Form 4: Stock Yards Bancorp Director Stephen M. Priebe Reports Transaction
SEC Form 4 Filing
Director Stephen M. Priebe reports acquisition of 148 shares of Stock Yards Bancorp at $62.57 per share and disposal of 5,029 shares from a trust.
Summary
- On September 18, 2024, Stephen M. Priebe, a director of Stock Yards Bancorp, Inc. (SYBT), acquired 148 shares of common stock at a price of $62.57 per share.
- Following this transaction, Priebe directly owns 29,581 shares through a Trust-Directors' Deferred Comp Plan.
- Priebe also disposed of 5,029 shares of common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of insider trading activity. The acquisition and disposal of shares don't necessarily indicate a positive or negative outlook.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders (directors, officers, or those holding more than 10% of a company's shares) transact in their company's stock; these filings provide transparency to the market regarding insider activity.
Stakeholder Impact
- The transaction may be of interest to shareholders as it provides insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 09/18/2024 | Date of transaction: Acquisition of 148 shares and disposal of 5,029 shares. |
| 09/19/2024 | Date of signature on the report. |
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