Form 4: Stock Yards Bancorp Director John Schutte Acquires Shares

Sentiment:

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

DateDescription
08/28/2019Date Stock Appreciation Right was granted
08/28/2028Expiration date of Stock Appreciation Right
05/22/2025Date of transaction: acquisition of common stock
05/23/2025Date 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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