Form 4: Stock Yards Bancorp Director John Schutte Acquires Shares
SEC Form 4 Filing
Director John Schutte acquired 118 shares of Stock Yards Bancorp, Inc. at $57.1 per share on August 22, 2024.
Summary
- On August 22, 2024, John Schutte, a director of Stock Yards Bancorp, Inc., acquired 118 shares of common stock at a price of $57.1 per share.
- Following the transaction, Schutte directly owns 82,173 shares of common stock.
- Schutte also indirectly owns 7,186 shares through a trust and a director deferred compensation plan.
- Schutte also owns 1,000 stock appreciation rights.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a routine transaction by a company director. The purchase of shares can be seen as a slightly positive signal, but it's not a major event.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider trading activity is closely monitored as it can provide insights into a company's performance and future prospects. Form 4 filings are a routine part of this monitoring process.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 08/28/2019 | Date Stock Appreciation Right was granted. |
| 08/22/2024 | Date of common stock acquisition. |
| 08/26/2024 | Date of signature on the Form 4 filing. |
| 08/28/2028 | Expiration date of Stock Appreciation Right. |
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