Form 4: Stock Yards Bancorp Director John Schutte Acquires Shares
SEC Form 4 Filing
Director John Schutte acquired 69 shares of Stock Yards Bancorp at $69.69 per share on March 18, 2025.
Summary
- On March 18, 2025, John Schutte, a director of Stock Yards Bancorp, Inc. acquired 69 shares of common stock at a price of $69.69 per share.
- Following the transaction, Schutte directly owns 82,940 shares of common stock.
- Schutte also indirectly owns 7,821 shares through a trust and a director deferred compensation plan.
- Schutte also owns 1,000 Stock Appreciation Rights.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a director's stock purchase, which is neutral in sentiment.
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 transactions in the company's stock.
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 |
| 08/28/2028 | Expiration date of Stock Appreciation Right |
| 03/18/2025 | Date of transaction (acquisition of shares) |
| 03/19/2025 | Date of signature on the Form 4 |
Keywords
Stock Yards Bancorp, SYBT, Form 4, Beneficial Ownership, Director, John Schutte, Stock Acquisition, Insider Trading
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