Form 4: Stock Yards Bancorp Executive Vice President Shannon Budnick Reports Transaction
SEC Form 4 Filing
Executive Vice President Shannon Budnick reports a transaction involving Stock Yards Bancorp common stock.
Summary
- On February 3, 2025, Shannon Budnick, an Executive Vice President at Stock Yards Bancorp, reported a transaction.
- Budnick disposed of 36 shares of common stock at a price of $72.88.
- Following the transaction, Budnick directly owns 7,997 shares of common stock.
- Budnick also indirectly owns 235 shares of common stock through a KSOP-fbo account.
- Budnick holds stock appreciation rights (SARs) for 7,500 shares exercisable from January 3, 2025, at $54.92 and expiring on January 3, 2034.
- Budnick holds stock appreciation rights (SARs) for 2,866 shares exercisable from February 12, 2025, at $47.95 and expiring on February 12, 2034.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects an insider's activity in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 01/03/2025 | Stock Appreciation Right exercisable date |
| 02/03/2025 | Date of transaction |
| 02/04/2025 | Date of signature |
| 02/12/2025 | Stock Appreciation Right exercisable date |
| 01/03/2034 | Stock Appreciation Right expiration date |
| 02/12/2034 | Stock Appreciation Right expiration date |
Keywords
Stock Yards Bancorp, Shannon Budnick, Form 4, Executive Vice President, Stock Appreciation Rights, Common Stock, Transaction, Ownership
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