Form 4: Stock Yards Bancorp Director David Heintzman Sells Shares and Makes Charitable Donation

Stock Yards Bancorp director David Heintzman sold 8,000 shares and gifted 1,000 shares to a charitable organization.

Summary

• David Heintzman, a director at Stock Yards Bancorp, sold 8,000 shares of common stock at a price of $76.7531 per share on November 12, 2024.
• He also gifted 1,000 shares of common stock to a charitable organization on November 13, 2024.
• Following these transactions, Mr. Heintzman directly owns 21,150 shares of Stock Yards Bancorp common stock.
• He also indirectly owns 97,070 shares through a family gift trust.
• Mr. Heintzman also holds stock appreciation rights for 12,883 shares.

Sentiment

Score: 5

Explanation: The document is a routine filing of insider transactions, which is neither positive nor negative in itself. The sale and donation are normal activities for a director.

Industry Context

This is a standard SEC Form 4 filing, which is required when company insiders trade shares. It provides transparency into the transactions of company directors.

Comparison to Industry Standards

• Form 4 filings are a common occurrence for publicly traded companies, and this filing is consistent with standard practices.
• The transactions are typical for directors managing their personal portfolios and do not indicate any unusual activity compared to similar filings from other financial institutions.

Stakeholder Impact

• The sale of shares by a director may have a minor impact on shareholder sentiment, but is unlikely to have a significant effect on the share price.
• The charitable donation is a positive action for the community.

Key Dates

Keywords

Stock Yards Bancorp, David Heintzman, insider trading, share sale, charitable donation, stock appreciation rights, Form 4