Form 4: Stock Yards Bancorp Director John Schutte Increases Stake with Common Stock Acquisition

Stock Yards Bancorp, Inc. Director John Schutte reported the acquisition of 63 shares of common stock at $76.52 per share, increasing his direct beneficial ownership.

Summary

• John Schutte, a Director of Stock Yards Bancorp, Inc. (SYBT), reported a transaction on June 12, 2025.
• The transaction involved the acquisition of 63 shares of Stock Yards Bancorp, Inc. common stock.
• The shares were acquired at a price of $76.52 per share.
• Following this transaction, Mr. Schutte directly beneficially owns 82,940 shares of Common Stock.
• Additionally, Mr. Schutte indirectly beneficially owns 8,070 shares of Common Stock through a Trust Director Deferred Comp Plan.
• The filing also notes ownership of 1,000 Stock Appreciation Rights (SARs) with an exercise price of $38.85, which became exercisable on August 28, 2019, and expire on August 28, 2028.

Sentiment

Score: 7

Explanation: The acquisition of additional shares by a director, while small in quantity, generally signals confidence in the company's future performance, which is a positive indicator for investors.

Positives

• Director John Schutte acquired additional shares of Stock Yards Bancorp, Inc. common stock, which typically indicates confidence in the company's future performance and value.

Future Outlook

NA

Industry Context

This filing is a routine insider transaction report for a financial institution and does not provide broader industry context or trends beyond the specific company's insider activity.

Related Party Transactions

• Director John Schutte acquired 63 shares of common stock from Stock Yards Bancorp, Inc. at a price of $76.52 per share, which is a related party transaction as per SEC regulations.

Stakeholder Impact

• Shareholders: The acquisition of shares by a director may be viewed positively as a sign of management's confidence in the company's value and future prospects.

Key Dates

Recommendation

Keywords

Stock Yards Bancorp, SYBT, Form 4, Insider Transaction, Director Stock Acquisition, Beneficial Ownership, Financial Services