Form 4: Stock Yards Bancorp Director Stephen M. Priebe Reports Share Transactions
SEC Form 4 Filing
Director Stephen M. Priebe of Stock Yards Bancorp reported acquiring 86 shares and disposing of 4,865 shares of common stock on January 28, 2025.
Summary
- Stephen M. Priebe, a director at Stock Yards Bancorp, filed a Form 4 indicating changes in his beneficial ownership of the company's stock.
- On January 28, 2025, Priebe acquired 86 shares of common stock at a price of $75.03 per share.
- He also disposed of 4,865 shares of common stock held indirectly through a Directors' Deferred Compensation Plan trust.
- Following these transactions, Priebe's total holdings include 31,240 shares held indirectly through the trust.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions by a company director, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for publicly traded companies. It provides transparency into the transactions of company directors.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
- The transactions are typical for directors who may receive stock as part of their compensation or have deferred compensation plans.
Stakeholder Impact
- The transactions may have a minor impact on shareholders, as they reflect insider activity.
- The filing provides transparency to the market regarding director's stock ownership.
Key Dates
| Date | Description |
|---|---|
| 01/28/2025 | Date of the stock transactions (acquisition and disposal). |
| 01/29/2025 | 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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