High turnout at Stock Yards Bancorp (SYBT) 2026 shareholder meeting
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Stock Yards Bancorp, Inc. reported the results of its 2026 annual meeting of shareholders held on April 23, 2026. Shareholders owning 25,371,147 shares, or 85.96% of the 29,511,958 shares outstanding as of the February 27, 2026 record date, were represented in person or by proxy.
All director nominees, including Shannon B. Arvin, Allison J. Donovan, David L. Hardy, Carl G. Herde, James A. Hillebrand, Richard A. Lechleiter, Philip S. Poindexter, Stephen M. Priebe and Edwin S. Saunier, received more votes for than against and were elected. Shareholders also approved two additional proposals by wide margins based on the reported vote totals.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 5.07, 9.01
2 items
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Shares outstanding: 29,511,958 shares
Shares represented: 25,371,147 shares
Turnout: 85.96%
+5 more
8 metrics
Shares outstanding
29,511,958 shares
Common Stock outstanding as of February 27, 2026 record date
Shares represented
25,371,147 shares
Represented at Annual Meeting; 85.96% of outstanding shares
Turnout
85.96%
Percent of outstanding common shares represented at Annual Meeting
Proposal 2 votes for
24,983,466 votes
Votes for Proposal 2 at 2026 Annual Meeting
Proposal 2 votes against
362,560 votes
Votes against Proposal 2 at 2026 Annual Meeting
Proposal 3 votes for
19,027,253 votes
Votes for Proposal 3 at 2026 Annual Meeting
Broker non-votes on Proposal 3
5,443,813 votes
Broker non-votes reported for Proposal 3
Highest director votes for
19,504,158 votes
Votes for director nominee Edwin S. Saunier (Proposal 1i)
Key Terms
annual meeting of shareholders, record date, broker non-votes, Proxy Statement, +1 more
5 terms
record date regulatory
"As of February 27, 2026 record date for the Annual Meeting"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
broker non-votes regulatory
"Broker Non-votes 5,443,813"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
Proxy Statement regulatory
"each of which is more fully described in the Proxy Statement"
A proxy statement is a document companies send to shareholders ahead of a meeting that lays out the items up for a vote—like who will sit on the board, executive pay, and major corporate decisions—and provides background so shareholders can decide how to cast their votes or appoint someone to vote for them. Think of it as an agenda plus a ballot and briefing notes, important because the outcomes can change control, strategy, and value.
Emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
Were all Stock Yards Bancorp (SYBT) director nominees elected in 2026?
Yes. Each named director nominee received substantially more votes for than against, with additional broker non-votes reported. The vote tallies indicate that all nominees standing for election to the board were elected by shareholders at the 2026 annual meeting.
How did Proposal 2 at Stock Yards Bancorp’s 2026 meeting fare in the vote?
Proposal 2 received 24,983,466 votes for, 362,560 votes against and 25,121 abstentions, with no broker non-votes. The strong majority of votes cast in favor indicates shareholder approval of this proposal based on the reported voting results.
What were the voting results for Proposal 3 at Stock Yards Bancorp (SYBT)?
Proposal 3 received 19,027,253 votes for, 744,722 votes against and 155,359 abstentions, along with 5,443,813 broker non-votes. The for votes exceeded against votes, indicating shareholder approval subject to the usual treatment of broker non-votes.