Form 4: Stock Yards Bancorp Executive Michael Newton Reports Stock Disposals

Michael Newton, a Senior Vice President at Stock Yards Bancorp, reported the disposal of company stock to cover tax obligations.

Summary

• Michael Newton, a Senior Vice President of Stock Yards Bancorp, filed a Form 4 detailing changes in beneficial ownership.
• The report indicates the disposal of common stock on February 4, 2025, and February 5, 2025, to cover tax obligations.
• On February 4, 2025, 29 shares were disposed of at a price of $74.85.
• On February 5, 2025, 33 shares were disposed of at a price of $76.77.
• Following these transactions, Newton directly owns 2,814 shares of Stock Yards Bancorp common stock.
• Newton also indirectly owns 302 shares through a 401k account.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock disposals for tax purposes, which is neither particularly positive nor negative.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the buying and selling activities of company executives and directors. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The stock disposal has a minimal impact on shareholders as it involves a small number of shares.

Key Dates

Keywords

Form 4, Stock Yards Bancorp, SYBT, Michael Newton, Stock Disposal, Beneficial Ownership, Officer, Securities