Form 4: Stock Yards Bancorp Director John Schutte Acquires Shares
SEC Form 4
Director John Schutte reports acquisition of Stock Yards Bancorp shares on February 21, 2025.
Summary
- On February 21, 2025, John Schutte, a director of Stock Yards Bancorp, Inc. [SYBT], acquired 99 shares of common stock at a price of $72.94 per share.
- Following the transaction, Schutte directly owns 82,940 shares of common stock.
- Schutte also indirectly owns 7,752 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's a routine filing of insider trading activity. The director's purchase could be seen as slightly positive, but it's not a major event.
Positives
- The director's purchase of shares may signal confidence in the company's future prospects.
Industry Context
Insider transactions are closely monitored as they can provide insights into a company's performance and management's confidence.
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. |
| 02/21/2025 | Date of the transaction (acquisition of shares). |
| 02/25/2025 | Date of signature on the Form 4 filing. |
| 08/28/2028 | Expiration date of the Stock Appreciation Right. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.