Form 4: Stock Yards Bancorp President Philip Poindexter Sells Shares
SEC Form 4
Philip Poindexter, President of Stock Yards Bancorp, sold 2,815 shares of common stock at a price of $55.9753 per share on August 5, 2024.
Summary
- On August 5, 2024, Philip Poindexter, the President of Stock Yards Bancorp, sold 2,815 shares of the company's common stock.
- The sale was executed at a price of $55.9753 per share.
- Following the transaction, Poindexter directly owns 51,331 shares of Stock Yards Bancorp common stock.
- He also indirectly owns 14,522 shares through a 401k/ESOP.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock sale by an insider. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity, which is common in the financial industry. Investors often monitor these filings for signals about management's view of the company's prospects.
Stakeholder Impact
- The sale of shares by a company president could be perceived negatively by some shareholders, potentially leading to a slight decrease in stock price.
Key Dates
| Date | Description |
|---|---|
| 02/20/2019 | Date exercisable for Stock Appreciation Right |
| 03/15/2017 | Date exercisable for Stock Appreciation Right |
| 03/21/2018 | Date exercisable for Stock Appreciation Right |
| 10/01/2019 | Date exercisable for Stock Appreciation Right |
| 02/19/2020 | Date exercisable for Stock Appreciation Right |
| 02/25/2021 | Date exercisable for Stock Appreciation Right |
| 02/25/2022 | Date exercisable for Stock Appreciation Right |
| 02/14/2023 | Date exercisable for Stock Appreciation Right |
| 02/13/2024 | Date exercisable for Stock Appreciation Right |
| 08/05/2024 | Date of stock sale |
| 08/05/2024 | Date of Form 4 filing |
| 02/12/2025 | Date exercisable for Stock Appreciation Right |
| 03/15/2026 | Expiration date for Stock Appreciation Right |
| 03/21/2027 | Expiration date for Stock Appreciation Right |
| 02/20/2028 | Expiration date for Stock Appreciation Right |
| 10/01/2028 | Expiration date for Stock Appreciation Right |
| 02/19/2029 | Expiration date for Stock Appreciation Right |
| 02/25/2030 | Expiration date for Stock Appreciation Right |
| 02/25/2031 | Expiration date for Stock Appreciation Right |
| 02/14/2032 | Expiration date for Stock Appreciation Right |
| 02/13/2033 | Expiration date for Stock Appreciation Right |
| 02/12/2034 | Expiration date for Stock Appreciation Right |
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