Form 4: Stock Yards Bancorp Director John Schutte Acquires Shares
SEC Form 4 Filing
Director John Schutte reports acquisition of Stock Yards Bancorp shares through a recent transaction.
Summary
- On May 22, 2025, John Schutte, a director of Stock Yards Bancorp, Inc. [SYBT], acquired 76 shares of common stock at a price of $73.58 per share.
- Following this transaction, Schutte directly owns 82,940 shares of common stock.
- Schutte also indirectly owns 8,007 shares through a trust and a director deferred compensation plan.
- Schutte also owns 1,000 stock appreciation rights.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a routine disclosure of share acquisition by a director. The purchase itself can be seen as a slightly positive signal.
Positives
- The director's purchase of shares may signal confidence in the company's future performance.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company insiders, such as directors, and their confidence 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 |
| 05/22/2025 | Date of transaction: acquisition of common stock |
| 05/23/2025 | Date of signature for the report |
Keywords
Stock Yards Bancorp, SYBT, John Schutte, Director, Share Acquisition, Form 4, Beneficial Ownership, Stock Appreciation Rights
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