Form 4: Stock Yards Bancorp Executive Vice President Sells Shares
SEC Form 4 Filing
Michael Rehm, Executive Vice President of Stock Yards Bancorp, sold 2,650 shares of common stock at $74.813 per share on November 21, 2024.
Summary
- Michael Rehm, an Executive Vice President at Stock Yards Bancorp, sold 2,650 shares of the company's common stock on November 21, 2024.
- The sale price was $74.813 per share.
- Following the transaction, Mr. Rehm directly owns 16,927 shares of Stock Yards Bancorp common stock.
- Mr. Rehm also indirectly owns 2,325 shares through a 401K/ESOP.
Sentiment
Score: 5
Explanation: The document is a neutral report of an insider stock sale, which is a common occurrence. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. It provides transparency into the transactions of key personnel.
Comparison to Industry Standards
- Form 4 filings are a standard practice for publicly traded companies in the United States, ensuring transparency of insider transactions.
- The sale by Michael Rehm is similar to other executive stock sales, which are often part of personal financial planning or diversification strategies.
- The price of $74.813 per share is a specific data point for this transaction, and would need to be compared to the broader market and Stock Yards Bancorp's historical trading data to assess its significance.
Stakeholder Impact
- The sale of shares by an executive may be of interest to shareholders, but it is a common occurrence and does not necessarily indicate a change in the company's outlook.
Key Dates
| Date | Description |
|---|---|
| 02/19/2020 | Date of exercisable for Stock Appreciation Right with expiration date 02/19/2029 |
| 02/25/2021 | Date of exercisable for Stock Appreciation Right with expiration date 02/25/2030 |
| 02/25/2022 | Date of exercisable for Stock Appreciation Right with expiration date 02/25/2031 |
| 02/14/2023 | Date of exercisable for Stock Appreciation Right with expiration date 02/14/2032 |
| 02/13/2024 | Date of exercisable for Stock Appreciation Right with expiration date 02/13/2033 |
| 11/21/2024 | Date of the stock sale and filing of this Form 4. |
| 02/12/2025 | Date of exercisable for Stock Appreciation Right with expiration date 02/12/2034 |
Keywords
Stock Yards Bancorp, insider trading, executive sale, common stock, Form 4, SYBT, Michael Rehm
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.