Form 4: Stock Yards Bancorp Director Edwin S. Saunier Acquires Shares
SEC Form 4 Filing
Director Edwin S. Saunier of Stock Yards Bancorp, Inc. acquired 65 shares of common stock at $46.44 per share on May 23, 2024.
Summary
- On May 23, 2024, Edwin S. Saunier, a director of Stock Yards Bancorp, Inc., acquired 65 shares of common stock at a price of $46.44 per share.
- Following this transaction, Saunier directly owns 6,344 shares of common stock.
- Saunier also indirectly owns 2,945 shares through a Trust-Directors' Deferred Comp Plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a transaction. It's a routine filing and doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's stock. This filing indicates a director's continued investment in the company.
Stakeholder Impact
- The transaction could have a slightly positive impact on shareholders as it signals confidence from a director in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 07/20/2022 | Date Stock Appreciation Right was granted. |
| 05/23/2024 | Date of the transaction where Edwin S. Saunier acquired 65 shares of common stock. |
| 05/28/2024 | Date of signature on the Form 4 filing. |
| 07/20/2031 | Expiration date of Stock Appreciation Right. |
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