals 31,921 shares.

Sentiment

Score: 7

Explanation: The sentiment is mildly positive as a director's acquisition of shares, even through a deferred compensation plan, generally signals confidence in the company's prospects and aligns management interests with shareholders.

Positives

• The acquisition of shares by a director, even through a deferred compensation plan, generally indicates continued alignment of interests with shareholders.
• The transaction was conducted under a Rule 10b5-1 plan, which suggests a pre-planned and orderly acquisition strategy.

Future Outlook

This Form 4 filing reports a specific insider transaction and does not contain any forward-looking statements or guidance regarding the company's future performance or strategic outlook.

Industry Context

This filing details a routine insider transaction for a director of a bank holding company. Such transactions, particularly those executed under Rule 10b5-1 plans, are common in the financial services industry as a means for executives and directors to manage their equity holdings and compensation.

Stakeholder Impact

• Shareholders: The transaction increases the director's equity stake, potentially enhancing alignment of interests between management and shareholders.

Key Dates

Keywords

Stock Yards Bancorp, SYBT, Stephen M. Priebe, Director, Insider Transaction, SEC Form 4, Share Acquisition, Deferred Compensation Plan, 10b5-1 Plan, Common Stock