Form 4: Stock Yards Bancorp Executive Vice President Thomas Stinnett Reports Stock Option Exercise and Share Transactions
SEC Form 4
Executive Vice President Thomas C. Stinnett of Stock Yards Bancorp, Inc. reports exercising stock appreciation rights and related share transactions.
Summary
- On July 30, 2024, Thomas C. Stinnett, an Executive Vice President at Stock Yards Bancorp, Inc., exercised stock appreciation rights, acquiring 5,481 shares of common stock at a price of $22.96.
- Following the exercise, Stinnett disposed of 3,591 shares to cover the exercise cost at $62.51.
- After these transactions, Stinnett directly owns 60,385 shares of common stock.
- Stinnett also indirectly owns 448 shares through a spouse and 13,235 shares through a KSOP.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't convey any particular positive or negative sentiment about the company's performance or outlook.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. These filings provide transparency into the trading activities of company executives and directors.
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 |
|---|---|
| 03/15/2017 | Date exercisable for Stock Appreciation Right at $25.76 |
| 03/17/2016 | Date exercisable for Stock Appreciation Right at $22.96 |
| 03/21/2018 | Date exercisable for Stock Appreciation Right at $40 |
| 02/20/2019 | Date exercisable for Stock Appreciation Right at $35.9 |
| 02/19/2020 | Date exercisable for Stock Appreciation Right at $36.65 |
| 05/01/2020 | Date exercisable for Stock Appreciation Right at $38.18 |
| 02/25/2021 | Date exercisable for Stock Appreciation Right at $37.3 |
| 02/25/2022 | Date exercisable for Stock Appreciation Right at $50.71 |
| 02/14/2023 | Date exercisable for Stock Appreciation Right at $54.91 |
| 02/13/2024 | Date exercisable for Stock Appreciation Right at $60.76 |
| 02/12/2025 | Date exercisable for Stock Appreciation Right at $47.95 |
| 03/15/2026 | Expiration date for Stock Appreciation Right at $25.76 |
| 03/17/2025 | Expiration date for Stock Appreciation Right at $22.96 |
| 03/21/2027 | Expiration date for Stock Appreciation Right at $40 |
| 02/20/2028 | Expiration date for Stock Appreciation Right at $35.9 |
| 02/19/2029 | Expiration date for Stock Appreciation Right at $36.65 |
| 05/01/2029 | Expiration date for Stock Appreciation Right at $38.18 |
| 02/25/2030 | Expiration date for Stock Appreciation Right at $37.3 |
| 02/25/2031 | Expiration date for Stock Appreciation Right at $50.71 |
| 02/14/2032 | Expiration date for Stock Appreciation Right at $54.91 |
| 02/13/2033 | Expiration date for Stock Appreciation Right at $60.76 |
| 02/12/2034 | Expiration date for Stock Appreciation Right at $47.95 |
| 07/30/2024 | Date of stock appreciation right exercise and share transactions. |
| 08/01/2024 | Date of signature for the report. |
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