Form 4: Stock Yards Bancorp Director Stephen M. Priebe Reports Share Transactions
SEC Form 4 Filing
Director Stephen M. Priebe of Stock Yards Bancorp, Inc. reported acquiring 151 shares and disposing of 5,042 shares of common stock on December 18, 2024.
Summary
- Stephen M. Priebe, a director at Stock Yards Bancorp, Inc., filed a Form 4 disclosing changes in his beneficial ownership of the company's stock.
- On December 18, 2024, Priebe acquired 151 shares of common stock at a price of $71.77 per share.
- On the same day, Priebe disposed of 5,042 shares of common stock held indirectly through a Directors' Deferred Compensation Plan.
- Following these transactions, Priebe's total holdings include 30,053 shares held indirectly through a trust.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of stock transactions by a company director, which is neither positive nor negative in itself.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in the financial industry and is required by the SEC.
Comparison to Industry Standards
- Form 4 filings are standard practice for corporate insiders in the US, and this filing is consistent with those requirements.
- The transactions are typical for directors managing their personal investments and deferred compensation plans.
Stakeholder Impact
- The transactions may have a minor impact on the stock price, but are unlikely to significantly affect stakeholders.
Key Dates
| Date | Description |
|---|---|
| 12/18/2024 | Date of the stock transactions (acquisition and disposal). |
| 12/20/2024 | Date the Form 4 was signed. |
Keywords
Stock Yards Bancorp, SYBT, Form 4, Beneficial Ownership, Director, Stock Transactions, Share Acquisition, Share Disposal, Deferred Compensation Plan
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