Form 4: Stock Yards Bancorp Executive Vice President Thomas C. Stinnett Reports Transactions in Company Stock
SEC Form 4
Executive Vice President Thomas C. Stinnett reports the acquisition and disposal of Stock Yards Bancorp (SYBT) common stock on March 25, 2024.
Summary
- On March 25, 2024, Thomas C. Stinnett, an Executive Vice President of Stock Yards Bancorp, acquired 5,617 shares of common stock at a price of $44.89 per share.
- On the same day, Stinnett disposed of 2,622 shares of common stock at $44.89 per share.
- Following these transactions, Stinnett directly owns 58,246 shares of common stock.
- Stinnett also indirectly owns 448 shares through a spouse and 13,235 shares through a KSOP (fbo Thomas Stinnett).
- The report also details Stinnett's holdings of various stock appreciation rights (SARs) with different exercise prices and expiration dates.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by an executive, and doesn't inherently indicate positive or negative sentiment. The transactions themselves are relatively small in the context of the overall outstanding shares.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/15/2017 | Date exercisable for Stock Appreciation Right with expiration date 03/15/2026 and exercise price of $25.76 |
| 03/17/2016 | Date exercisable for Stock Appreciation Right with expiration date 03/17/2025 and exercise price of $22.96 |
| 03/21/2018 | Date exercisable for Stock Appreciation Right with expiration date 03/21/2027 and exercise price of $40 |
| 02/20/2019 | Date exercisable for Stock Appreciation Right with expiration date 02/20/2028 and exercise price of $35.9 |
| 02/19/2020 | Date exercisable for Stock Appreciation Right with expiration date 02/19/2029 and exercise price of $36.65 |
| 05/01/2020 | Date exercisable for Stock Appreciation Right with expiration date 05/01/2029 and exercise price of $38.18 |
| 02/25/2021 | Date exercisable for Stock Appreciation Right with expiration date 02/25/2030 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 |
| 02/14/2023 | Date exercisable for Stock Appreciation Right with expiration date 02/14/2032 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 |
| 02/12/2025 | Date exercisable for Stock Appreciation Right with expiration date 02/12/2034 and exercise price of $47.95 |
| 03/25/2024 | Date of the reported transactions: acquisition and disposal of common stock. |
| 03/27/2024 | Date of signature on the Form 4 filing. |
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