Form 4: Stock Yards Bancorp Director Stephen M. Priebe Reports Transactions

Director Stephen M. Priebe reports acquisition of common stock and restricted stock units in Stock Yards Bancorp.

Summary

• On January 2, 2025, Stephen M. Priebe, a director of Stock Yards Bancorp, Inc. [SYBT], acquired 17 shares of common stock at $70.32 per share.
• Priebe also acquired 767 shares of common stock through a restricted stock unit grant with one-year vesting.
• Following these transactions, Priebe directly owns 4,865 shares and indirectly owns 31,155 shares through a trust-Directors' Deferred Comp Plan.
• The indirect holdings include movement of vested restricted stock units deferred and shares acquired through automatic dividend reinvestment.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. Insider buying is generally viewed favorably, but the amounts are not substantial enough to indicate a strong bullish signal.

Positives

• The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future performance.

Future Outlook

The restricted stock units vest in one year.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge sentiment and potential future performance.

Stakeholder Impact

• The transactions may have a minor positive impact on shareholder sentiment.

Key Dates