Form 4: Stock Yards Bancorp Director Stephen M. Priebe Reports Transaction
SEC Form 4 Filing
Director Stephen M. Priebe reports acquisition of Stock Yards Bancorp common stock and disposal from a deferred compensation plan.
Summary
- On May 23, 2024, Stephen M. Priebe, a director of Stock Yards Bancorp, Inc. (SYBT), reported a transaction.
- Priebe acquired 110 shares of common stock at a price of $46.44 per share.
- Priebe also disposed of 4,999 shares of common stock from the Directors' Deferred Comp Plan.
- Following the reported transactions, Priebe beneficially owns 28,814 shares indirectly through a trust.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard transaction report. The acquisition of shares could be seen as slightly positive, but the disposal from the deferred compensation plan offsets this.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. These filings are closely watched by investors for signals about management's view of the company's prospects.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 05/23/2024 | Date of transaction: acquisition of 110 shares and disposal of 4,999 shares. |
| 05/28/2024 | Date of signature by Power of Attorney. |
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