Form 4: Stock Yards Bancorp Director Arvin Shannon Bishop Acquires 200 Shares
SEC Form 4 Filing
Director Arvin Shannon Bishop of Stock Yards Bancorp, Inc. (SYBT) purchased 200 shares of common stock at $45.96 per share on March 27, 2024.
Summary
- On March 27, 2024, Arvin Shannon Bishop, a director of Stock Yards Bancorp, Inc. (SYBT), acquired 200 shares of common stock.
- The purchase price was $45.96 per share.
- Following the transaction, Bishop directly owns 4,771 shares of Stock Yards Bancorp common stock.
- Bishop also holds stock appreciation rights (SARs) for 1,000 shares of common stock, granted on July 20, 2022, with an exercise price of $47.17 and an expiration date of July 20, 2031.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, reflecting a neutral sentiment. It simply reports a transaction.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding the transactions of company insiders.
Stakeholder Impact
- The purchase of shares by a director could be viewed positively by shareholders, signaling confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 07/20/2022 | Grant date of Stock Appreciation Right |
| 03/27/2024 | Date of common stock purchase |
| 03/27/2024 | Date of Form 4 filing |
| 07/20/2031 | Expiration date of Stock Appreciation Right |
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.