Form 4: Stock Yards Bancorp Director Increases Stake with Common Stock Acquisition
Insider Transaction Report
Edwin S. Saunier, a Director at Stock Yards Bancorp, Inc., reported the acquisition of 26 shares of common stock at $76.52 per share, increasing his direct and indirect holdings.
Summary
- Edwin S. Saunier, a Director of Stock Yards Bancorp, Inc. (SYBT), acquired 26 shares of common stock.
- The transaction occurred on June 12, 2025, at a price of $76.52 per share.
- Following this transaction, Mr. Saunier directly owns 6,156 shares of Common Stock.
- Additionally, he indirectly owns 4,533 shares of Common Stock through a Trust Director Deferred Comp Plan.
- Mr. Saunier also beneficially owns 1,000 Stock Appreciation Rights (SARs) directly, with an exercise price of $47.17, exercisable from July 20, 2022, and expiring on July 20, 2031.
Sentiment
Score: 7
Explanation: A director's purchase of company stock, even a modest amount, generally indicates confidence in the company's future performance and valuation, which is a positive signal for investors.
Positives
- A director's acquisition of company stock, even a small amount, can signal confidence in the company's current valuation and future prospects.
Future Outlook
N/A
Industry Context
This Form 4 filing reports an individual insider transaction and does not provide broader industry context or trends.
Stakeholder Impact
- Shareholders may interpret the director's stock purchase as a positive indicator of management's belief in the company's value and future prospects.
Key Dates
| Date | Description |
|---|---|
| 07/20/2022 | Date Stock Appreciation Right (SAR) became exercisable. |
| 06/12/2025 | Date of common stock acquisition transaction by Director Edwin S. Saunier. |
| 06/13/2025 | Date the Form 4 filing was signed. |
| 07/20/2031 | Expiration date of the Stock Appreciation Right (SAR). |
Keywords
Stock Yards Bancorp, SYBT, Edwin S. Saunier, Form 4, Insider Trading, Stock Acquisition, Director, Common Stock, Stock Appreciation Right, SEC Filing
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