Form 4: Stock Yards Bancorp President Philip Poindexter Reports Beneficial Ownership Changes
SEC Form 4
Philip Poindexter, President of Stock Yards Bancorp, reports changes in beneficial ownership, including the acquisition of stock appreciation rights.
Summary
- Philip Poindexter, President of Stock Yards Bancorp, filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
- The report includes transactions related to common stock and stock appreciation rights (SARs).
- Poindexter directly owns 51,331 shares of common stock and indirectly owns 14,795 shares through a 401k/ESOP.
- He acquired 4,263 stock appreciation rights with an exercise price of $75.21 on February 10, 2025, exercisable from February 10, 2026, and expiring on February 10, 2035.
- The SARs are linked to 4,263 shares of common stock.
- Poindexter also holds various other SARs with different exercise prices and expiration dates.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Positives
- The acquisition of stock appreciation rights aligns the executive's interests with the company's long-term performance.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock.
Stakeholder Impact
- The filing provides shareholders with information about the transactions of a key executive.
Key Dates
| Date | Description |
|---|---|
| 03/21/2018 | Date of Stock Appreciation Right |
| 02/20/2019 | Date of Stock Appreciation Right |
| 10/01/2019 | Date of Stock Appreciation Right |
| 02/19/2020 | Date of Stock Appreciation Right |
| 02/25/2021 | Date of Stock Appreciation Right |
| 02/25/2022 | Date of Stock Appreciation Right |
| 02/14/2023 | Date of Stock Appreciation Right |
| 02/13/2024 | Date of Stock Appreciation Right |
| 02/12/2025 | Date of Stock Appreciation Right |
| 02/10/2025 | Date of Earliest Transaction |
| 02/10/2025 | Date of Stock Appreciation Right |
| 03/21/2027 | Expiration Date of Stock Appreciation Right |
| 02/20/2028 | Expiration Date of Stock Appreciation Right |
| 10/01/2028 | Expiration Date of Stock Appreciation Right |
| 02/19/2029 | Expiration Date of Stock Appreciation Right |
| 02/25/2030 | Expiration Date of Stock Appreciation Right |
| 02/25/2031 | Expiration Date of Stock Appreciation Right |
| 02/14/2032 | Expiration Date of Stock Appreciation Right |
| 02/13/2033 | Expiration Date of Stock Appreciation Right |
| 02/12/2034 | Expiration Date of Stock Appreciation Right |
| 02/10/2035 | Expiration Date of Stock Appreciation Right |
| 02/10/2026 | Date Exercisable of Stock Appreciation Right |
Keywords
Stock Yards Bancorp, Philip Poindexter, beneficial ownership, Form 4, stock appreciation rights, SAR, common stock, securities, insider trading
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