Form 4: Stock Yards Bancorp Director Stephen M. Priebe Reports Transaction
SEC Form 4
Director Stephen M. Priebe reports acquisition of 211 shares of Stock Yards Bancorp at $43.85 and disposal of 4,999 shares from a trust.
Summary
- On March 19, 2024, Stephen M. Priebe, a director of Stock Yards Bancorp, Inc. (SYBT), acquired 211 shares of common stock at a price of $43.85 per share.
- Following this transaction, Priebe indirectly owns 28,415 shares through a Directors' Deferred Comp Plan trust.
- Priebe also disposed of 4,999 shares of common stock from the Directors' Deferred Comp Plan trust.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard transaction disclosure. The acquisition of shares by a director could be seen as a slightly positive signal, but the disposal of shares from a trust offsets this.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This allows the market to see how directors and officers are trading their company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/19/2024 | Date of transaction: acquisition of 211 shares and disposal of 4,999 shares. |
| 03/20/2024 | Date of signature by Power of Attorney. |
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