Form 4: Stock Yards Bancorp Executive Reports Stock Transactions

Michael B. Newton, a Senior Vice President at Stock Yards Bancorp, reported the acquisition and disposal of company stock on February 3, 2025.

Summary

• Michael B. Newton, a Senior Vice President at Stock Yards Bancorp, filed a Form 4 with the SEC.
• The report details changes in his beneficial ownership of Stock Yards Bancorp common stock.
• On February 3, 2025, Newton disposed of 58 shares at a price of $72.88.
• Following the reported transactions, Newton directly owns 2,876 shares and indirectly owns 302 shares through a 401k account.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, ensuring transparency and compliance with securities regulations.

Comparison to Industry Standards

• Form 4 filings are a standard regulatory requirement for publicly traded companies in the United States, ensuring transparency in insider trading activities.
• Similar filings are required for executives at comparable regional banks like Fifth Third Bancorp and PNC Financial Services to report their stock transactions.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• It assures stakeholders that executives are complying with regulations regarding stock ownership.

Key Dates

Keywords

Form 4, Stock Yards Bancorp, SYBT, insider trading, beneficial ownership, stock transaction, SEC filing