Executive VP at Stock Yards Bancorp (SYBT) receives 1,056-share award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stock Yards Bancorp Executive Vice President Michael Rehm received a grant of 1,056 shares of common stock at $64.46 per share. To cover tax obligations, 430 shares were withheld, leaving him with 18,164 directly owned shares of Stock Yards Bancorp common stock.
He also holds 2,639 shares indirectly through a 401K/ESOP account. In addition, he retains multiple stock appreciation rights tied to common stock, including awards over 4,003 and 5,014 underlying shares with exercise prices of $36.65 and $37.30, expiring in 2029 and 2030.
Positive
- None.
Negative
- None.
Insider Trade Summary
11 transactions reported
Mixed
11 txns
Insider
Rehm Michael
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,056 | $64.46 | $68K |
| Tax Withholding | Common Stock | 430 | $64.46 | $28K |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 18,594 shares (Direct);
Stock Appreciation Right — 4,003 shares (Direct);
Common Stock — 2,639 shares (Indirect, 401K/ESOP FBO Michael Rehm)
Footnotes (1)
FAQ
What did SYBT Executive Vice President Michael Rehm report in this Form 4?
Michael Rehm reported a stock award and related tax withholding. He received 1,056 shares of Stock Yards Bancorp common stock and had 430 shares withheld to satisfy tax obligations, updating his direct and indirect ownership positions in the company.
What stock appreciation rights linked to SYBT does Michael Rehm hold?
He holds several stock appreciation rights tied to SYBT common stock. These include rights with exercise prices such as $36.65 and $37.30 and underlying share amounts of 4,003 and 5,014, with expiration dates ranging from 2029 through 2036.
Does this SYBT Form 4 show open-market buying or selling by Michael Rehm?
The filing reflects a stock award and tax withholding, not market trades. The grant is coded as an acquisition award, and the disposition is solely to satisfy tax liability, with no open-market purchases or sales reported in this Form 4.