SYBT.NASDAQStock Yards Bancorp, INC
Form 4: Stock Yards Bancorp Executive Vice President Michael Croce Reports Stock Transactions
Sentiment:
SEC Form 4 Filing
Executive Vice President Michael Croce of Stock Yards Bancorp, Inc. reports acquisition and disposal of company stock and stock appreciation rights.
Summary
- Michael Croce, an Executive Vice President at Stock Yards Bancorp, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On September 17, 2024, Croce acquired 4,236 shares of common stock at $22.96 per share.
- Also on September 17, 2024, Croce disposed of 2,777 shares of common stock at $61.19 per share.
- Following these transactions, Croce directly owns 27,615 shares of common stock.
- Croce also indirectly owns 8,378 shares of common stock through a 401k/ESOP.
- The filing also details transactions involving stock appreciation rights (SARs).
- Croce exercised 4,236 stock appreciation rights with an exercise price of $22.96.
- The filing lists multiple stock appreciation rights with varying exercise prices and expiration dates.
Sentiment
Score: 5
Explanation: This is a routine filing of stock transactions by an executive, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into management's perspective on the company's stock value.
- The transactions have no immediate impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 02/20/2019 | Date exercisable for Stock Appreciation Right with expiration date 02/20/2028 and exercise price of $35.9 |
| 02/20/2028 | Expiration date for Stock Appreciation Right with date exercisable 02/20/2019 and exercise price of $35.9 |
| 03/17/2016 | Date exercisable for Stock Appreciation Right with expiration date 03/17/2025 and exercise price of $22.96 |
| 03/17/2025 | Expiration date for Stock Appreciation Right with date exercisable 03/17/2016 and exercise price of $22.96 |
| 03/15/2017 | Date exercisable for Stock Appreciation Right with expiration date 03/15/2026 and exercise price of $25.76 |
| 03/15/2026 | Expiration date for Stock Appreciation Right with date exercisable 03/15/2017 and exercise price of $25.76 |
| 03/21/2018 | Date exercisable for Stock Appreciation Right with expiration date 03/21/2027 and exercise price of $40 |
| 03/21/2027 | Expiration date for Stock Appreciation Right with date exercisable 03/21/2018 and exercise price of $40 |
| 02/19/2020 | Date exercisable for Stock Appreciation Right with expiration date 02/19/2029 and exercise price of $36.65 |
| 02/19/2029 | Expiration date for Stock Appreciation Right with date exercisable 02/19/2020 and exercise price of $36.65 |
| 02/25/2021 | Date exercisable for Stock Appreciation Right with expiration date 02/25/2030 and exercise price of $37.3 |
| 02/25/2030 | Expiration date for Stock Appreciation Right with date exercisable 02/25/2021 and exercise price of $37.3 |
| 02/25/2022 | Date exercisable for Stock Appreciation Right with expiration date 02/25/2031 and exercise price of $50.71 |
| 02/25/2031 | Expiration date for Stock Appreciation Right with date exercisable 02/25/2022 and exercise price of $50.71 |
| 02/14/2023 | Date exercisable for Stock Appreciation Right with expiration date 02/14/2032 and exercise price of $54.91 |
| 02/14/2032 | Expiration date for Stock Appreciation Right with date exercisable 02/14/2023 and exercise price of $54.91 |
| 02/13/2024 | Date exercisable for Stock Appreciation Right with expiration date 02/13/2033 and exercise price of $60.76 |
| 02/13/2033 | Expiration date for Stock Appreciation Right with date exercisable 02/13/2024 and exercise price of $60.76 |
| 02/12/2025 | Date exercisable for Stock Appreciation Right with expiration date 02/12/2034 and exercise price of $47.95 |
| 02/12/2034 | Expiration date for Stock Appreciation Right with date exercisable 02/12/2025 and exercise price of $47.95 |
| 09/17/2024 | Date of earliest transaction: Acquisition of 4,236 shares at $22.96 and disposal of 2,777 shares at $61.19. |
| 09/19/2024 | Date of signature by Power of Attorney. |
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