Form 4: Stock Yards Bancorp Executive Vice President Michael Croce Reports Sale of Common Stock

Sentiment:

SEC Form 4 Filing


Michael Croce, Executive Vice President of Stock Yards Bancorp, sold 1,797 shares of common stock at $72.78 per share on November 8, 2024.

Summary

  • On November 8, 2024, Michael Croce, an Executive Vice President at Stock Yards Bancorp, sold 1,797 shares of the company's common stock.
  • The sale price was $72.78 per share.
  • Following the transaction, Croce directly owns 25,920 shares of Stock Yards Bancorp common stock.
  • He also indirectly owns 8,378 shares through a 401k/ESOP.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in the financial industry.

Comparison to Industry Standards

  • Executive stock sales are a normal part of corporate governance and are regularly disclosed via Form 4 filings.
  • Comparing the volume and frequency of such sales to peers like PNC Financial Services or Fifth Third Bancorp would provide context on insider sentiment.

Stakeholder Impact

  • The sale could have a minor impact on shareholder sentiment, depending on how the market interprets the executive's decision to sell shares.

Key Dates

DateDescription
03/15/2017Date of Stock Appreciation Right
02/20/2019Date of Stock Appreciation Right
02/19/2020Date of Stock Appreciation Right
02/25/2021Date of Stock Appreciation Right
02/25/2022Date of Stock Appreciation Right
02/14/2023Date of Stock Appreciation Right
02/13/2024Date of Stock Appreciation Right
11/08/2024Date of stock sale transaction
11/12/2024Date of signature
02/12/2025Date of Stock Appreciation Right
03/15/2026Expiration Date of Stock Appreciation Right
03/21/2027Expiration Date of Stock Appreciation Right
02/20/2028Expiration Date of Stock Appreciation Right
02/19/2029Expiration Date of Stock Appreciation Right
02/25/2030Expiration Date of Stock Appreciation Right
02/25/2031Expiration Date of Stock Appreciation Right
02/14/2032Expiration Date of Stock Appreciation Right
02/13/2033Expiration Date of Stock Appreciation Right
02/12/2034Expiration Date of Stock Appreciation Right

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