Form 4: Stock Yards Bancorp Director Edwin S. Saunier Reports Acquisition of Shares
SEC Form 4 Filing
Director Edwin S. Saunier reports acquisition of Stock Yards Bancorp shares through a direct purchase and holdings in a Director Deferred Comp Plan.
Summary
- Edwin S. Saunier, a director of Stock Yards Bancorp, Inc. (SYBT), reported a transaction on February 21, 2025.
- Saunier acquired 56 shares of common stock at a price of $72.94 per share.
- Following the transaction, Saunier directly owns 6,156 shares of common stock.
- Saunier also indirectly owns 4,377 shares through a Trust Director Deferred Comp Plan.
- Saunier also owns 1,000 Stock Appreciation Rights.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine disclosure of insider trading activity. The purchase of shares could be seen as slightly positive, but it's a small transaction.
Positives
- The director's purchase of shares may signal confidence in the company's future performance.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 07/20/2022 | Date Stock Appreciation Right was granted. |
| 02/21/2025 | Date of the transaction (acquisition of shares). |
| 02/25/2025 | Date of signature on the Form 4 filing. |
| 07/20/2031 | Expiration date of the Stock Appreciation Right. |
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